Pi Network IoU price staged a strong rebound, soaring to $91**—its highest level since October 26—as investors anticipated the upcoming mainnet launch. The token traded at **$75 on Monday, marking a 145% increase from its July low. With the KYC verification grace period ending soon, Pi Coin remains in focus this week.
Key Factors Driving Pi Network’s Rally
November 30 KYC Deadline
The Pi coin price surged ahead of the November 30 deadline, when the KYC verification grace period concludes. This milestone brings the project closer to its mainnet launch, expected in December.
- KYC Importance: Ensures Pioneer authenticity, reducing bot activity.
- Claiming Pi Coins: Pioneers must complete KYC to access accumulated tokens.
Remaining Steps Before Mainnet Launch
- Active Ecosystem: Developers seek more utility-driven apps (currently 30+ in the ecosystem).
- Favorable Market Conditions: Rising crypto prices and improved US regulations signal readiness.
👉 Discover how Pi Network’s mainnet could reshape crypto
Post-Mainnet Price Predictions
Potential Scenarios
- Short-Term Rise: Anticipation may push prices toward the year-to-date high of $122 (67% above current levels).
- Long-Term Drop: Historical trends suggest "earn-to-own" tokens (e.g., Hamster Kombat, Axie Infinity) often decline post-launch due to sell-offs.
Challenges Ahead
- Exchange Listings: Unclear which major platforms (e.g., Binance, OKX) will support Pi Coin initially.
- Utility Concerns: Without sustained demand, Pi Coin could follow other play-to-earn tokens’ downturns.
FAQ
Q: Is Pi Network IoU affiliated with the official project?
A: No. It’s an independent token launched in 2022 during Pi Network’s extended enclosed mainnet phase.
Q: What happens if I miss the KYC deadline?
A: Pioneers risk losing access to accumulated Pi Coin rewards.
Q: Will Pi Coin’s price stabilize post-mainnet?
A: Market dynamics—utility adoption and exchange support—will determine its long-term value.
👉 Explore Pi Network’s roadmap for 2025
Note: This analysis excludes speculative or promotional content, adhering to SEO best practices for clarity and reader engagement.
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