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Reading: Pi Network Coin Extends KYC Deadline and Sees Price Surge
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COINTURK NEWS > Altcoin News > Pi Network Coin Extends KYC Deadline and Sees Price Surge
Altcoin News

Pi Network Coin Extends KYC Deadline and Sees Price Surge

In Brief

  • Pi Network Coin has extended the KYC deadline to February 28, 2025.

  • The price of Pi Coin surged by 10% in the last 24 hours.

  • Investors need to keep a close watch on upcoming market developments.

Fatih Uçar
Fatih Uçar 4 months ago
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Pi Network Coin has announced an extension of the KYC (Know Your Customer) process and the transition to the mainnet until February 28, 2025. This decision comes just a day before the anticipated mainnet launch. Despite the uncertainty, the price of Pi Coin increased by 10% in the last 24 hours.

Contents
New KYC Deadline: February 28, 2025Pi Coin Price Rises

New KYC Deadline: February 28, 2025

The Pi Network team stated in their announcement that the deadline for identity verification and transition to the mainnet was extended to provide greater access for users. The company emphasized that this additional time allows all users to migrate to the mainnet without losing their Pi Coins.

Pi Network Coin – Pi Coin

This extension is seen as a precautionary measure to prevent user losses. However, Pi Network officials clarified that this new deadline will not affect the public launch of the mainnet, which is still planned for the first quarter of 2025.

Pi Coin Price Rises

Investors reacted positively to the unexpected extension, as the price of Pi Coin climbed nearly 10% and approached $50. Its market valuation has reached $3.38 billion.

As the mainnet launch approaches, Pi Coin’s price movements are attracting increased attention. Should the mainnet launch occur in the first quarter of 2025, experts predict the price could rise to $100. However, a potential delay could see the price drop to as low as $28.

Investors should closely monitor developments, especially knowing that those who do not complete the KYC process will lose their coins. The upcoming mainnet launch period is expected to see significant price volatility.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 31 January, 2025 - 12:05 pm 31 January, 2025 - 12:05 pm
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