Latest KYC Deadline Sets Pi Network Mainnet Launch Date In 2025

Latest KYC Deadline Sets Pi Network Mainnet Launch Date In 2025

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Pi Network’s Latest KYC Deadline Sets Mainnet Launch Date In 2025.

NOIDA (CoinChapter.com)— Pi Network has delayed its mainnet launch again, leaving users disgruntled and disappointed. The project has made it a habit of delaying the mainnet.

Now, users have received a crucial reminder to complete their Know Your Customer (KYC) verification process. A recent alert indicates a 75-day countdown, urging participants to fulfill all mainnet checklist steps by December 30, 2024.

Mainnet Delays and User Frustration

The Pi Network’s mainnet launch has been a topic of intense anticipation within the crypto community. With the latest KYC deadline, it appears that the long-awaited transition to mainnet might not occur in 2024, which might increase users’ frustration.

The message conveyed in the alert is clear: complete the KYC process or risk forfeiting your Pi. This has left many users disillusioned, particularly those who have been loyal to the project since its inception.

Pi Network mainnet launch price in India
Tweet about further delays in the Pi Network mainnet launch.

Notably, the 75-day countdown and the December 30, 2024 deadline do not align. This inconsistency could further fuel skepticism among users. Pi Network-following news handles on X shared information about the KYC deadline rather than an official statement from the Pi Network team itself.

The requirement for KYC completion underscores the network’s commitment to regulatory compliance and security.

However, the extended timeline and the looming threat of losing assets could become significant setbacks for the project. Users have expressed their dissatisfaction on social media platforms, with some calling for more transparency from the Pi Network’s development team regarding the mainnet launch timeline.

The sense of urgency and the potential consequences for non-compliance have heightened tensions.

Pi Network Price In India Continues Its Downtrend

The Pi Network token’s price in India remained in the red for the fifth day in a row. It seems Indian traders are now really pissed at the team for the delays in the launch.

If the Pi Network price in INR continues to drop, the token might be forced to test the 20-day, 50-day, 100-day, and 200-day EMA confluence support near ₹3,210. Breaching the immediate support might cause PI coin’s INR price to drop to ₹2,920.

Pi Network mainnet launch price in India
PIINR daily price chart with RSI. Source: Tradingview

Conversely, an uptrend from here would bring the token price to the resistance near ₹3,720, flipping which might result in the bulls targeting the resistance near ₹4,170.

The RSI for the PI coin remained neutral, scoring 57.85 on the daily charts.

The post Latest KYC Deadline Sets Pi Network Mainnet Launch Date In 2025 appeared first on CoinChapter.

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