{"id":50593,"date":"2025-03-08T08:20:42","date_gmt":"2025-03-08T08:20:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50593"},"modified":"2025-03-08T08:20:42","modified_gmt":"2025-03-08T08:20:42","slug":"pi-network-pi-news-recap-march-7th","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50593","title":{"rendered":"Pi Network (PI) News Recap March 7th"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Pi Network launched its Open Network on February 20. A few weeks later, it gained over 4 million followers on X (formerly Twitter).<\/p>\n

PI\u2019s price may experience volatility if Binance lists the token, as the community overwhelmingly voted in favor of it.<\/p>\n

<\/a><\/span><\/h2>\n

The Latest Developments<\/h2>\n

Pi Network has <\/span>completed<\/span> some <\/span>serious<\/span> achievements<\/span> over the past few weeks.<\/span> Perhaps the<\/span> most important one is the launch of the Open Network, which <\/span>occurred<\/span><\/a> on February 20.<\/span> The development made the PI token publicly accessible <\/span>and enabled<\/span> exchanges to list it.<\/span> Among the first to embrace it were Bitget, OKX, MEXC, and others.\u00a0<\/span><\/p>\n

The asset\u2019s price experienced <\/span>huge<\/span> turbulence during its first trading days, hovering between $0.65 and an <\/span>all-time high<\/span><\/a> of almost $3 on February 27. <\/span>Currently,<\/span> PI trades at roughly $1.80 (per CoinGecko\u2019s data).<\/span><\/p>\n

The <\/span>aforementioned milestone<\/span> has potentially increased the project\u2019s popularity. As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, Pi Network\u2019s followers base on X (formerly Twitter) has surged past four million. Thus, it surpassed Shiba Inu (3.9 million subscribers) and Ethereum (3.7 million followers).\u00a0<\/span><\/p>\n

Despite the progress, the project remains <\/span>quite<\/span> controversial, with some industry participants describing<\/a> it as a scam. Meanwhile, many users still have not completed Know-Your-Customer (KYC) procedures and migrated to the mainnet.\u00a0<\/span><\/p>\n

The team previously set February 28 as a deadline for these efforts, but as usual, it extended the date. <\/span>Last week, <\/span>it <\/span>moved<\/span>\u00a0<\/span><\/a>the Grace Period to March 14.<\/span><\/p>\n

\u201cThis extension especially helps Pioneers who have recently returned and want to reengage with the network now that Open Network is live, upholding\u00a0Pi\u2019s\u00a0core objectives of inclusivity and fairness. Submit your KYC application and complete your Mainnet Checklist\u00a0<\/span>by 8:00 am UTC on March 14, 2025<\/span>, to avoid any forfeiture,\u201d\u00a0the disclosure reads.<\/span><\/p>\n

Waiting for Binance\u2019s Move<\/span><\/h2>\n

The price of PI has recently stabilized at around $1.80, but it may soon experience a new bout of turbulence. One factor that can trigger substantial volatility is Binance\u2019s decision to list the token on its platform.<\/span><\/p>\n

Last month, the world\u2019s biggest crypto exchange <\/span>held a community vote<\/span><\/a> to determine whether its users would want to see the token available for trading. The results became official on February 27, with over 86% of the voters clicking the \u201cyes\u201d option.\u00a0Despite the overwhelming support, Binance has remained silent\u00a0on the matter.<\/span><\/p>\n

Such a listing would increase PI\u2019s liquidity and <\/span>boost its accessibility. This, in turn, could spark an upward pressure for<\/span> the valuation.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The post Pi Network (PI) News Recap March 7th<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network launched its Open Network on February 20. A few weeks later, it gained over 4 million followers on X (formerly Twitter). PI\u2019s price may experience volatility if Binance lists the token, as the community overwhelmingly voted in favor of it. The Latest Developments Pi Network has completed some serious achievements over the […]<\/p>\n","protected":false},"author":0,"featured_media":50594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50593"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50593"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/50594"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}