The price of the PI network increased by 53 % last week, pushing speculation about a march to $ 10 before the deadline for the KYC deportation March 14.
PI publishes great gains with Mainnet deportation approaching
The price of PI Network increased by 53 % last week to open trading at $ 2 on Saturday, March 1, as the excitement depends on the deadline of Kyc and Mainnet for deportation.
In a recent blog publication published on Friday, February 28, the PI team confirmed that the current deportation window exposes the last opportunity to the pioneers to verify their accounts and secure their PI holdings before the unnamed balances disappear.
The project developer has extended the deadline to accommodate inactive users who have missed previous verification opportunities. They also referred to security concerns, saying that large quantities of non -specific PI stored in the mobile governor are now risks after the open network operates. This deadline is final, with no other planned extensions.
“As part of our ongoing mission to ensure inclusiveness, fairness and the maximum to participate in the PI’s ecosystem, the period of allowing it is a final extension until 8:00 am UTA on March 14, 2025 – the sixth anniversary of the official launch of the project.”
PI network team, February 28, 2025
While the previous extensions have provided a great time to verify, the Pi network developers insist that migration should be concluded to maintain security and decentralization. Those who failed to complete Kyc by losing the deadline for the permanent loss of assets.
Why does the PI stretch the deportation period?
Pi leadership says extension It is necessary to support totalitarianism and access through the global user base. The decision also aims to re -launch the first pioneers who played an important role in adopting the first PI but it has become inactive over time. With the open network, the renewed interest paid the need for a last grace period.
The project cited several major reasons for the extension:
- Early re -ignition: Pi Network wants to make sure that those who contributed to the growth of the ecosystem but have a rescue in the activity have a last opportunity to check their balances and deport them.
- Championship guarantee: The PI mission revolves around providing access to a wide audience, and expanding the deadline for migration with this principle.
- Treating verification obstacles: The extension provides a temporary store for pioneers who face difficulties in completing KYC due to organizational or logistical challenges.
- Network enhancement: The real and verified network and decentralization are vital for the long -term success. Allowing more users to move to Mainnet ensures a stronger and more powerful environmental system.
Despite these considerations, the PI network confirms that this extension is the last absolute. The move forward must move forward to create full network functions without unlimited or inactive balances that weigh the system.
What happens if you miss the deadline for deportation of the PI network?
The pioneers who fail to complete KYC and deport their PI holders before March 14, 2025, most of the balance of the mobile phone portfolio. However, the PI network has made it clear that any PI is extracted over the past six months before the deportation remains available.
This means that users who hold the older PI and non -thinkers should take action before the deadline or risk the loss of their assets permanently. The deportation process guarantees that only users who have been verified keep their balances, and they are compatible with the commitment of the PI to maintain the non -central Blockchain and authentication.
Can the price of the PI network reach $ 10 before March 14?
With the price of PI 53 % last week, it moved from the opening price of $ 1.20 on Sunday 23 February before the opening of the trading at 2.10 dollars on Saturday 1 March. Speculation is now escalating on PI capabilities to reach the level of $ 10 before the deadline for migration.
The market reaction indicates the increasing confidence in the project’s virginity in the long run, but whether PI can reach $ 10 on multiple factors. Market morale is also very important. Increased adoption, successful migrations, and expansion of use cases can nourish more gatherings.
However, the failure to meet the targets of immigration or continuous doubts about the interest of PI after the post -mainnet may inhibit the bullish momentum. The PI price path is still not certain, but one thing is clear – the deadline on March 14 is a crucial moment for the future of the project.
Users still keep unreasonable balances a narrow window to act before their assets disappear.
Whether the price of PI continues to rise or restore it in the coming weeks, the network’s transfer to the full Mainnet function will be a turning point that determines its long -term horizons.
PI network analysis
The price of the PI network is merged near $ 1.95 after deploying a crowd 53 % over the past week. The graph proposes a major decision point, as technical indicators make mixed signals on whether PI can maintain its upward momentum about 10 dollars.
SAR, the equivalent, is a major indication of the direction, upward at $ 1.1446, indicating that buyers are still controlling the wider direction.
However, the latest red candles approaching two dollars indicate the pressure pressure, indicating a possible spread if the bulls fail to obtain current support levels.
The decisive closure of more than $ 2 would enhance the upscale momentum, while failure may see PI reconsider a range of $ 1.50-1.60.
The size analysis shows a recent decrease in the bullish momentum, as it turns the negative size, indicating more pressure from the sale side.
If buyers enter to accommodate the sale, the collapse over $ 2.50 may lead to a sharp crowd, with $ 3.20 as a next resistance before a possible increase to 10 dollars.
However, the failure to maintain more than $ 2 risks a long standard of unification, which delays any upward outbreak before the deadline for migration on March 14.
Related questions (common questions)
The unjust PI balances will be lost permanently after March 14, but the PI has been extracted in the past six months is still available.
The PI price has increased by 53 % recently, but getting $ 10 depends on technical collapse, market morale, and adoption momentum.
It ensures the inclusive extension, the re -customization of the adopters early, and enhances the safety of the network before the full Mainnet functions.
Ibrahim
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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