Pi Network, once hailed as a revolutionary crypto project, is now facing severe backlash from its user community. The network, which gained massive popularity through mobile mining, is now under scrutiny as Pioneers (Pi users) struggle to migrate their mined coins to the Mainnet. With the final migration deadline of March 14, 8:00 AM UTC, tensions are rising as technical glitches and unresponsive support continue to plague the process.
Mainnet Migration: A Growing Challenge for Pi Users
As the migration deadline approaches, many users are finding it difficult to complete their Know Your Customer (KYC) verification and transfer their Pi balances. The network had introduced a grace period to allow more time, but technical barriers continue to hinder the process.
Users report that:
- Their balances remain unverified, even after successfully completing the KYC process.
- Mainnet checklist tasks are marked complete, but coin transfer is still pending.
- Support tickets are left unanswered, leaving users confused and frustrated.
If users fail to complete migration by the deadline, they risk losing access to most of their Pi holdings — retaining only the coins mined in the last six months.
Common Issues Reported by Users:
| Issue | Description |
|---|---|
| KYC Pending | Identity verified but not reflecting on the system |
| Balance Not Transferred | Wallet not syncing despite checklist completion |
| Lack of Support | No response to submitted tickets or queries |
Experts Call for Deadline Extension
Crypto analysts and influencers have taken to social media, voicing concerns and urging the Pi Network team to extend the deadline until all technical issues are resolved. Users demand more transparency and faster support to ensure a smooth migration process.
Some analysts suggest that without immediate action, the project could lose its credibility. Many now view Pi Network as overhyped and fear it may fail to deliver on its original promises.
Pi Coin Price Drops Sharply Amid Uncertainty
Adding to the frustration, Pi Coin’s market performance has deteriorated significantly:
- The price has dropped 16.3% this week, currently trading at $1.40.
- Within the last 24 hours alone, it saw a 12.2% decline.
- Key support level at $1.43 was broken, confirming a bearish trend.
- The 50-day EMA ($1.74) has now become a strong resistance.
If the downward trend continues, Pi Coin could test new lows at $1.20 or even $0.99. Analysts say that to reverse this trend, Pi must regain momentum and cross the $1.74 resistance level.
Market Overview:
| Metric | Value |
|---|---|
| Current Price | $1.40 |
| Weekly Decline | 16.3% |
| 24-Hour Decline | 12.2% |
| Key Resistance | $1.74 (50-day EMA) |
| Next Support Levels | $1.20 & $0.99 |
Is Pi Network Losing Its Shine?
The ongoing migration troubles, poor support response, and falling coin price have shaken user confidence in the Pi Network. While some still remain hopeful about a potential bounce on Pi Day (March 14), the overall sentiment is cautious.
Unless the team resolves technical issues and provides transparent communication, Pi Network may struggle to maintain user trust and market relevance.
The concept of mining Pi on a mobile device once seemed revolutionary. But with increasing user dissatisfaction, Pi Network must act quickly to restore trust. Until then, both investors and Pioneers are left waiting — hoping for a smooth migration and a brighter future for the Pi ecosystem.
