As Pi Day is just one day away, panic is growing among Pi Network users, known as Pioneers. Many fear they could lose their Pi coins due to issues with the Know Your Customer (KYC) verification process. With the final deadline set for March 14, 2025, frustration is at an all-time high as users struggle to get verified in time.
Users Face KYC Challenges
Tap to Earn Pi Network has recently announced that any user who does not complete KYC and transfer their balance to the Mainnet by 8:00 AM UTC on March 14, 2025, will lose most of their mobile balance. The team says this is necessary to keep the network clean from unverified accounts.
However, many users say they have tried to complete KYC multiple times without success. Crypto enthusiast Rod Thompson has called this one of the biggest issues in crypto, claiming he could lose over 10,000 Pi coins because some of his referrals have not completed KYC.
He also pointed out that Pi Network profits from ads shown during daily mining, making the situation feel unfair.
Others have also shared their frustration, saying their KYC applications have been pending for over two years. Some users have no option to reapply, leaving them in limbo and raising concerns about the fairness of the system.
Concerns Over Rewards and Balance Transfers
Aside from KYC problems, users have reported balance inconsistencies. Some claim their unverified balance continues to grow, but their transferable balance remains small. This has led to doubts about the transparency of the platform.
Another complaint is unfair reward distribution. Some long-term miners with referrals have received fewer Pi coins than others who mine irregularly, causing frustration.
Additionally, many users struggle to move their Pi coins to the Mainnet, even after completing all the steps. Due to long lock-up periods, some have even started selling their accounts on unofficial platforms, raising concerns about the project’s credibility.
Pi Coin Price Rises Despite Frustration
Despite these issues, Pi Coin’s price has surged by nearly 7% in the past 24 hours as investors prepare for Pi Day. Some analysts believe this rise is driven by speculation about potential announcements on March 14.
However, with the final KYC deadline approaching and many users still unable to verify their accounts, the future of Pi Network remains uncertain.
While Cardano (ADA) continues to hold investor attention as a fundamentally sound project, many seasoned traders are quietly pivoting toward early-stage tokens with more aggressive upside. One of the standout names emerging in these circles is Mutuum Finance (MUTM)—a DeFi lending protocol currently priced at just $0.03 in Phase 5, with 50% of the tokens already sold. Its structured presale is progressing rapidly, with each phase bringing a higher price, ultimately reaching $0.06 by Phase 11.
But what’s setting MUTM apart isn’t just its low entry point—analysts featured on Cointelegraph and Investing.com have already highlighted the project as a potential category leader in decentralized lending, citing its strong audit scores, early product rollout, and robust lending mechanics.
If the token reach its projected listing valuations of $0.60 or higher, early entries could realize 20x gains from this level. A $1,500 investment today could grow to $30,000, aligning with the kinds of returns typically associated with the earliest backers of Cardano (ADA) or Polkadot (DOT). With analysts drawing such parallels this early on, it’s easy to see why sharp capital is already positioning.
Custom Lending Beyond ADA’s Scope
Mutuum Finance (MUTM) introduces a liquidity model that stands apart from static DeFi protocols. Rather than offering a singular lending approach, it will implement both peer-to-contract (P2C) and peer-to-peer (P2P) lending systems, giving users the freedom to lend or borrow based on their preferred structure. The P2C system will allow users to earn interest through pooled liquidity, while P2P will enable direct, custom agreements that are particularly attractive for institutions, large holders, or users holding tokens like Dogecoin (DOGE), Shiba Inu (SHIB), or Pepe (PEPE)—assets not traditionally supported in pooled DeFi setups.
Unlike ADA, which never offered a lending product that gives users full control over loan terms, Mutuum Finance (MUTM) will let lenders and borrowers negotiate rates and collateral structures in the P2P model. This flexibility enables smarter capital deployment and appeals to investors who want utility beyond staking. Borrowers will retain full ownership of their assets by posting collateral, unlocking liquidity without losing exposure to their holdings—a major advantage during bull cycles or portfolio restructuring.
The P2C mechanism will also be dynamic, with interest rates adjusting automatically based on the utilization of liquidity pools. As demand for borrowing rises, interest rates will climb, incentivizing more lenders to join the pool. This self-correcting system keeps the ecosystem balanced without manual intervention, and it creates yield opportunities far more responsive than what legacy networks like Cardano (ADA) offer.
Revenue-Backed Rewards and Long-Term Growth Mechanics
Mutuum’s model of generating yield will center around mtTokens, which will represent a user’s share in the liquidity pools. These tokens will accumulate value in real time, automatically reflecting interest earned. Stakers who stake mtTokens in designated contracts will be eligible for protocol-funded dividends, issued in the form of buybacks of the native MUTM token. These buybacks will use actual protocol revenue—giving rewards real financial backing rather than being inflation-based.
This makes Mutuum’s staking model far more sustainable than token rewards funded by pre-mines or treasuries. As usage of the protocol scales, so too will the value generated and redistributed to stakers, turning mtTokens into passive-income tools that automatically grow with protocol activity. ADA holders have long been used to staking with flat returns, but MUTM will tie its staking incentives directly to ecosystem health and on-chain utilization, offering an entirely different trajectory of value accrual.
In addition to protocol mechanics, Mutuum Finance (MUTM) is also laying the groundwork for scalability with a future Layer-2 integration plan. This will reduce transaction fees and support faster, more efficient lending and staking operations—something ADA has faced significant criticism for lacking even after years of development. As Mutuum continues to expand, Layer-2 compatibility will play a crucial role in broadening its adoption, particularly among users priced out of Ethereum mainnet fees.
Beyond development, the $100K giveaway launched by the team signals a bold approach to community acquisition. Instead of relying solely on traditional paid marketing, the project is actively rewarding users who participate early. This not only encourages word-of-mouth momentum but also ensures the community grows alongside the protocol’s development. ADA has never prioritized this level of direct user reward during its formative stages, which makes MUTM’s strategy feel more aligned with current crypto user expectations.
At $0.03, Mutuum Finance (MUTM) sits in Phase 5 of its presale—and 50% of this allocation is already sold. With the token set to list at $0.06, the current entry point offers a clean 2x upside before public markets even open. But the bigger picture isn’t just about presale pricing—it’s about entering a project that’s engineered for utility, yield, and long-term value capture. With 11 phases in total and each step increasing in price, latecomers will face higher costs and a tighter margin for gains.
For more information about Mutuum Finance (MUTM) visit the links below:
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While Cardano (ADA) continues to hold investor attention as a fundamentally sound project, many seasoned traders are quietly pivoting toward early-stage tokens with more aggressive upside. One of the standout names emerging in these circles is Mutuum Finance (MUTM)—a DeFi lending protocol currently priced at just $0.03 in Phase 5, with 50% of the tokens …
The Mantra team has addressed the crypto community following the Mantra (OM) token price crash of over 80% in the last 24 hours. Despite the statement, the community is still concerned that this might have been a rug pull by the team, which controls a huge amount of the token’s total supply.
Mantra Team Responds Following Token Crash
In an X post, the Mantra team assured the community that the token is “fundamentally strong” despite the crash that occurred in the last 24 hours. The team blamed the crash on “reckless liquidations” and denied it had anything to do with the project.
They further assured that this had nothing to do with the team and revealed that they were looking into the Mantra price crash and would share more details about what happened as soon as possible.
In an X post, the project’s co-founder, John Patrick Mullin, further revealed that there was a massive forced liquidation from a large OM investor on a Centralized Exchange (CEX). However, he didn’t reveal whether it was one of the top crypto exchanges.
In another X post, Mullin tried to set the record straight. He stated that they didn’t delete the Telegram channel. He further remarked that the team’s tokens all remain in custody and provided a wallet address (mantra…..quam) for community members to verify this claim.
The Mantra co-founder added that they are actively figuring out why these massive forced liquidations occurred and will provide more information as soon as possible. He assured that they are still here and not going anywhere.
Mantra Price Crashes By Over 80% In 24 Hours
CoinMarketCap data shows that the Mantra price has crashed by over 80% in the last 24 hours. The token sharply dropped from an intra-day high of $6.3 to as low as $0.4. However, it has reclaimed the $1 price level following the team’s statement.
However, amid this statement, some community members still seem convinced that this was a rug pull, as the team controls a huge amount of the token’s supply. Crypto commentator Sjuul described the OM token as the LUNA of this cycle.
He further explained why the community believes the crash was a rug pull, stating that the crash began when a wallet believed to be connected to the team suddenly deposited 3.9 million OM tokens to the OKX crypto exchange. This deposit led to significant selling pressure, which caused the Mantra price to crash.
Besides the token’s crash, the broader crypto market is witnessing a downtrend following US President Donald Trump’s statement in which he debunked reports of an exemption. This comes just a day after the crypto market rebounded following reports that the US president had exempted computers, phones, and chips from his tariffs on China and other countries.
In a major development for the Crypto Trading and Web3 ecosystem embedded in top messaging apps, Telegram has introduced new features to its TON-based crypto wallet, enabling seamless multi-asset trading within the app.
The upgrade is set to enhance accessibility and usability for Telegram’s massive global user base, further positioning the platform as a key player in the crypto space.
Key Features of the Telegram’s Crypto Wallet Update
According to the latest announcement, the new wallet upgrade includes:
Multi-Asset Trading: Users can now trade various cryptocurrencies directly through the Telegram wallet, streamlining transactions within the app. Aiming to bring more tokens soon, it will allow users to trade hundreds of crypto coins, including ETH, XRP, DOGE, and PEPE, using USDT or TON and build portfolio — all via its wallet.
Seamless Swaps: The wallet supports instant swaps between supported assets, ensuring fast and low-cost transactions.
Introduces Wallet Earn: Making it a permanent feature of Telegram’s Crypto Wallet, with the first campaign for TON holders already live. This feature will allow users to start earning long-term rewards, with daily earnings automatically added to their balance. They can withdraw or add funds anytime with zero fees. It says that while the average yield is 4%, it will vary based on validators’ reward.
User-Friendly Interface: A refined UI design makes trading and asset management more intuitive, catering to both novice and experienced users.
More tokens are coming to @wallet_tg! Soon, you’ll be able to trade hundreds of #crypto, including ETH, XRP, DOGE, and PEPE. Trade seamlessly using USDT or TON and build your portfolio — all in one place. pic.twitter.com/ROOIsfANH9
Telegram first introduced its official TON-based crypto wallet in September 2023, allowing users to send and store digital assets directly within the app. Since then, the wallet has seen continuous enhancements, with the latest upgrade offering multi-asset trading support.
This feature enables users to trade different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Toncoin (TON), without needing to leave the Telegram ecosystem.
The integration of multi-asset trading aligns with Telegram’s broader push to bring decentralized finance (DeFi) tools to mainstream users. By simplifying crypto transactions and trading, Telegram aims to lower the barrier to entry for millions of users unfamiliar with traditional crypto exchanges.
Industry experts suggest that the new features could challenge traditional exchanges and DeFi platforms by providing a more accessible and integrated trading experience. “Telegram’s move to enable multi-asset trading within its wallet is a game-changer. It reduces the need for external crypto exchanges and simplifies access to digital assets,” said a blockchain analyst from Coingape.
What’s Next for Telegram’s Crypto Wallet?
Telegram has hinted at further enhancements in the pipeline, including support for more cryptocurrencies, DeFi integrations, and staking options. The company is also reportedly exploring ways to integrate its wallet with other Web3 applications, further solidifying its position in the crypto industry.
As competition in the blockchain space intensifies, Telegram’s move to expand its TON-based wallet with multi-asset trading positions it as a formidable player in the digital asset ecosystem. Whether this innovation will disrupt traditional crypto exchanges remains to be seen, but one thing is clear: Telegram is determined to push the boundaries of mainstream crypto adoption.
