- summary:
- Coin Network Coin was freed after the recession last week due to another postponement of its transfer to the open Mainnet.
The PI network is still one of the most expected crying currency projects in history. The postponement of the network to the last open network on January 31 has caused a declining feeling about the Pi IOU, but has regained some land since then. However, the low global encryption market has exacerbated the decline.
The PI network coin recovered after the recession
Despite the sour feelings, the Pi Network has operated the panic after it revealed that Ttransition to the open network would happen before the end of the extended allowance. The Pi Network Core announced previously that it was less than a million deportations of 10 million targets necessary to move to the open network.
This number is likely to be achieved in the remaining time; Which can increase upward momentum in the coming days. Users must transfer their coins to the open Mainnet during the transition period. This will enable them to experience the full functions of the PI.
Coin Network Coin increased by 10.7 % on the daily chart at the time of writing this report, indicating the accumulation of upward feelings. However, the Pi Core team had previously separated from IOU. Therefore, there is no official insertion price for PI Coin when the open Mainnet is turned on.
What can the PI fail?
The important question is just as much as the currency will be inserted. Many speculate that currency feelings and project design are interesting enough to attract the higher central stock exchanges (CEXS). This has put a great expectation of the currency, which helped to keep it on the upper path.
On the contrary, failure in the list of these exchanges can reduce enthusiasm and exercise the declining pressure on the coin. While the Pi Network Coin’s performance has been relatively good in recent weeks, a history of promises that were not fulfilled by the development team was assigned. It is worth noting that the current Pi Network IOU PRICE is about 84 % of its highest levels of $ 305, according to Coingecko.
