Pi Network Updates, Shiba Inu (SHIB) Developments, and More: Bits Recap Dec 27
The post Pi Network Updates, Shiba Inu (SHIB) Developments, and More: Bits Recap Dec 27 appeared on BitcoinEthereumNews.com.
TL;DR The Pi Network’s Open Network launch is delayed again to January 31, 2025, disappointing users awaiting progress. Shiba Inu’s “SHIB: The Metaverse” expands its ecosystem, offering virtual real estate trading and global connectivity. Bitcoin (BTC) fell 12% from its $108,000 peak amid possible Federal Reserve policy shifts. Delays After Delays Pi Network – the controversial cryptocurrency project that claims to allow people to mine digital assets from their smartphones – continues to raise eyebrows across its community. It was launched more than five years ago, but the open mainnet and native token have yet to be introduced. Earlier this year, the team said the first huge target is the release of the Open Network. They also stated this could become possible once users pass necessary Know-Your-Customer (KYC) verifications and migrate to the mainnet (known as the Grace Period). The initial deadline for that was September 30, while later, it was moved a few more times to December 31. Most recently, the Pi Network team announced another extension to January 31: “We’re extending both KYC and Mainnet Migration Grace Period deadlines to January 31, 2025, to help include more Pioneers and their Pi as we prepare for Open Network in Q1 2025.” Somewhat expectedly, this was not accepted well by some members of the community who have been waiting for serious developments for years. “It has been your trend of doing things. We’re not surprised. You have always lied. Those dates are not even real: delay, delay, delay, until project dies,” one frustrated user said. Shiba Inu’s Latest Project The popular meme coin recently launched a virtual world called “SHIB: The Metaverse.” The project, described as “groundbreaking” by Shibarium’s Marketing lead LUCIE, enables users to own, trade, and develop virtual real estate recorded on the blockchain. Additionally, people can build their…
Filed under: News - @ December 27, 2024 8:22 am