KYC Deadline Announcement: Pi Network announced the extension of the KYC deadline to December 31, 2024. Many in the community are skeptical about the project’s development due to previous delays impacting user confidence.

Cardano’s Surge: Cardano (ADA) recorded a 190% increase this month and is currently around 1.06 USD. Analysts predict it could reach between 5 USD and 10 USD soon due to strong growth in demand.

General Market Situation: Ethereum (ETH) has also seen a recovery, recently hitting a 6-month high of around 3,700 USD, currently priced at about 3,570 USD. This indicates the cryptocurrency market is beginning to show positive signs.