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The value of Pi Network decreased by 42% to $ 1.72 as the Mainstet -Deadline approaches. Binance set a March 14, 2025, Kyc Deadline. Market capitalization is $ 12.4 billion with a trade volume of $ 933 million.
PI network migration refers to the transfer of PI Cryptocurrency from users of the test environment (test network) to the official blockchain (MAINNET).
Pi Network Migration Deadline: The value of the PI network has fallen considerably by 42%and drops from its peak of $ 2.99 as the deadline to move to his official blockchain, mainnet. This deadline has created uncertainty among users and investors. Binance, a cryptocurrency exchange, has stated that there will be no extension after March 14, 2025, for PI users to complete their KYC verification and migrate to the Miret.
The PI network is currently appreciated at $ 1.72, which, according to Coingecko, has a 24-hour increase of 17.1%. The Cryptocurrency has a market capitalization of $ 12,415,243,485 and a 24-hour trade volume of $ 933,692.246.
The price volatility increased as the deadline approached and fell from his recent high from almost $ 3 to less than $ 2 in just a few days.
What is PI network migration?
PI network migration includes the relocation of the PI -Cryptocurrency from users of a testing environment (test network) to the official blockchain (mainnet). According to ThangaPandi Durai, CEO of Koinpark, this shift will enable PI holders to use their tokens within a wider ecosystem outside the PI app.
To migrate, users must fill in your customer (KYC) verification to confirm their identity. The Pi Core team has set a deadline for this process, after which non -rewarded tokens can be lost. This measure ensures network security and prevents fraud.
Once migrated, PI-holders can carry out transactions on the open mainnet, so that interactions with other block chains and potential integrations with trade fairs and applications of third parties can be engaged.
Durai explains that Open Manet access means that PI network will fully connect to the wider blockchain ecosystem. Users will have the option to handle Pi freely, to transfer tokens without limitations and integrate with external portfolios. They can also have opportunities to trade PI on cryptocurrency exchanges.
Pi -Network list on Binance
The recent introduction of a new Binance token list has fueled speculation on a potential PI network list. Durai, however, notes that Binance, despite widespread support, has not officially confirmed the offer. PI Network must continue to demonstrate strong security measures, compliance with the regulations and persistent user involvement in order to meet the strict criteria of large stock exchanges.
What is PI network?
PI Network is a social cryptocurrency, developer platform and ecosystem that is designed for accessibility and practice use. It allows users to extract PI and remove it via a mobile-friendly interface, while applications are supported that are built in the blockchain ecosystem.
