The KYC deadline for Pi Network has raised concerns, with unverified users facing the risk of losing their mined tokens. As of March 11, 2025, the price of PI has dropped to 1.38 USD, reflecting a significant decrease since its peak of 2.99 USD.

The negative market sentiment has led traders to consider alternative cryptocurrencies. With increasing uncertainty regarding the KYC process, many are hesitant to invest in PI, prompting exploration of more stable options.