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The
Network, a decentralized digital currency project, has announced a final extension to its Know Your Customer (KYC) and Mainnet migration deadline. This extension, set to March 14, 2025, at 8:00 AM UTC, is the last opportunity for Pioneers to verify their accounts and migrate their Pi holdings to the Mainnet before risking the loss of their unclaimed Pi balance.The decision to extend the deadline aims to provide early Pioneers who may have gone inactive with another chance to verify their identity and migrate their Pi holdings. Pi developers have expressed concerns about unverified and unclaimed Pi, emphasizing the need for this final extension to maintain the network's security and decentralization.
Pioneers who fail to complete KYC and migrate to the Mainnet by the deadline risk losing most of their mobile balance. However, users will retain Pi mined within the last six months before migration. This means that anyone still holding older, unverified Pi must act before the deadline to avoid losing their assets.
As the Pi Network ecosystem grows, speculation around Pi Coin's price is rising. The token is currently trading at $2.15, reflecting a 10% rise in 24 hours. If the bullish momentum continues, experts believe Pi could reach $3 or even $5 soon. With the final deadline now set, Pioneers who have yet to complete KYC should take action to secure their Pi holdings before it's too late.
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