The PI network recently revealed major updates on Kyc and Mainnet Migration for a period of grace. It is worth noting that this update comes in the midst of the high -end of the project among the market participants. Moreover, the recent developments of the distinctive symbol have also fueled speculation about the high price of the PI to $ 5.
PI network extends
In a decisive update, PI announced Extension The deadline for allowing the periodAllow additional users to complete their knowledge of the customer (KYC) and check their balances to Mainnet. A newly blocked post showed that The deadline was paid to March 14, 2025, at 8:00 am International timeIn conjunction with The sixth anniversary of the Coin.
According to the PI, this extension is the last opportunity for users who have not yet achieved their accounts. The decision aims to ensure inclusiveness, and enable the first pioneers who returned after that Open the launch of the network to complete its deportation.
Meanwhile, the team stressed the importance of this deadline, saying that any pioneers who fail to complete the KYC process risks to give most of the balances of mobile devices. They made it clear that the previous extensions have provided a great time to verify, making this final opportunity for users that are not determined to secure their holdings.
Why did the PI extend the time of allowing?
The last PI Network decision is in line with its commitment to inclusiveness and fairness. The team has set several reasons for this extension, with highlighting the main network goals:
- Refresh the first pioneers: Many users who contributed to the first success of PI have returned recently. The extension gives them an opportunity to complete Kyc and immigration.
- Ensure the maximum participation: The strength of the network depends on the verified users. Allowing more pioneers to complete the process reinforces a healthier environmental system.
- Corner Cases: Some users have faced unique challenges in completing their deportation. The extension is a treatment for those who still need time.
- Network enhancement: PI aims to maintain a non -central environmental system. The deadline guarantees the network’s transfer smoothly to its next phase.
The PI has made clear that although inclusiveness remains a priority, this represents the final extension. Users should act instantly or risk confiscating their balances.
What happens if the pioneers lose the deadline?
The latest PI statement reinforces the failure to complete Kyc and Mainnet Migration by March 14, 2025, will lead to confiscation. Unacceptable users will lose most of the mobile phone balance, with the exception of PI mined in the past six months before deportation.
To avoid thisUsers must:
- Send their Kyc request Via PI network application.
- Complete the Mainnet review menu Under the “Mainnet” section of the application.
- Remind the referral team and members of the Security Department To complete migration.
What is the following for the price of PI?
Market speculation about the PI price continues to condense as the network approaches its full transition. Some analysts believe that increased adoption, along with a fully verified network, can lead to a high price of PI in the coming days.
However, the cryptocurrency has witnessed recently volatile trading. The value of the PI decreased by about 2 % and the exchange of hands at $ 2.22, after touching 24 hours at $ 2.36. However, unlike other cryptocurrencies that have witnessed huge sale during the last accident, the PI has risen about 170 % over the past seven days.
Moreover, with speculation gained momentum on the PI menu on Binance, market monitors expect strong gains at the front for encryption. It is worth noting that the analysis of the last currency price of PI indicates that the encryption may reach $ 5 if the upscale momentum carries among the merchants.
Robam Roy
RUPAM is an experienced professional with three years experience in the financial market, where he developed a reputation as an insightful career and journalist. It flourishes to explore the dynamic nuances of the financial scene. It currently acts as a sub -editor in Coingepe, RUPAM experience extends beyond the traditional borders. Its role includes breaking stories, analyzing developments related to the prosecution, providing actual time updates in the encryption market, and providing insightful economic news. Robam’s profession is characterized by a deep passion for the complexity of financing and the presentation of influential stories that resonate with a diverse audience.
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