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Pi Network Faces Backlash As Users Struggle With Mainnet Migration10 March The post Pi Network Faces Backlash as Users Struggle with Mainnet Migration appeared first on Coinpedia Fintech News Pi network, which became a viral sensation, suddenly saw a massive backlash from the community, where people are calling it another overhyped project. Pi Network users, known as Pioneers, are growing increasingly frustrated as they struggle to transfer their mined Pi Coins (PI) to the Mainnet ahead of the March 14 deadline. The network has set 8:00 AM UTC as the cutof

Pi Network Faces Backlash As Users Struggle With Mainnet Migration

10 March

The post Pi Network Faces Backlash as Users Struggle with Mainnet Migration appeared first on Coinpedia Fintech News

Pi network, which became a viral sensation, suddenly saw a massive backlash from the community, where people are calling it another overhyped project. Pi Network users, known as Pioneers, are growing increasingly frustrated as they struggle to transfer their mined Pi Coins (PI) to the Mainnet ahead of the March 14 deadline.

The network has set 8:00 AM UTC as the cutof
The price of Pi Network's crypto has seen a remarkable increase this week, rising to a peak of $3 on Wednesday, marking nearly a 400% jump from last week's low of $0.60. This surge has propelled the self-reported market capitalization of Pi Network to over $16.3 billion, positioning it among the top-performing cryptocurrencies during a week characterized by declines in many other digital assets. Recent trading activity indicates a significant portion is happening on OKX, one of the largest cryptocurrency exchanges that has already listed Pi, alongside other platforms like HTX, Bitget, MEXC, and Gate.io. The anticipation surrounding a potential listing on Binance has further fueled interest in the Pi coin, as a poll conducted by Binance has attracted millions of votes, with a majority showing support for its inclusion. Market analysts suggest that a Binance listing could lead to further listings on other major exchanges such as Coinbase and Upbit. Coinbase would provide access to U.S. clients, while Upbit would connect the coin to South Korean traders. This potential expansion into new markets could significantly impact Pi Network's visibility and trading volume. Despite facing skepticism in the past, particularly during its enclosed mainnet phase since 2021, the network’s recent developments have helped bolster perceptions of legitimacy. Successful migrations of tokens to the mainnet have alleviated concerns regarding the network’s credibility. Technical analysis of the Pi coin shows a bullish pennant pattern forming, suggesting the possibility of continued upward momentum. Following its recent lows, the token has demonstrated a break-and-retest pattern, with analysts predicting potential price targets of $3.14 and even $5 as more exchanges begin to support it. #Write2Earn #PI #PiCoreTeam #Binance #BinanceSquareFamily $BTC $XRP $SOL
The price of Pi Network's crypto has seen a remarkable increase this week, rising to a peak of $3 on Wednesday, marking nearly a 400% jump from last week's low of $0.60.

This surge has propelled the self-reported market capitalization of Pi Network to over $16.3 billion, positioning it among the top-performing cryptocurrencies during a week characterized by declines in many other digital assets.

Recent trading activity indicates a significant portion is happening on OKX, one of the largest cryptocurrency exchanges that has already listed Pi, alongside other platforms like HTX, Bitget, MEXC, and Gate.io. The anticipation surrounding a potential listing on Binance has further fueled interest in the Pi coin, as a poll conducted by Binance has attracted millions of votes, with a majority showing support for its inclusion.

Market analysts suggest that a Binance listing could lead to further listings on other major exchanges such as Coinbase and Upbit.

Coinbase would provide access to U.S. clients, while Upbit would connect the coin to South Korean traders. This potential expansion into new markets could significantly impact Pi Network's visibility and trading volume.

Despite facing skepticism in the past, particularly during its enclosed mainnet phase since 2021, the network’s recent developments have helped bolster perceptions of legitimacy. Successful migrations of tokens to the mainnet have alleviated concerns regarding the network’s credibility.

Technical analysis of the Pi coin shows a bullish pennant pattern forming, suggesting the possibility of continued upward momentum.

Following its recent lows, the token has demonstrated a break-and-retest pattern, with analysts predicting potential price targets of $3.14 and even $5 as more exchanges begin to support it.

#Write2Earn #PI #PiCoreTeam #Binance #BinanceSquareFamily $BTC $XRP $SOL
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Binance, one of the world's largest cryptocurrency exchanges, could be making a significant mistake by not listing Pi Coin. With a booming community of **60 million** users, Pi Network has rapidly gained popularity, and its user base is anything but insignificant. This massive community could be the key to Binance’s future, and ignoring them might come at a great cost. 📊 The Power of Community Pi Network’s growth has been nothing short of extraordinary. As of now, it has 60 million users worldwide. This means that Pi Coin is not just another cryptocurrency project; it's a movement with millions of people eagerly waiting for its next steps. By not listing Pi Coin, Binance risks alienating this substantial user base, which is already active and deeply invested in the network. 💡 What’s at Stake for Binance? If Binance does not list Pi Coin, it could potentially lose a huge chunk of the market. New cryptocurrency users, especially those who are part of the Pi Network community, may feel compelled to shift to other platforms that do list Pi Coin. Other exchanges would likely see this as an opportunity to capture these users and their transactions. Binance, which has worked so hard to establish itself as the go-to platform for crypto trading, could find itself losing relevance in a highly competitive market. 🧠 A Business Risk Binance Can’t Afford For any business, retaining customers and ensuring loyalty is vital. Pi Network’s massive following represents not just potential trading volume but also an active, engaged community that could drive the future of the crypto market. The question is: **Will Binance risk losing 60 million users?** Ignoring this massive user base may be a dangerous move. 🔮 The Future is Community-Driven As the crypto market matures, it's clear that community-driven projects like Pi Network are going to play a significant role in shaping the industry. Whether Pi Coin gets listed on Binance or not, one thing is certain: the power of a dedicated community is undeniable. And, businesses that fail to recognize this will likely.
Binance, one of the world's largest cryptocurrency exchanges, could be making a significant mistake by not listing Pi Coin. With a booming community of **60 million** users, Pi Network has rapidly gained popularity, and its user base is anything but insignificant. This massive community could be the key to Binance’s future, and ignoring them might come at a great cost.
📊 The Power of Community
Pi Network’s growth has been nothing short of extraordinary. As of now, it has 60 million users worldwide. This means that Pi Coin is not just another cryptocurrency project; it's a movement with millions of people eagerly waiting for its next steps. By not listing Pi Coin, Binance risks alienating this substantial user base, which is already active and deeply invested in the network.
💡 What’s at Stake for Binance?
If Binance does not list Pi Coin, it could potentially lose a huge chunk of the market. New cryptocurrency users, especially those who are part of the Pi Network community, may feel compelled to shift to other platforms that do list Pi Coin. Other exchanges would likely see this as an opportunity to capture these users and their transactions. Binance, which has worked so hard to establish itself as the go-to platform for crypto trading, could find itself losing relevance in a highly competitive market.
🧠 A Business Risk Binance Can’t Afford
For any business, retaining customers and ensuring loyalty is vital. Pi Network’s massive following represents not just potential trading volume but also an active, engaged community that could drive the future of the crypto market. The question is: **Will Binance risk losing 60 million users?** Ignoring this massive user base may be a dangerous move.
🔮 The Future is Community-Driven
As the crypto market matures, it's clear that community-driven projects like Pi Network are going to play a significant role in shaping the industry. Whether Pi Coin gets listed on Binance or not, one thing is certain: the power of a dedicated community is undeniable. And, businesses that fail to recognize this will likely.
At First provide the PI coin to shift from Lock Up Balance. most of people locked up there pi in lock up periods of 3 years. They all are stuck with their ignorance to point no.4 in #pi mainnet. Now they all need some motivation for waiting 3 years or please help them in 🔓 tell in comments : #pi #piteam #Write2Earn #MainnetLaunch
At First provide the PI coin to shift from Lock Up Balance.
most of people locked up there pi in lock up periods of 3 years.
They all are stuck with their ignorance to point no.4 in #pi mainnet.
Now they all need some motivation for waiting 3 years or please help them in 🔓 tell in comments :
#pi #piteam #Write2Earn #MainnetLaunch
🚀 **Big news, Pi Pioneers!** The migration of nodes to the **Pi Mainnet** has officially begun! 😀 This is a **game-changing moment**—smart contracts are being deployed, marking a huge step toward a fully functional, decentralized ecosystem. Remember, the prices on exchanges were never accurate because the network wasn’t fully operational. Now, with nodes migrating to Mainnet, we’re closer than ever to realizing **Pi’s true potential**. 💡 **Stay focused, keep building, and let’s make history together!** #pi #pincoin #Mainnet #Picoins
🚀 **Big news, Pi Pioneers!** The migration of nodes to the **Pi Mainnet** has officially begun! 😀
This is a **game-changing moment**—smart contracts are being deployed, marking a huge step toward a fully functional, decentralized ecosystem.
Remember, the prices on exchanges were never accurate because the network wasn’t fully operational. Now, with nodes migrating to Mainnet, we’re closer than ever to realizing **Pi’s true potential**.
💡 **Stay focused, keep building, and let’s make history together!**
#pi #pincoin #Mainnet #Picoins
Pi Network Rockets into the Top 11! 🚀 Fellow Pioneers, HUGE news! 🎉 Pi is now ranked in the top 11 cryptocurrencies by market cap on CoinMarketCap! This is a massive milestone and a testament to the strength of our growing community and the potential of the Pi Network. @Pi_Coin @PI CORE TEAM Keep mining, keep buying, keep holding, keep believing, and let's continue to build the future of cryptocurrency together! Follow me for more updates ⛏️ #PiNetworkMainnet #picoin #CryptoTrends2024 #Web3metaverse #milestone
Pi Network Rockets into the Top 11! 🚀
Fellow Pioneers, HUGE news! 🎉 Pi is now ranked in the top 11 cryptocurrencies by market cap on CoinMarketCap! This is a massive milestone and a testament to the strength of our growing community and the potential of the Pi Network. @Pi_Coin @PI CORE TEAM
Keep mining, keep buying, keep holding, keep believing, and let's continue to build the future of cryptocurrency together! Follow me for more updates ⛏️ #PiNetworkMainnet #picoin #CryptoTrends2024 #Web3metaverse #milestone
Rewritten Version: Pi Lockup Configuration Explained Starting March 14, 2022, if you locked up all or part of your Pi Transferable Balance, you made a binding commitment. This means the locked Pi cannot be transferred to your Available Balance in the Pi Wallet until the lockup period ends. While the locked Pi can be migrated to the Pi Wallet, it will remain under the Lockup function until its maturity date. Once the lockup is in effect, changing the lockup rate or duration will not affect the current locked amount or timer. Here’s an important note from the Pi app Migration Checklist: "You can voluntarily commit to locking up a portion of your Transferable Balance for a boosted mining rate, effective March 14, 2022. The Lockup configuration is binding upon commitment, so the amount and duration of the Lockup cannot be changed before your first Mainnet transfer. Note: Pioneers must commit to a Lockup setting to be eligible for Mainnet Migration, even if they choose not to lock up any Pi." #PiNetworkMainnetLaunch #PiNetworkkyc #PiNetwork
Rewritten Version:
Pi Lockup Configuration Explained
Starting March 14, 2022, if you locked up all or part of your Pi Transferable Balance, you made a binding commitment. This means the locked Pi cannot be transferred to your Available Balance in the Pi Wallet until the lockup period ends. While the locked Pi can be migrated to the Pi Wallet, it will remain under the Lockup function until its maturity date.
Once the lockup is in effect, changing the lockup rate or duration will not affect the current locked amount or timer.
Here’s an important note from the Pi app Migration Checklist:
"You can voluntarily commit to locking up a portion of your Transferable Balance for a boosted mining rate, effective March 14, 2022. The Lockup configuration is binding upon commitment, so the amount and duration of the Lockup cannot be changed before your first Mainnet transfer.
Note: Pioneers must commit to a Lockup setting to be eligible for Mainnet Migration, even if they choose not to lock up any Pi."
#PiNetworkMainnetLaunch #PiNetworkkyc #PiNetwork
Unverified Balance Of Pi Network Hello Pioneers! 👋 There’s been a lot of confusion and misinformation circulating about unverified balances in the Pi Network. Let’s set the record straight and ensure everyone understands how this works. What Are Unverified Balances? Unverified balances are bonuses earned through your referral team and security circle contributions. These bonuses are held in a pending state until the respective members of your team complete their Know Your Customer (KYC) process. This ensures that all rewards are distributed fairly and only to verified, real users. Why Is KYC Important? 1. Preventing Fraud: KYC ensures that bots or multiple accounts do not unfairly claim rewards. 2. Legal Compliance: As Pi Network moves toward mainstream adoption, KYC is mandatory for regulatory compliance. 3. Fair Distribution: Your referral bonuses depend on your team members’ successful KYC completion, ensuring only active, verified contributors are rewarded. Will You Lose Your Unverified Balance? No, you won’t lose your personal mined Pi or verified bonuses. However: - If a team member fails to complete their KYC, the portion of your unverified balance attributed to them will not become transferable. - The Pi Network considers inactive or unverified accounts as potential bots, which is why their contributions remain unverified until they pass KYC. For example: - If you have 5 team members and 3 complete KYC, you will receive the unverified balance from those 3 members, while the contributions from the remaining 2 will stay locked unless they verify later. Final Thoughts The unverified balance system is not a trap or a loss—it’s a safeguard to ensure fairness and security within the network. Rest assured that any verified contributions will become yours as long as your team completes their KYC process. Let’s continue building a secure and inclusive ecosystem together! 🌟 Follow me for more updates🙏 #Pioneers @Pi_Coin #PiNetwork #PiCoreTeam #pitomoon Disclaimer: Includes third-party opinions. No financial advice.
Unverified Balance Of Pi Network
Hello Pioneers! 👋
There’s been a lot of confusion and misinformation circulating about unverified balances in the Pi Network. Let’s set the record straight and ensure everyone understands how this works.
What Are Unverified Balances?
Unverified balances are bonuses earned through your referral team and security circle contributions. These bonuses are held in a pending state until the respective members of your team complete their Know Your Customer (KYC) process. This ensures that all rewards are distributed fairly and only to verified, real users.
Why Is KYC Important?
1. Preventing Fraud: KYC ensures that bots or multiple accounts do not unfairly claim rewards.
2. Legal Compliance: As Pi Network moves toward mainstream adoption, KYC is mandatory for regulatory compliance.
3. Fair Distribution: Your referral bonuses depend on your team members’ successful KYC completion, ensuring only active, verified contributors are rewarded.
Will You Lose Your Unverified Balance?
No, you won’t lose your personal mined Pi or verified bonuses. However:
- If a team member fails to complete their KYC, the portion of your unverified balance attributed to them will not become transferable.
- The Pi Network considers inactive or unverified accounts as potential bots, which is why their contributions remain unverified until they pass KYC.
For example:
- If you have 5 team members and 3 complete KYC, you will receive the unverified balance from those 3 members, while the contributions from the remaining 2 will stay locked unless they verify later.
Final Thoughts
The unverified balance system is not a trap or a loss—it’s a safeguard to ensure fairness and security within the network. Rest assured that any verified contributions will become yours as long as your team completes their KYC process.
Let’s continue building a secure and inclusive ecosystem together! 🌟
Follow me for more updates🙏
#Pioneers @Pi_Coin #PiNetwork #PiCoreTeam #pitomoon
Disclaimer: Includes third-party opinions. No financial advice.
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