Will Pi Network (PI) Indeed Launch on Mainnet During This Bull Cycle?

TL:DR;

• Though it was launched as a mission over 2,000 days in the past, Pi Community’s mainnet and native token have but to see the sunshine of day formally.
• May that lastly change in the course of the ongoing bull cycle? Perplexity weighs in.

On September 4, the mission celebrated 2,000 since its official launch, which happened on March 14, 2019. Since then, it has amassed over 15 million clients who’ve accomplished the required KYC verification.

Nonetheless, the precise mainnet of the mission, which guarantees to permit individuals to mine crypto straight from their smartphones and alter the complexion of the Web, is but to be launched to the general public.

Furthermore, the staff lately announced one other extension for customers to submit KYC functions from November till December 31, 2024. That is the second such extension, because the deadline was initially set for September.

The present deadline coincides with the official mainnet and token launch date. Though the staff continues to reassure that each will certainly launch on the final day of 2024, the neighborhood’s doubts have gone via the roof.

As such, we determined to ask the favored AI chatbot – Perplexity, about its views on whether or not Pi Community’s mainnet will certainly see the day of sunshine on December 31 and even in the course of the ongoing bull cycle.

It answered that the extra favorable market circumstances ought to undoubtedly incentivize the staff to comply with via with the promised launch, as they’ll profit from the general panorama.

“The broader cryptocurrency market circumstances play an important position in figuring out the timing of the mainnet launch. A bullish market can improve consumer curiosity and funding within the Pi Community, whereas a bearish market might result in hesitance amongst potential customers and traders,” – mentioned the chatbot.

Though it has not formally launched, the PI token has surged in worth to $50, and Perplexity predicted that it might go as excessive as $100 even earlier than its public launch.