The PI network, which became a viral feeling, suddenly saw a tremendous violent reaction from society, as people call another specific project. Pi users, known as the pioneers, are increasingly frustrated because they are struggling to transport their mineral currencies (PI) to Mainnet before the deadline on March 14.
The network has determined 8:00 AM International time as the pieces to complete the customer checking (KYC) and the deportation. Failure to fulfill the deadline may lead to the loss of users most of their PI holdings, with the exception of the metal currencies that have been extracted in the past six months. While it was the period of allowing foot To give users more time, many still face technical problems that have not been solved preventing them from transferring their balances.
See the shrinkage of the network, many encryption Analysts They expressed their concerns on social media, demanding another extension until all technical defects are fixed. Some users I report that their balances are still not an article despite the completion of KYC and after the main review menu. Others gave support tickets but they were claiming that they did not receive any response from the PI team. Criticism at the top, where users accuse the project of being unwanted and raising doubts about its credibility.
PI face heavy losses amid uncertainty in the market
As the deportation issues continued, the Pi Coin suffered from a sharp drop, as it decreased by 16.3 % this week and is currently trading at $ 1.40. In the past 24 hours alone, it witnessed a 12.2 % decrease. Despite this recession, some analysts remain PrematureReferring to the next PI on March 14 as a potential incentive for the price apostasy. In addition to the pressure, the PI erupted to less than the main support at $ 1.43, confirming a huge direction, with EMA for 50 days at $ 1.74 now operating as a large resistance. If the declining direction continues, PI can test support at $ 1.20 or even $ 0.99. To reflect the momentum, it must recover $ 1.74. With the constant market fluctuations and lack of confirmation from Binance, investors remain cautious about the short -term expectations of PI.
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Meanwhile, the long -awaited Binance menu is still unconfirmed. Although the PI community voted by an overwhelming majority – 86 % in favor – to exchange to the PI list, Binance has not yet issued an official announcement. This lack of clarity has caused frustration among the pioneers, many of whom took to review the platforms to express their dissatisfaction. Binance and BYBIT have witnessed a flood of one of the angry users, with the former CEO of BYBIT in obtaining the PI network.
As the deadline approaches quickly and the lack of a decision on the horizon, the PI faces increasing pressure to address users’ concerns before confidence in the project takes deeper success.
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