The price of Pi Network (PI) cryptocurrency has again been in the spotlight among Indonesian investors and the crypto community.

As of today, April 4, 2025, the price of 1 PI is recorded at around 9,412 IDR or equivalent to $0.5628, showing a sharp decline in the last 24 hours.

The price of Pi Network (PI) cryptocurrency has again been in the spotlight among Indonesian investors and the crypto community.

Today, April 4, 2025, the price of 1 PI is recorded at around 9,412 IDR or equivalent to $0.5628, showing a sharp decline in the last 24 hours.

This sparked concern among the community, especially after PI was knocked out of the top 25 crypto market capitalization and was not included in the latest listing campaign on Binance.

This decline was reminiscent of the sharp correction phase since its record high and elicited mixed reactions from the community, which still held hope for the project’s revival.

How much is 1 PI in Indonesia today?

The price chart above shows the Pi Network (PI) cryptocurrency value movement over the past 24 hours, which has experienced a sharp decline of 15.55%. The PI price opened at around $0.6662 and continued to experience a significant decrease until it reached a daily low of $0.5376 before recovering slightly to its current price of $0.5628.

This price drop is evident on the chart, which is dominated by red, signaling strong selling pressure throughout the day. The biggest sell-off occurred around 7 p.m. (local time), when prices fell sharply for a short period of time. After that, PI prices briefly showed some volatility with a few small spikes, but they were not strong enough to reverse the bearish trend.

Trading volume surged 65.16% in the last 24 hours, reaching $450.95 million. Despite the increase in volume, selling pressure continued to dominate, helping push market capitalization down to $3.82 billion.

Community sentiment still shows a predominance of optimism, with 88% bullish. Still, the situation is exacerbating global market pressures and negative sentiment from PI’s non-inclusion in the latest Binance listing campaign.

Read also: These 3 Crypto Presale are the target of investors in April 2025

Drastic Decline Since Record High

Pi Coin (PI) experienced a sharp decline that surprised many crypto enthusiasts. As of April 2, 2025, PI is now 27th on the CoinMarketCap list, with a market capitalization of around $4.64 billion.

Pi Coin’s price drop comes after it reached an all-time high of $2.99 on February 26, 2025. Since then, the coin’s value has plummeted by more than 77%, raising investor concerns.

When this article was written, Pi Coin slipped to 34th place on CoinGecko. This trend shows the strong pressure that this crypto project is undergoing.

The main factors behind this decline include the delayed official launch of Pi Coin on leading exchanges such as Binance. The uncertainty surrounding the listing exacerbated already sensitive market sentiment.

Also read: 4 Cryptos that Traders are Eyeing in April 2025!

Decline Impact and Community Reaction

In March 2025, Pi Coin recorded a significant 25% drop in one week, from $1.54 to $1.08. This sharp drop comes when Pi Coin was in 11th place, reflecting how quickly things can change in the crypto market. Community reaction has been mixed, ranging from panic to the belief that this is just a temporary correction.

Despite the price drop, Pi Network still has an active community base and ongoing development projects. Some users believe that the innovations the development team is developing can restore investor confidence.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.