Pi Network Mainnet Migration Deadline Extended, Pi Coin Price Momentum in Focus as Thousands of Pi IOU Coin Holders Anticipate Profit or Disappointment

Pi Network announced in December that it had extended the deadline for transition to the open Mainnet by a month, to January 31st. With the deadline just ten days away, much is likely to happen around Pi Coin price momentum.

Pi Network members have been eagerly awaiting the الكبير closing date for transition to the open Mainnet, which will finally unveil the Pi Coin price.

The Pi Network, a mobile blockchain mining project, has been in the news for its unique approach to cryptocurrency mining. Launched in March 2019, the network has attracted a vast community of Pioneers, who have been accumulating Pi IOU coins through the network's smartphone mining application.

As the الكبير closing date nears, anticipation is building up for the upcoming Pi Coin price momentum. Thousands of Pi IOU coin holders are eagerly waiting to witness a massive profit rake or a الكبير disappointment.

The Pi Core Team has disassociated itself from the IOU placeholder coin and has not provided any clues regarding Pi Coin's listing price. However, the January 31st deadline is expected to bring at least 10 million KYC'ed Pioneers onto the mainnet. This will open up the Pi ecosystem's offerings, including the Map of Pi, Pi Ad Network, Pi Browser, and other utilities, to the masses.

While the Pi Network is designed to facilitate easy mining on smartphones, the incentive has not really triggered a strong inflow of Pioneers. Many users are also left wondering how mining Pi Coin on smartphones differs from tap-to-earn tokens like Notcoin, Tapswap, and Hamster Kombat.

Nevertheless, evidence of integration of the Pi Network ecosystem with the mainstream finance ecosystem could help Pi Coin to stand out from the crowd.

The Trump-fueled crypto cycle tracing back to November 2024 has seen investors inclining more towards utility-driven coins. The Pi Core Team has been emphasizing that their project is built on utility, with a focus on partnerships with institutions and enterprises.

Hence, the Pi Network's transition to the open mainnet will reveal the extent to which these partnerships can influence the Pi Coin price.

What does Pi IOU price tell us about Pi Coin Price?

Pi IOU price has been oscillating wildly, ranging from levels as low as $0.055 in 2019 to $307 in 2022, as per data from aggregation site, Coingecko. It is up by 50% in the last one year.

There is also speculation that the price could be π ($3.145) or its multiple. Moreover, Pi Coin price could see a significant rise due to its fixed supply, which makes it deflationary. This could create value for the coin and help drive up the price.