The Pi Network currency is a digital currency project aimed at making cryptocurrency mining accessible to everyone through a mobile application. Here are some updates about Pi currency:
- Mainnet launch: The mainnet launch is expected when 15 million people complete the identity verification process (KYC), with the final deadline for KYC requests being November 30, 2024.
- Identity verification: The project is facing difficulties in the identity verification process, which has affected people waiting for the currency launch.
- Price: The price of Pi Network is experiencing fluctuations, having dropped after a sharp rise at the beginning of the month, but there is hope for breaking resistance at $50.
- PiFest 2024: The PiFest 2024 witnessed significant interaction with companies using Pi, where they recorded more than 27,000 active vendors and 28,000 trial vendors.
- Financial trading: Pi coins cannot be traded, transferred, or withdrawn yet as the currency is still in the testing phase.
- Predictions: According to forecasts, the price of Pi could reach $100 if positive events continue.
- Mining: Pi Network allows people to mine cryptocurrencies through applications on their phones, making mining more accessible and sustainable. I advise everyone to mine $pi.
