Token

Usual

<ul class="wp-block-list">
 <li>Pi network announced Grace Period extension to Feb 28, making the community impatient.&nbsp;</li>
 <li>Pi token price surged by over 2% today amidst extreme price fluctuations.&nbsp;</li>
</ul>
Pi network is one of those widely adopted crypto projects with its simple <a href="https://thenewscrypto.com/crypto-mining-made-easy-for-everyone/" target="_blank" rel="noopener noreferrer nofollow">mining</a> process through mobile application. However, its community is growing impatient as the project extends its Grace Period deadline. Meanwhile, the Pi token is facing extreme price fluctuations from the past month.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfMobqFuzy1SQTiQKQF4Nc0m31pIqiTvEdljktw-NoL3P23A47nyejWprqz6hOoKosnyCYbPotwTZ01lf9d5OHcDJYvlfUfBRKkrVsviX6IflN3JxXl-TIomhca8a7Tqr3BmkBcSA?key=zP5YiRkPJ4o4z0Qc7c6cZhJW" alt="">
 <figcaption class="wp-element-caption">
 Pi Token Price (Source: <a href="https://coinmarketcap.com/currencies/pinetwork/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)
 </figcaption>
 </figure>
</div>
The native Pi token is currently trading at around $44, with around $3 billion market cap. It witnessed daily, weekly, and monthly price changes of +2%, -4%, and -10% respectively. The token is facing extreme price volatility, particularly in the last 24 hours, with a 24-hour high of $49.78 and 24-hour low of $43.6.&nbsp;
<h3 class="wp-block-heading" id="h-pi-network-extends-grace-period-deadline-to-feb-28">Pi Network Extends Grace Period Deadline to Feb 28</h3>
The Pi community long-awaited for the completion of Pi Network Grace Period. However, the project announced its extension to Feb 28, 2025 recently. This caused speculation across social channels as the community grew impatient over the extension.&nbsp;
Pi Network clarified that the <a href="https://minepi.com/blog/grace-period-extension-feb-28/" target="_blank" rel="noopener noreferrer nofollow">Grace Period extension</a> is to allow more Pioneers to complete their KYC and migration to mainnet. They are giving an additional month to more Pi holders to complete the Mainnet checklist. Thus, all the community members who mined Pi tokens need to complete KYC to avoid the risk of losing their tokens.&nbsp;
The project also mentioned that the Grace Period Rules remain unchanged. And, this extension doesn’t affect its mainnet Open Network launch in Q1 2025. The earlier deadline for Grace period was Jan 31, 2025, which is why the community was expecting it to complete today.&nbsp;
Amidst the increasing discussions around the extension announcement, the Pi token price is swinging wildly. However, a notable raise of 50% in its 24-hour trading volume is showing positive signs for the future price movement.&nbsp;
Highlighted Crypto News Today:&nbsp;
<a href="https://thenewscrypto.com/can-usual-protocol-usual-sustain-its-15-weekly-price-surge/" target="_blank" rel="noopener noreferrer nofollow">Can Usual Protocol (USUAL) Sustain its 15% Weekly Price Surge?</a>

Pi Network Price Fluctuates as Community Questions Grace Period Extension

Table of Contents

TheNewsCrypto

Other articles published on Jan 31, 2025

MANTRA (OM) Price Pumps 50% After $1B Tokenization Deal

Circle Launches USDC on Aptos Crypto: APT Finally Rebounds

FTX Founder’s Parents Seek Trump’s Pardon Following Ross Ulbricht’s Release

Crypto Whales Are Dumping DOGE & SHIB – Here’s the Coin They’re Buying for 2025!

The Fed keeps interest rates at 4.25%-4.50%, boosting Bitcoin

FX Guys vs Shiba Inu vs Pepe: Which Token Will Reach $1 First in 2025?

Join our free newsletter for daily crypto updates!