Pi Network has announced a critical deadline extension for its Grace Period, allowing users more time to complete KYC verification and mainnet migration. This update arrives as market interest in Pi Coin surges, with speculation mounting about a potential price rally to $5.
Key Deadline Extension Details
- New Deadline: March 14, 2025 (8:00 AM UTC)
- Significance: Coincides with Pi Coin’s sixth anniversary
- Final Opportunity: Last chance for unverified users to migrate balances
👉 Discover how Pi Network’s migration impacts your holdings
Reasons for the Grace Period Extension
- Inclusivity: Early Pioneers returning post-Open Network launch need time to complete KYC.
- Network Health: Higher verified user participation strengthens Pi’s ecosystem.
- Corner Cases: Addresses unique challenges faced by some users during migration.
Warning: Unverified balances not migrated by the deadline will be forfeited, except for Pi mined in the last six months.
Steps to Avoid Balance Forfeiture
- Submit KYC via the Pi Network app.
- Complete Mainnet Checklist (under ‘Mainnet’ section).
- Notify Referral Team/Security Circle to ensure their migration.
Pi Coin Price Outlook
Despite recent volatility, Pi Coin has shown resilience:
- Current Price: $1.68 (7% daily drop)
- Weekly Gain: +170%
- Bullish Speculation: Potential $5 target if adoption grows.
Market watchers attribute optimism to:
- Possible Binance listing.
- Mainnet progress enhancing token utility.
FAQ Section
Q: Is this the last KYC extension?
A: Yes. No further extensions are planned.
Q: What happens to unverified Pi after March 2025?
A: Balances (except recent 6-month earnings) will be forfeited.
Q: Could Pi Coin reach $5?
A: Market trends suggest possible gains, but depend on adoption and exchange support.
👉 Explore Pi Network’s roadmap and trading potential
Note: Always conduct independent research before investing. Cryptocurrencies involve high risk.
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