Pi Network Resumes Mainnet Migration Amid PI Coin Scrutiny WallitIQ Gains Traction With AI Wallet, Biometric Authentication

Pi Network, a prominent cryptocurrency project, has resumed its mainnet migration process after a brief pause, aiming to address several ecosystem uncertainties and exchange listing setbacks. This move comes as the PI coin faces significant scrutiny due to its recent decline in value. The resumption of the mainnet migration is seen as a potential turning point for the PI coin, with analysts and crypto experts closely monitoring whether this development will unlock real value for the token.

The Pi Network team has introduced an email-based two-factor authentication (2FA) verification system as part of its mainnet migration. This new system is designed to enhance the security of the Pi Network ecosystem by replacing the unreliable and costly phone number verification system. The shift to email verification is expected to support more advanced authentication methods in the future, such as passkeys and biometrics. This development is seen as a significant milestone in consolidating the security and integrity of the Pi Network ecosystem, which has faced uncertainties about transparency in recent times.

Despite the positive developments, the future of the PI coin remains uncertain. Technical analysis from TradingView suggests that the PI coin has formed a “falling broadening wedge,” which could indicate a potential breakout to the upside of $1.10. However, it is yet to be seen if these new developments will translate into real value for the PI coin.

Meanwhile, WallitIQ, an AI-driven cryptocurrency project, is gaining traction in the market with its innovative AI wallet and biometric authentication technology. WallitIQ has already launched an AI crypto wallet that uses unique biological traits for identity verification, which has been adopted by major market makers such as Winterhute and GSR Markets. The wallet's biometric authentication works seamlessly with its infrastructure, allowing users to enable fingerprint scanning and facial recognition technology as an additional safeguard.

WallitIQ's ecosystem also features a custom AI-Einstein escrow connect model, which enhances wallet security by using a next-level dApp connection route. This model is designed to clamp down on wallet infiltration and portfolio hacking, making it a popular choice among upcoming AI-crypto ecosystems. Additionally, WallitIQ has launched a native push protocol for real-time alerts for on-chain activity, allowing dApp notifications to be sent to the user’s wallet in a gasless, cross-chain manner.

WallitIQ's beta platform launch has been met with tremendous adoption by major market makers and whale investors, who have registered their support for its ongoing presale event. The platform offers an 180% APY staking yield and other XP reward programs, making it one of the most profitable communities for members. Presale token buyers also get special access to premium wallet features and the opportunity to participate in ecosystem governance as part of a custom DAO.

Institutional crypto giants have endorsed the WallitIQ ecosystem and its AI-tech advancements, while Pi Network’s mainnet migration is seen as playing catch-up to its biometrics technology. With WallitIQ presale tokens priced at $0.0420, institutional wholesalers are taking advantage of the opportunity to accumulate more tokens before the AI market craze picks up. This has led to speculation that WallitIQ may outpace Pi Network in the near future, as its innovative AI algorithms and advanced security features continue to attract investors and market makers.