{"id":12184,"date":"2024-11-29T08:02:44","date_gmt":"2024-11-29T08:02:44","guid":{"rendered":"https:\/\/cryptd.in\/recent-pi-network-pi-updates-cardano-ada-price-targets-and-more-bits-recap-nov-29\/"},"modified":"2024-11-29T08:02:44","modified_gmt":"2024-11-29T08:02:44","slug":"recent-pi-network-pi-updates-cardano-ada-price-targets-and-more-bits-recap-nov-29","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/recent-pi-network-pi-updates-cardano-ada-price-targets-and-more-bits-recap-nov-29\/","title":{"rendered":"Recent Pi Network (PI) Updates, Cardano (ADA) Price Targets, and More: Bits Recap Nov 29"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Pi Network extended its KYC submission deadline to December 31, 2024, raising skepticism due to ongoing delays and broken promises.<\/li>\n<li>Cardano\u2019s ADA soared 190% monthly, with bullish predictions suggesting potential highs of $5 to $10 this cycle.<\/li>\n<li>Ethereum (ETH) hit a six-month high of $3,700, driven by rising ETF inflows, with 88% of holders currently in profit.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/Recap_CB-23.jpg\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"alignnone size-full wp-image-372750\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/Recap_CB-23.jpg\" alt=\"\" width=\"1201\" height=\"720\" \/><\/a><\/span><\/h2>\n<h2>The Latest Pi Network News<\/h2>\n<p><span data-preserver-spaces=\"true\">The controversial cryptocurrency project Pi Network (whose goal is to allow people to mine digital assets from their smartphones) remains a hot topic in <\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\"> crypto <\/span><span data-preserver-spaces=\"true\">space<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Despite being around for over five years, it has yet to launch its native token and mainnet. <\/span><span data-preserver-spaces=\"true\">The constant delays and lack of clarity have triggered frustration across the community, with some members <\/span><span data-preserver-spaces=\"true\">doubting<\/span><span data-preserver-spaces=\"true\"> the project\u2019s legitimacy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this year, Pi Network\u2019s team maintained that <\/span><span data-preserver-spaces=\"true\">hlavn\u00ed<\/span><span data-preserver-spaces=\"true\"> developments <\/span><span data-preserver-spaces=\"true\">will<\/span><span data-preserver-spaces=\"true\"> occur once all users had passed Know-Your-Customer (KYC) procedures. Initially, they had until late September to do so, but later, <\/span><span data-preserver-spaces=\"true\">the period was extended<\/span><span data-preserver-spaces=\"true\"> to November 30.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Most recently, the developers <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/major-pi-network-pi-update-affecting-all-users-details\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">moved<\/span><\/a><span data-preserver-spaces=\"true\"> the deadline to submit KYC applications (known as \u201cthe first Grace Period\u201d) to December 31.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cThe final Grace Period deadline has not changed and is still December 31, 2024. This extension ensures all Pioneers have ample opportunity to secure their Pi while maintaining the overall timeframe of 6-month Grace Period unchanged. Submit your KYC application and complete your Mainnet Checklist by December 31, 2024, to avoid any forfeiture. Take action now \u2013 don\u2019t wait,\u201d the announcement reads.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">We have yet to see if this will be the final extension or yet another broken promise by the team.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">ADA Price Predictions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Cardano\u2019s ADA has taken center stage <\/span><span data-preserver-spaces=\"true\">lately<\/span> <span data-preserver-spaces=\"true\">due to its rapid price increase<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> It currently trades at around $1.06 (per CoinGecko\u2019s data), representing a whopping 190% spike on a monthly scale.<br \/>\n<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-372748\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ADA-Price-7.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-372748\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ADA-Price-7.png\" alt=\"ADA Price\" width=\"573\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">ADA Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Multiple analysts <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/cardano-whales-on-the-move-is-the-ada-price-gearing-up-for-a-further-rally\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">believe<\/span><\/a><span data-preserver-spaces=\"true\"> the rally has just started. The popular content creator Jake Gagain promised to delete his X account if ADA doesn\u2019t hit $5 this bull cycle, while Dan Gambardello claimed the price could skyrocket to as high as $10 once clearing the $1 resistance.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Cardano whales have been on the move lately, suggesting further upward pressure on the valuation. X user Ali Martinez claimed that large investors purchased over 130 million tokens during the latest dip.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How\u2019s ETH Doing?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Last but not least<\/span><span data-preserver-spaces=\"true\">, we will touch upon Ethereum (ETH), which has finally started catching up with the market\u2019s frontrunners. Earlier this week, it pumped to a six-month high of almost $3,700, while currently it stands at approximately $3,570. ETH\u2019s revival comes <\/span><span data-preserver-spaces=\"true\">on the back of<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ethereum-hits-6-month-high-near-3700-as-etfs-drive-momentum\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">increased<\/span><\/a><span data-preserver-spaces=\"true\"> spot Ether ETF inflows in the United States.<br \/>\n<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-372749\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ETH-Pricee-2.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-372749\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ETH-Pricee-2.png\" alt=\"ETH Price\" width=\"576\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">ETH Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The price resurgence benefited the asset\u2019s investors. At one point yesterday (November 28), over 90% of all ETH holders were sitting at some paper profits, the highest level observed since June. As of writing these lines, the percentage <\/span><span data-preserver-spaces=\"true\">is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/app.intotheblock.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">set<\/span><\/a><span data-preserver-spaces=\"true\"> at around 88%.\u00a0<\/span><\/p>\n<p>P\u0159\u00edsp\u011bvek <a href=\"https:\/\/cryptopotato.com\/recent-pi-network-pi-updates-cardano-ada-price-targets-and-more-bits-recap-nov-29\/\" rel=\"nofollow\">Recent Pi Network (PI) Updates, Cardano (ADA) Price Targets, and More: Bits Recap Nov 29<\/a> se objevil jako prvn\u00ed na <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Pi Network extended its KYC submission deadline to December 31, 2024, raising skepticism due to ongoing delays and broken promises. Cardano\u2019s ADA soared 190% monthly, with bullish predictions suggesting potential highs of $5 to $10 this cycle. Ethereum (ETH) hit a six-month high of $3,700, driven by rising ETF inflows, with 88% of holders [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recent Pi Network (PI) Updates, Cardano (ADA) Price Targets, and More: Bits Recap Nov 29 - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/recent-pi-network-pi-updates-cardano-ada-price-targets-and-more-bits-recap-nov-29\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recent Pi Network (PI) Updates, Cardano (ADA) Price Targets, and More: Bits Recap Nov 29 - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR Pi Network extended its KYC submission deadline to December 31, 2024, raising skepticism due to ongoing delays and broken promises. 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