Pi Network path to mainnet launch

Pi Network is expected to launch its mainnet either in 2024 or in 2025. To do that, the developers are working on ensuring that most pioneers have been identified through the KYC process. 

Therefore, the first lesson for Pi Network is that there is a likelihood that the Pi Coin will drop after launch as many pioneers sell. Besides, most of these pioneers have been actively mining the token for over five years.

there is a possibility that the Pi Coin will have a close correlation with Bitcoin and other altcoins. Notcoin token rose to a record high of $0.030 on June 2nd as Bitcoin was rallying to the monthly high of $72,000.

It then started dropping as Bitcoin lost momentum and moved below $55,000 on Friday. Therefore, there is a possibility that the Pi Coin will also have a correlation with Bitcoin and other altcoins in the long run.