Pi Network Mainnet Launch Delayed to 2025
The delayed launch has significant implications for Pi Coin's potential listing on major exchanges, with market projections suggesting a possible annual high of $80 in 2025, but also warning of a potential price crash due to various market factors, making the next few weeks crucial for the cryptocurrency's future.
Pi Network's highly anticipated Mainnet launch has been pushed back to February 28, 2025, sparking uncertainty in the market about the potential listing of Pi Coin on major exchanges, despite significant progress with 10 million verified users and 80-85 decentralized applications available.
The delay has raised concerns among investors, particularly given the impressive price surge of Pi Coin, which has seen a remarkable increase of over 22,800% in the last 10 months. This surge has attracted significant investor interest, with market projections suggesting that Pi Coin could reach an annual high of $80 in 2025. However, a bearish trend or further delays could see its price drop to $10.
The Pi Core Team remains committed to launching the Open Mainnet in Q1 2025, contingent on having at least 100 decentralized applications available. Currently, 80-85 dApps are available, with progress being made to meet the target. Additionally, users have been given the opportunity to correct KYC name mismatches and small typos in phone numbers by January 31, 2025.
However, analysts warn that Pi Network's price may crash after its mainnet launch due to several factors, including revenge selling, the historical trend of tap-to-earn tokens crashing after airdrops, and seasonality affecting the cryptocurrency market. Investors are advised to exercise caution and closely monitor market developments.
As the launch date approaches, the Pi Network community remains hopeful that the Mainnet will be launched as scheduled, and Pi Coin will continue to attract investor interest. The coming weeks will be crucial in determining the future of Pi Coin and the Pi Network, and investors will be watching closely for any updates or developments.
