Pi Network (PI) Drops 1% in 24 Hours as Market Volatility Remains High

Pi Network (PI) has experienced a 1% correction in the past 24 hours, reflecting the still high volatility of the crypto market.

Jakarta, Pintu News – Pi Network (PI) experienced a 1% correction in the past 24 hours, reflecting the still high volatility of the crypto market.

Currently, the Pi Coin price is around $1.65, with price movements in the range of $1.61 to $1.74 throughout the day. Then, how much is the price of Pi Network in rupiah today? Check out the full review below.

At the time of writing (3/14/25), the price of Pi Network (PI) has decreased by 1.6% in the last 24 hours, leaving the PI coin price at about $1.65. If we convert it to rupiah at the current exchange rate of $1 = IDR 16,394, then the price of Pi Network in rupiah is approximately IDR 27,050.

During this period, the PI price fluctuated within a range of $1.61 to $1.74, showcasing significant volatility during the trading session.

Despite the slight decline, Pi Network still has a market capitalization of about $11.69 billion and a fully diluted valuation (FDV) of $17.98 billion. Meanwhile, the trading volume over the last 24 hours reached $506.36 million, highlighting the persisting interest from investors in this crypto asset.

Earlier, today, Pi Network briefly touched the $1.7 price point after completing Know Your Customer (KYC) verification to secure their holdings before the final stages of migration.

According to discussions within the community, many traders attribute this price surge to increased confidence in the crypto asset.

Over the past week, PI Network experienced an increase of over 53%, making it one of the best performing digital assets in the market. This heightened activity is due to numerous users rushing to complete KYC and Mainnet migration by the set deadline.

According to market analysts, if PI Coin manages to break through the resistance level at $1.7, then the upward trend is likely to continue. Furthermore, if the buying pressure keeps increasing, we might see PI Coin testing the resistance level at $2. Notably, this asset hasn's price has not returned to this point in the last 14 days.

If the upward movement continues and surpasses this point, we can expect to see PI Coin rallying towards the $5 mark in the upcoming weeks. In fact, some analysts project that the long-term price could reach $20, depending on the market's development.

One of the main reasons for PI Coin's price spike is the approaching KYC verification and Mainnet migration deadline on March 14. PI Network has notified its users that unverified balances will be forfeited after that date, so many community members have begun to take action.

Many users who previously disregarded this process are now rushing to complete their verification, ultimately increasing the demand for PI Coin.

Moreover, speculation about the possibility of listing PI Coin on the Binance exchange has also contributed to the price increase. Last month, Binance made an announcement to its community regarding the potential addition of Pi Network to their platform.

The voting results show that 87.1% of participants voted in favor of listing PI Coin on Binance. However, to date, there has been no official statement from the exchange.

With PI Coin now trading above the $1.7 level, many investors are expecting the price to test the $2 mark. If this momentum continues, the next target could be $5 to $10 before the migration deadline.

However, for PI Coin to reach the $20 price point, several key factors are required, including successful KYC processing, increased adoption, and listing on major exchanges.

Despite the recent price action, analysts advise investors to exercise caution, considering that the Pi Network ecosystem is still relatively volatile and not fully stabilized.