Pi Network Mainnet Launch : When will Pi Network’s mainnet go live?
Pi Network Mainnet Launch: When will the mainnet of Pi Network be launched? Know the latest update
Pi Network is a popular name in the world of cryptocurrency , which has attracted the attention of millions of people since its inception. Especially its easy mining process and mobile-friendly model have made it popular among investors of all classes. But the biggest question is – when will the mainnet launch of Pi Network take place?
Current Status of Pi Network
Pi Network is currently in the “Enclosed Mainnet” phase. This means you can mine Pi tokens and use its features within the app, but it cannot be traded on an external exchange.
Recently, Pi Network has updated the grace period algorithm to provide a better user experience. It focuses on solving problems where users get stuck. However, this update has not provided any clarity on the mainnet launch date.
Why is mainnet launch important?
The mainnet launch means that the Pi Network’s blockchain will become fully active and independent.
- Open Trading: Pi tokens will be able to be traded on exchanges along with other crypto and fiat currencies.
- Actual Value: The actual market value of the Pi token will be revealed.
- Practical use: The token will be used in payments and other blockchain applications.
When will the mainnet of Pi Network launch?
So far, Pi Network has not announced a specific date for the mainnet launch. It is estimated that it could be launched in late 2024 or early 2025.
The current migration process is slow, with users’ transfer balances taking time to be moved to the mainnet.
Grace Period and Migration Challenges
- Users are placed in an automatic migration queue.
- After the transfer, there is a pending period of 14 days in which the funds are unlocked.
- Users who have selected a longer lockup period may take longer to access funds.
Pi Network’s 2,000th day and users’ expectations
Launched on March 14, 2019, Pi Network recently celebrated its 2,000th day. This was a major milestone, but it was not accompanied by any concrete announcement. After this symbolic event by
the Pi team , frustration is growing among users, as they await the exact date of the mainnet launch.
Pi Coin’s current status and future
Pi Coin is not yet available for direct trade on exchanges, but it is trading between $32 and $36 as a Pi USDT IOU pair.
What do the technical indicators say?
- RSI (Relative Strength Index): The RSI score of Pi token is stable at 43.78, which indicates that the market is neither bullish nor bearish at the moment.
- If there are downsides, the price could drop to $32.
- In case of an uptrend, it can move towards the $36 resistance level.
Future Prospects: The Journey of Pi Network
The Pi Network team has not yet fully launched its blockchain.
- Will the launch happen on time? That’s still the biggest question.
- Will this project be able to fulfill its promises? Users are keeping an eye on this.
- Real use: To make Pi Network practically useful, the team needs to launch the blockchain and provide clear direction to users.
Advice for investors
If you are part of or thinking of investing in Pi Network:
- Keep an eye on the latest network information and roadmap.
- Continue your mining process, but be cautious before making any investment decisions.
- Do not send Pi tokens for external trading until mainnet is launched.
| Subject | Information |
|---|---|
| present situation | Pi Network is in the “Enclosed Mainnet” stage, where tokens cannot be traded on external exchanges. |
| Mainnet Launch Importance | Open trading, real pricing, and use in blockchain applications. |
| Mainnet launch date | No confirmed date yet, estimate late 2024 or early 2025. |
| Grace Period Challenges | Automatic migrations, 14-day pending period, and limited access to locked up funds. |
| 2,000th day | Pi Network launched on March 14, 2019, but there is no concrete announcement even on the 2,000th day. |
| Pi Coin Status | The Pi USDT IOU pair is trading between $32-$36. |
| Technical Indicators | RSI 43.78 (Bullish), the price could drop to $32 or rise to $36. |
| future possibility | Launch date unclear, but project has potential to change the crypto world. |
| Advice for investors | Keep mining, keep an eye on updates, and make cautious investment decisions ahead of the mainnet launch. |
conclusion
The mainnet launch of Pi Network is the center of expectations for millions of users. Although the team has not announced any concrete date so far, the project can bring a big change in the world of cryptocurrency in the future.
Pi Network followers need to be patient and wait for the opportunities that come with the mainnet launch. Will Pi Network fulfill its promises? This will be known in the coming time.
