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#YourMostPromisingMemeCoin
The KYC process for Pi Network has been completed, and the exchange listings have accelerated.
Important events have recently taken place in the Pi Network ecosystem. As the deadline for users to complete the KYC process approaches, new listings on exchanges and price fluctuations are capturing attention.
The KYC process has been completed, and the conditions for transitioning to Mainnet have become clear.
For Pi Network users, March 14 has been set as the deadline for completing Know-Your-Customer (KYC) verification to transition to the mainnet. In previous periods, deadlines could have been extended, but this time no additional time has been granted. Users who do not complete the verification by the specified date risk losing most of their earned PI tokens.
The development team announced that some users are required to undergo (2FA) two-factor authentication. Notably, users who moved their PI tokens to the mainnet in the past few weeks but are currently in a 14-day waiting period stated that if they fail to complete the 2FA verification, their assets will be returned to the mining app. However, after completing the 2FA, users' balances will be transferred back to the mainnet.
Price movements of Pi Network and expectations for the future
The PI token, after its launch on February 20, reached $1.80 but quickly fell to $0.65. However, by the end of last month, it hit an all-time high of $3. But this rise didn't last long, and the token is currently trading at $1.13, having lost 40% of its value in the last two weeks. Despite this drop, some analysts believe that the PI token may rise again soon. Coinvo, which has over 300,000 followers on X, noted that the PI token could show an upward movement according to the "Power of Three" model (Power of Three – PO3).
On the other hand, some community members predict that the PI token could reach $314,159. This estimate establishes a symbolic connection with the number Pi (π ≈ 3.14159), but this prediction is unrealistic, as the market capitalization of the PI token would need to grow to trillions of dollars to reach this level.