Pi Network’s much-anticipated mainnet launch is generating excitement among pioneers and crypto enthusiasts. With the KYC deadline now extended to February 28, 2025, many are wondering: Will Pi Coin’s price surge once the mainnet goes live?
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Pi Network KYC Deadline Extended
Initially set to conclude on January 31, the Know Your Customer (KYC) process has been postponed again. According to the official announcement:
“This change provides additional time for Pioneers to complete KYC verification and Mainnet migration, helping more members secure their Pi and contribute to the growing ecosystem.”
While some pioneers expected the open mainnet to launch shortly after the KYC deadline, the latest update clarifies:
“Note that the Grace Period is independent of Open Network timing. It is possible for Open Network to launch before or after the Grace Period ends, and the Grace Period rules will remain the same regardless.”
Despite previous hints from developers that the launch could happen in Q1 2025, uncertainty remains. Let’s analyze what could happen to Pi Coin’s price if the mainnet launches tomorrow.
Pi Coin Price Prediction If Mainnet Launches
Pi Coin, traded on HTX, has mirrored major network milestones since 2022. The coin surged to $100 in October as anticipation built but later dropped after delays. The price is currently stable around $43, forming a double-bottom pattern and a falling wedge, both of which are bullish signs.
- If the mainnet launches soon, a massive price surge (a “God candle”) could push Pi Coin to $100.
- If delays persist and Pi Coin falls below $37.8, a bearish trend could see it drop to $29.
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Key Levels to Watch
- Bullish target: $100
- Bearish scenario: $28–$29
Confirmation of the launch date will likely trigger a breakout, while another delay could cause another price dip.
Pi Network Mainnet Progress
For the mainnet to launch, three conditions need to be met:
- KYC completion – Over 10 million users have migrated.
- External factors – Already met.
- Mainnet-ready apps – Pi Network requires at least 100; currently, there are about 80.
It remains unclear if the missing apps will delay the launch further.
What’s Next for Pi Network?
With the price consolidating, a major breakout—either bullish or bearish—is likely around the corner. Whether Pi Coin reaches new highs depends on when the mainnet finally goes live.
Frequently Asked Questions (FAQs)
- Will Pi Network price rise after the mainnet launch?
- When will Pi Network mainnet launch?
- Is Pi Network a good investment?
Stay tuned for updates on Pi Network’s future and its impact on Pi Coin’s value!
Source: Coingape.com
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