Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,301)
  • Analysis (1,492)
  • Bitcoin (2,073)
  • Blockchain (1,202)
  • DeFi (1,420)
  • Ethereum (1,432)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,463)
  • Press Releases (1)
  • Reddit (724)
  • Regulation (1,364)
  • Security (1,965)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • The Russian Central Bank wishes to allow companies to buy foreign stablescoins
  • Dow Jones slams the victories sequence while the beige book Fed Flags weak growth, increased costs
  • Node AI ($ GPU) launches phase 01 of the GPU aggregator with AWS, Azure, Vast AI and Plus – alongside GPU DAO & Staking 2.0
  • The president of the SEC, Atkins, reaffirms the promise to end ambiguity in cryptographic regulations.
  • The pirates exploit the protocols which are said to be: what is missing?
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Altcoins»BOMBSHELL Network PI: Can furious endless migration users hold?
Altcoins

BOMBSHELL Network PI: Can furious endless migration users hold?

June 3, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
1748943218 cffcbc68 a3ac 4105 a6ac 727be88d7a32 optimized.jpg
Share
Facebook Twitter LinkedIn Pinterest Email



Tensions increase within the PI network community while users report that new migration requirements suddenly appear in their applications, triggering anger and confusion a few weeks before unlocking major token.

The main dishes to remember:

  • PI network users are frustrated by the second migration prompts and unresolved KYC problems.
  • A massive unlocking of 276 million PI tokens in June could add significant sales pressure to the market.
  • Pi Coin remains under down pressure, with support of $ 0.64 in danger and possible lower levels if the feeling worsens.

On X, many users of the PI network have shared screenshots from the updated control list of their application. Even those who had already finished their initial migration were surprised to see new invites to action.

“This PI of a thing is a nonsense. After extraction for years, we have refused access to our room … The main team should rethink the way they manage their so-called Pi community,” wrote the user @ bfrancis_12 on X.

This Pi of a thing is a nonsense. After the mining for years, we have denied access to our medal and some minors demand their mined pieces the second time. This unacceptable, the main team should have a rensation of how it manages its so-called PI community. I am very disappointed!

– bfrancis (@ bfrancis_12) June 3, 2025

PI network users complain about the second migration

Some users have complained that the second migration occurs because they remain trapped in the unrepected KYC states, unable to migrate their sales despite all the previous stages.

“I am not yet migrated why do you rush for 2nd migration?” An X user wrote, while others have complained about KYC pending.

I’m still stacked pic.twitter.com/xlmh9yangc

– Gemechis Demelash (@ gemechisdemela2) June 2, 2025

A popular report of the parody of the founder of the PI network, Dr. Nicolas Kokkalis, fueled speculation with a viral position declaring: “The 2nd migration of the PI network has started!”

The message, which quickly gained ground, urged users to prepare for Mainnet by performing several steps: submit KYC verification, finalize their control list (including portfolio and locking parameters) and APP approval for the Mainnet.

The message stated that the realization of these steps would allow users to unlock the usefulness of the real world for their PI parts, including the purchase of goods and services, access to decentralized applications (DAPP) powered by PI and participation in a broader web3 innovation.

However, the Pi Core team has not yet confirmed any new migration phase via the verified channels.

All this occurs while the PI network is preparing to unlock 276 million PI tokens in June, a supply event worth around $ 176 million, according to Piscan data.

With low trading volumes and fragile feeling, this unlocking could seriously test market resilience.

Pi coin stay under pressure while the bears dominate

Pi coin continues to be negotiated under pressure, oscillating around the $ 0.64 bar.

The 30 -minute graph shows a prolonged downward trend compared to the peaks of May 12, with prices consolidating near the Bollinger band less than $ 0.6410. RSI (14) to 40.27 signals a low purchase momentum, while MacD remains flat, indicating indecision.

Zooming on the 5 -minute board, Pi faces a similar image. RSI fell to 29.00, which occurs, which suggests that short -term sellers dominate.

MacD is also negative fashion, without divergence increased in sight. The absence of volumes also increases the discoloration of interest.

On the one -minute graphic, PI tested intrajournable stockings of $ 0.6405, while RSI briefly plunged at 30.90 before a slight rebound. However, lower ups and lower stockings persist, keeping the short -term lower bias.

With the unlocking of 276 million pi massive tokens this month, the lower risks remain high.

If $ 0.64 decisively breaks, the following support is at $ 0.60, psychological level of $ 0.40. To return the story, the bulls should recover the area from $ 0.65 to $ 0.66 with a strong volume.

Can the Pi-end users of the PI network without endless migration, the PI price? appeared first on Cryptonews.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe Taco chattering of Trump pumps the best altcoins: Haussiers hidden signals
Next Article Ethereum to pump 10x in 2026, by baldère. Here are the best ERC-20 tokens to buy now

Related Posts

Altcoins

The Russian Central Bank wishes to allow companies to buy foreign stablescoins

June 5, 2025
Altcoins

Retail fomo’d, pump.Fun profit: Where did the Altcoin season go?

June 4, 2025
Altcoins

Stablecoin transmitter circulating $ 7,200,000,000 evaluation in the next IPO

June 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

The Russian Central Bank wishes to allow companies to buy foreign stablescoins

June 5, 2025

Retail fomo’d, pump.Fun profit: Where did the Altcoin season go?

June 4, 2025

Stablecoin transmitter circulating $ 7,200,000,000 evaluation in the next IPO

June 4, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,969.12
ethereum
Ethereum (ETH) $ 2,614.89
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.21
bnb
BNB (BNB) $ 666.54
solana
Solana (SOL) $ 153.70
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.189006
tron
TRON (TRX) $ 0.272794
cardano
Cardano (ADA) $ 0.671963