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Cryptocurrency News Articles

Pi Network (PI) Price Drops 1.9% in 24 Hours

Mar 27, 2025 at 10:15 am

The Pi Network (PI) price is back in the spotlight after recording a 1.9% decline in the last 24 hours, as of March 27, 2025.

Jakarta, Pintu News – The Pi Network (PI) token price is once again in the spotlight after not showing good performance in the last 24 hours, down 1.9%, as of 27 March 2025.

The token, which previously stole the show with a rapid price increase in late February, is currently trading at $0.8094, a far cry from its peak a few weeks ago.

This drastic drop has sparked concern among investors and the crypto community, leading to pressing questions about what’s transpiring with Pi Network.

Pi Network Token Price Drops 1.9% in 24 Hours

At the time of writing (3/27/25), the price of Pi Network (PI) has decreased by 1.9% in the last 24 hours, placing the PI coin price at approximately $0.8094.

If converted to rupiah using the current exchange rate of $1 = IDR 16,559, then the price of Pi Network in rupiah is around IDR 13,247.

Within a 24-hour period, the lowest price reached was $0.7753, while the highest price touched $0.8476. In BTC, the price also went down by 2.1%, now equivalent to 0.00009246 BTC.

The market capitalization of Pi Network is about $5.47 billion, with a fully diluted valuation of $8.42 billion. Trading activity over the past 24 hours is quite busy, as the volume reached $317.6 million.

Pi Network Core Team Urged to Be More Decisive

Following the delay in mainnet launch, Binance listing, and Pi domain auction, members of the Pi community expressed their disappointment with the core team and urged them to improve their performance.

This was exacerbated by the rapid decline in the Pi coin price, which dropped drastically from $3 to only $0.82. Many community members felt that this upheaval occurred due to the core team’s silence and lack of crucial updates.

Moreover, there were claims that Pi’s core team had begun to deviate from their original promise of complete decentralization and was now gaining interest from large institutions.

Large corporations that process billions of dollars in transactions each day prioritize security and transaction speed over complete decentralization. With such differing priorities, it appears that the Pi Network core team had to make several compromises to balance the inclusion of ordinary users and global adoption.

One well-known community figure, Dr. Altcoin, shared his thoughts: “We should welcome collaboration between everyday users and large institutions. High-volume trading activity from businesses is what is needed to drive our utility, which will ultimately increase the price of the coin. But the core team must also remain committed to rewarding the Pi community. Without this community, Pi Network would probably be just another one of the many common coin stories.”

What Will Happen to Pi Coin Price Next?

Despite strong support from the community, the price of Pi Coin continued to drop rapidly until it reached $0.80 (3/27/25).

Crypto analyst Moon Jeff even made a bold prediction regarding the direction of Pi’s price movement. According to Jeff, the token’s value could potentially drop further to $0.60, which he considers to be the last crucial support level.

However, Jeff remains optimistic about a recovery in Pi Coin prices. He predicts that if the price manages to rebound from that level, it could spark a surge up to $5.

A similar view was shared by Dr. Altcoin, who stated: “Let’s keep holding and buying patience and Pi while it’s still available. Don’t be surprised if in the next few weeks we see Pi jump to $3.14, or even hit $10 in the coming months.”

Meanwhile, recent reports also suggest plans to list the Pi token on crypto exchange Upbit in the near future.

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This content aims to enrich readers’ knowledge. Pintu collects this information from various relevant sources and is not influenced by any party. Please note that an asset’s past performance does not determine its projected future performance. Crypto trading activities carry high risk

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