Challenges in Pi Network’s Mainnet Launch: : Key Challenges and Insights

Pi Network launched in 2018 with big promises. Despite many users, the mainnet launch is delayed, confusing and disappointing many.

Pi Network has 11.1 million validated users, but only 5.8 million have moved to the mainnet. This is short of the 10 million target, slowing progress.

The mainnet needs users' KYC completed, a strong ecosystem with Pi Coin utility, and good market conditions. These are essential for launch.

Delays have made users like Akshay Dingoriya lose trust. Restoring confidence is crucial for the project's future.

Selling pressure from miners may lower Pi Coin’s price. However, economic factors like interest rate cuts might stabilize or boost its value.

Pi Coin isn’t tradable yet, but Pi IoU tokens are on exchanges. Prices recently dropped to $40 from $120, with signs of a possible rebound.

Pi Network aims to build a strong ecosystem and regain user trust. Success could boost Pi Coin’s value, making it a promising investment.

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