The latest updates of Pi Network (PI), price target of Cardano (ADA), etc.

⚡️Pi Network has extended its KYC submission deadline to December 31, 2024, but due to continued delays and broken promises, it has raised suspicions among people.
⚡️ADA's monthly surge of 190% for Cardano, bullish predictions suggest a potential peak of $5 to $10 in this cycle.
⚡️Driven by increased ETF inflows, Ethereum (ETH) hit a six-month high of $3,700, with 88% of holders currently in a profitable state.

Controversial Crypto Assets project Pi Network (which aims to allow people to mine digital assets through smartphones) is still a hot topic in the encryption field. Despite being around for over five years, it has yet to launch its native Token and Mainnet. The ongoing delays and lack of clarity have caused frustration throughout the community, with some members questioning the legitimacy of the project.

Earlier this year, the Pi Network team insisted that significant progress would be made once all users have completed the Know Your Customer (KYC) process. Initially, they had to complete this process by the end of September, but later the deadline was extended to November 30th.
Recently, the developer moved the deadline for submitting KYC applications (referred to as the "first grace period") to December 31.

☔️"The final deadline for the grace period has not changed and remains December 31, 2024. This extension ensures that all pioneers have ample opportunity to secure their Pi while keeping the overall time frame of the 6-month grace period unchanged. Please submit your KYC application and complete your Mainnet listing before December 31, 2024 to avoid any confiscation. Take action now - don't wait," the announcement said.
We have yet to see whether this is the final extension or if the team is once again breaking their promise.

⚡️ADA Price Prediction
Cardano's ADA has recently been widely followed due to its rapid pump in price. Currently, its trading price is around $1.06 (according to CoinGecko's data), with a monthly increase of up to 190%.
Multiple analysts believe that the bull run is just getting started. Popular content creator Jake Gagain has promised that if ADA fails to reach $5 in this Bull Market, he will delete his own X account, while Dan Gambardello claims that once it breaks the $1 resistance level, the price could soar to $10.

🐳Meanwhile, Cardano whale has been active recently, which means valuation faces further upward pressure. X user Ali Martinez claimed that large investors bought over 130 million Tokens during the recent decline. How is ETH performing?
Last but not least, we will discuss Ethereum (ETH), which has finally caught up with the market leader. Earlier this week, it surged to a six-month high of nearly $3,700, and is currently around $3,570. ETH's recovery has been fueled by increased inflows into the US SpotETHcoin ETF.

The price rebound benefited the investors of the asset. Yesterday (November 28), over 90% of ETH holders at one point realized some level of paper profit, the highest level since June. As of writing, this percentage is around 88%.
(tv-CryptoPotato)