Grace period ends
Pi Network users must complete the necessary 'Know Your Customer' (KYC) verification steps and migrate to the mainnet by March 14. This time, the deadline (referred to as the grace period) has not been extended, which means those who do not comply with the rules may lose most of the PI tokens they have mined.
Recently, the project's developers stated that some pioneers must complete two-factor authentication (2FA) using a trusted email before their Pi can successfully migrate to the mainnet blockchain.
"Some pioneers who migrated Pi to the mainnet in the past few weeks but are still in the 14-day pending period also need to complete 2FA; otherwise, their Pi will safely return to their mining application. After completing 2FA, their same balance will migrate again," the team added.
Adoption rates continue to rise, Wen Zhang transferred from the public account: wants to eat soft rice hard.
The list of cryptocurrency exchanges allowing transactions with the Pi Network native token is continuously growing. According to CryptoPotato, the latest addition to this list is CoinEx, headquartered in Hong Kong, which has launched the PI/USDT trading pair.
Other well-known platforms accepting the asset include Bitget, OKX, Gate.io, and MEXC. Many members of the crypto community hope that Binance will follow suit soon.
After all, the world's largest cryptocurrency exchange released a vote last month to determine whether its users want to see PI tokens available on the platform. Although 86% of voters clicked 'yes', Binance has not yet taken action on this matter.
Pi Network Price Prediction
The price of PI once surpassed $1.80 on the release day (February 20) and fell below $0.65 the next day. However, at the end of last month, bulls intervened, pushing the valuation to nearly $3, a historical high. The peak was short-lived, and PI has been in a downward trend since then. Currently, its trading price is about $1.15, down 42% in two weeks.
Despite being in a bearish mode, many market observers remain optimistic that prices may rise soon. X user Coinvo told over 300,000 fans on X that PI might follow the so-called 'Triple Power (PO3)' pattern, which means the next step could be an upward trend.
Others predict that PI will reach an astonishing $314.159—this number is symbolically related to π (Pi) ≈ 3.14159. It is worth mentioning that such a high price would require the asset's market capitalization to surge to trillions of dollars, making this prediction extremely unreliable (to say the least).