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Pi Network is facing heightened scrutiny as the value of the PI coin continues to decline, even as mainnet migration efforts are reignited; analysts are considering the coin’s future in light of the rapid ascent of WallitIQ.
At present, the Pi Network is under intense examination as the PI coin experiences a significant drop. In the midst of various uncertainties within its ecosystem and setbacks in exchange listings, the Pi Network has resumed its mainnet migration following a short hiatus.
As a result, crypto analysts are eager to determine whether this renewed focus will bring tangible value to the PI coin or if it will be overshadowed by WallitIQ (WLTQ), a rapidly emerging AI asset making waves in the crypto-AI landscape. This innovative AI asset is already garnering substantial institutional support following an impressive beta platform launch.
Pi Network restarts mainnet migration: Is there potential for genuine value?
Pi Network has announced the restart of its mainnet migration process along with updates on a new account verification technology. However, many holders of the PI coin have begun selling off their assets, and experts are now assessing whether this resumption will yield any real value for the coin.
The latest blog update from Pi Network hints at encouraging news that could potentially lift the token out of its current slump. Developers have noted that the transition to an email verification system was made to address issues with the reliability and expense of the phone number verification system.
The Pi Network team is moving forward with mainnet migration using an email-based 2FA verification, which is expected to eventually accommodate advanced authentication methods like passkeys and biometric verification — a crucial step towards enhancing the overall security of the Pi Network.
On a positive note, the ecosystem has resumed its mainnet migration with the newly implemented email-based 2FA system, and questions surrounding the trustworthiness of the Pi Core team seem likely to be resolved. Technical analysis from TradingView indicates that the PI coin has formed a “falling broadening wedge,” suggesting a potential breakout towards $1.10.
Currently, the indicators appear encouraging, yet it remains to be seen whether these advancements will actually unlock meaningful value for the PI coin.
WallitIQ’s AI wallet adoption — advancing at a pace that leaves Pi Network trailing
In contrast to Pi Network’s mainnet migration process, WallitIQ has successfully introduced an AI crypto wallet that features intelligent biometric authentication. This wallet utilizes unique biological characteristics for identity verification, gaining substantial traction among major market players such as Wintermute and GSR Markets.
The biometric authentication process of WallitIQ integrates seamlessly with the wallet’s architecture. When users set up their wallets, they can opt to enable biometric authentication, enhancing security through fingerprint scanning and facial recognition.
This security measure complements a custom AI-Einstein escrow connection model that safeguards against wallet intrusions and portfolio hacking via a sophisticated dApp connection method. This model is being adopted by emerging AI-crypto ecosystems.
The WallitIQ ecosystem, which has undergone SolidProof auditing, leverages the latest market innovations in AI to introduce a native push protocol for real-time alerts regarding on-chain activity. Any actions within individual wallets or smart contracts will trigger push protocol notifications, delivering dApp alerts to users’ wallets in a gasless, cross-chain way.
Recently, WallitIQ unveiled its beta platform, showcasing user-friendly AI features that received an enthusiastic response from major market makers and whale investors, all eager to support its ongoing presale.
WallitIQ is revolutionizing the AI-crypto sector with its advanced AI algorithms, positioning itself ahead of Pi Network, which continues to lag in terms of biometric innovations. The WallitIQ community offers one of the most rewarding opportunities for participants, boasting an impressive 180% APY staking yield alongside various XP reward programs.
Moreover, purchasers of presale tokens gain exclusive access to premium wallet functionalities and the chance to engage in ecosystem governance through a custom DAO. As a result, astute investors are quickly seizing the opportunity to acquire WallitIQ at its entry-level price of $0.0420.
WallitIQ set to surpass Pi Network as institutional adoption highlights remarkable AI breakthroughs
Major institutional players in crypto are backing the WallitIQ ecosystem and its AI advancements, while Pi Network’s mainnet migration struggles to keep pace with its biometric technology.
At a presale price of $0.0420 per token, institutional investors are seizing the opportunity to increase their holdings before the AI market surges. This is a chance to secure a transformative stake in the ecosystem before it creates a wave of new crypto millionaires.
For additional information on WallitIQ, visit the website, Telegram, and Twitter.
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