Pi Network’s March 14 KYC Deadline: 80% at Risk as PI Drops 16.3%

Pi Network KYC deadline is approaching rather rapidly close now, with conscionable 4 days remaining earlier the March 14 cutoff erstwhile millions of users mightiness perchance hazard losing entree to their cryptocurrency holdings. Various large pi web migration issues person plagued galore users attempting to implicit the verification process, portion the cryptocurrency’s worth has really plummeted by 16.3% implicit the past week amid mounting idiosyncratic vexation and uncertainty.

Reminder: The Grace Period requires some KYC and Mainnet migration to beryllium completed by 8:00am UTC connected March 14, 2025, to debar forfeiting astir of your Pi different than Pi mined wrong the rolling model of the past 6 months earlier your Pi is migrated. Learn more…

— Pi Network (@PiCoreTeam) March 10, 2025

Also Read: Shiba Inu (SHIB) March End Price Prediction

Pi Network Migration Issues & Price Drop: What You Must Know

Source: Minepi.com

The Pi Network has established March 14, 2025, astatine 8:00 AM UTC arsenic the last deadline for each users to implicit some their Know Your Customer (KYC) verification and mainnet migration processes. This captious Pi Network KYC deadline concludes the Grace Period, which the squad has extended aggregate times, sparking important assemblage debate.

The Pi squad stated:

“The extremity of the Grace Period is inevitable to marque definite the web tin determination connected successful its caller signifier without ample sums of unverified and unclaimed mobile balances.”

Widespread Verification Problems Reported

Thousands of users, besides known arsenic Pioneers, person reported assorted method issues preventing them from completing the required steps, contempt the approaching pi web kyc deadline. According to galore societal media posts and assemblage forums, astir 80% of affected users cannot look to verify their coin balances decently astatine the clip of writing.

I person completed the mainnet checklist. I person been waiting weeks to migrate to mainnet. I person tried everything to lick this problem. The Pi web has done thing to assistance lick this problem. It is simply a precise communal problem. Pi has done thing to assistance hole this and other…

— Jaro Giesbrecht (@JaroGiesbrecht) March 10, 2025

Jaro Giesbrecht, a verified Pi Network user, expressed his vexation publicly:

“I person completed the mainnet checklist. I person been waiting weeks to migrate to mainnet. I person tried everything to lick this problem. The Pi web has done thing to assistance lick this problem. It is simply a precise communal problem.”

Similar complaints person been voiced crossed respective cardinal platforms arsenic users brushwood pi web verification problems that could perchance effect successful the nonaccomplishment of their accumulated coins. Only coins mined wrong the past six months volition beryllium exempt from forfeiture if the deadline passes without palmy verification.

Also Read: 2 US Stocks To Buy connected Monday for Profits

Price Performance Raises Concerns

Source: BeinCrypto

As the migration issues proceed to frustrate users, PI’s marketplace show has fundamentally suffered rather a bit. PI has experienced a steep terms driblet implicit the past week, with a peculiarly terrible 12.2% diminution occurring wrong a azygous 24-hour period. Currently, PI trades astatine astir $1.40, down from its all-time precocious of $2.99, and specified volatility has triggered wide concern.

Market analysts stay divided connected the cryptocurrency’s prospects. One expert noted:

“As agelong arsenic we don’t interruption $1.2 support, I’m bullish. PI time is approaching, and hopefully, we volition spot a pump.”

The cryptocurrency information risks that are presently associated with these kinds of migration processes person really been highlighted by respective cardinal manufacture observers and experts alike. Users indispensable navigate a analyzable verification pathway that includes, steps similar individuality verification, anti-money laundering checks, and besides transaction screening. This full agelong process has created rather a spot of disorder for galore users that are conscionable trying to support their investments during this modulation period.

Binance Listing Uncertainty Adds Pressure

$PI terms update $PI has breached the enactment astatine $1.65 and present heading towards little enactment astatine $1.2. Price retraces are the portion of steadfast terms actions.

As agelong arsenic we don't interruption $1.2 support, one m bullish. $PI time is approaching, hopefully we volition spot a pump pic.twitter.com/CiNvy6SlHr

— Zoe (@queencryptooo) March 9, 2025

Further complicating matters for Pi Network users is the ongoing uncertainty regarding a imaginable Binance listing. Despite a assemblage ballot concluded connected February 27 that showed overwhelming enactment (86% successful favor) of listing Pi Coin, Binance has yet to marque immoderate authoritative announcement, and this soundlessness has spearheaded assemblage frustration.

Also Read: Ripple (XRP) March End Price Prediction

What’s Next For Pi Network Users?

With the Pi Network KYC deadline rapidly approaching arsenic we speak, users really look a captious determination constituent and immoderate pugnacious choices. Those who haven’t completed verification indispensable either effort to resoluteness their method issues instantly oregon they mightiness hazard losing important portions of their holdings, specified arsenic tokens that were mined earlier the six-month window, and this is causing a batch of interest among the community.

The Pi Network Core Team acknowledged the issues but insists that the deadline volition stay unchanged. They noted successful their February announcement:

“The Grace Period deadline has been the lone Pi diagnostic extended aggregate times, and the extensions are meant to let arsenic galore existent Pioneers to verify their balances arsenic possible.”

Despite the wide pi terms driblet and method challenges, the cryptocurrency task continues to support a important marketplace capitalization of implicit $10 billion, ranking it among the apical 15 cryptocurrencies by marketplace worth astatine this time.

Also Read: Top 3 Cryptocurrencies To Buy During The Current Market Dip