- Will Pi Network (PI) Launch on Mainnet During This Bull Cycle?
Pi Network has yet to officially launch its mainnet or native token. Despite this, the network’s growing user base and the ongoing bull cycle have sparked new questions: Could Pi Network finally make its long-awaited debut during this market surge?
Pi Network first launched on March 14, 2019, and has since garnered over 14 million users, with many completing the required Know Your Customer (KYC) verification. The idea behind Pi Network is revolutionary – it promises to allow users to mine cryptocurrency directly from their smartphones. This innovative concept has sparked significant interest and anticipation, but the actual mainnet release has been continuously delayed.
In an attempt to bring users closer to the official launch, the Pi Network team recently extended the KYC submission deadline until December 31, 2024, marking the second such extension. Originally set for September, this extension now coincides with the planned mainnet and token release. However, as the deadline approaches, doubts among the community are growing. Will the Pi Network team keep their promise, or will it face further delays?
Perplexity, an AI-powered chatbot, shared its thoughts on the situation. According to Perplexity, favorable market conditions, such as the ongoing bull cycle, could push the Pi Network team to follow through with their promised launch. A bullish market environment typically attracts more attention and investment, which could boost the success of the Pi Network’s public debut.
Despite the lack of a mainnet launch, the Pi Network token (PI) has already garnered attention, with its price reportedly reaching $50. Perplexity predicts that the price could surge to $100 even before the official public release, driven by the growing interest in the project and the bullish market conditions.
As the December 31 deadline approaches, all eyes are on Pi Network to see if it can deliver on its promises. With the cryptocurrency market in a positive cycle, there may be no better time than now for Pi Network to finally unveil its mainnet and token, satisfying millions of eager users and investors.
Will Pi Network rise to the occasion and launch its mainnet during this bull cycle? Only time will tell.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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