Pi Network Faces Backlash as Users Struggle to Migrate to the Mainnet Ahead of March 14 Deadline

Pi Network, which became a viral sensation, suddenly saw a massive backlash from the community, where people are calling it another overhyped project.

Pi Network, the crypto project that went viral and boasted millions of users, is now facing a massive backlash online.

As the March 14 deadline for transferring Pi Coins (PI) from the Testnet to the Mainnet approaches, users are growing increasingly frustrated with technical issues and a lack of response from the project team.

The network had set 8:00 AM UTC as the cutoff for completing Know Your Customer (KYC) verification and migrating. Failure to do so by the deadline will result in users losing most of their Pi holdings, except for coins mined in the past six months.

To mitigate this, the network introduced a Grace Period to give users more time to sort out any technical difficulties they may be facing. However, despite the extension, several users continue to encounter issues that are preventing them from transferring their balances.

After several crypto analysts took to social media to highlight the users’ frustration and demand another extension until all technical glitches are fixed, let’s take a look at what went down.

Pi Coin Users Slam Network Over Technical Issues

The crypto project has seen better days, to say the least.

As migration issues continue to plague the network, Pi Coin has suffered a sharp decline, dropping 16.3% this week to reach $1.40. In the past 24 hours alone, it has seen a 12.2% decline.

Despite this downturn, some analysts remain optimistic, pointing to the upcoming Pi Day on March 14 as a potential catalyst for a price rebound.

Adding to the pressure, Pi broke below key support at $1.43, confirming a bearish trend, with the 50-day EMA at $1.74 now acting as a major resistance. If the downtrend continues, Pi could test support at $1.20 or even $0.99. To reverse momentum, it must reclaim $1.74.

With ongoing market volatility and no confirmation from Binance, investors are still cautious about Pi’s short-term outlook.

Meanwhile, the long-anticipated Binance listing remains uncertain. Although the Pi community overwhelmingly voted—86% in favor—for the exchange to list Pi, Binance has yet to make an official announcement.

This lack of clarity has fueled frustration among Pioneers, many of whom have taken to review platforms to express their dissatisfaction. Both Binance and Bybit have seen a flood of one-star ratings from angry users, with Bybit’s CEO previously labeling Pi Network a scam.

As the deadline approaches and no resolution is in sight, Pi Network is facing mounting pressure to address users’ concerns before confidence in the project takes a deeper hit.