Crypto Market Crash, How Much is Pi Network Worth in Rupiah Today (4/3/25)?

Jakarta, Pintu News – Amid today’s crypto market downturn (4/2/25), Bitcoin (BTC) and Ethereum (ETH) have plunged by double digits. However, Pi Network (PI) has defied the trend, gaining over 3% in the past 24 hours, drawing significant attention from the community.

With this unexpected price movement, Indonesian investors and crypto enthusiasts are left wondering: How much is Pi Network worth in rupiah today?

Pi Network Price Up 3.4% in 24 Hours

As of March 4, 2025, Pi Network (PI) has risen 3.4% in the past 24 hours, trading at approximately $1.73. Based on the current exchange rate of $1 = 16,442 IDR, this puts Pi Network’s price at around 28,445 IDR.

Read also: XRP Price Prediction: Analyst Predicts XRP Could Skyrocket to $70!

In addition, PI coin also showed an increase against Bitcoin (BTC) of 14.7%, with a value of 0.00002063 BTC per PI. During the same period, the price of PI moved within a range of $1.61 to $1.76, reflecting the high volatility of the market.

In terms of fundamentals, Pi Network’s fully diluted valuation (FDV) now stands at $18.38 billion, while 24-hour trading volume surged to $756.3 million, indicating growing investor interest in the asset.

Currently, Pi Network’s total supply stands at 10.63 billion PI, with the maximum supply set at 100 billion PI.

Delay of Pi Network Listing on Binance

In a recent development, one of the main factors driving Pi Network’s price rise since its launch has been speculation of listing on major exchanges, most notably Binance.

However, the longer-than-expected listing process made the market start to lose momentum, leading to buyer exhaustion.

Binance briefly held a community vote between February 17-27, where 86% of users supported the listing of PI Coin. However, almost a week after the voting closed, Pi Network is still not available for trading on Binance.

If Binance fails to list Pi Coin in the near future, investor confidence could weaken further, potentially leading to more selling pressure and prolonging PI’s price decline.

Read also: Fraud Allegations? Pi Network Team Breaks Silence with Official Clarification!

Whale Allegedly Sells PI Coin Amid Slow Adoption

In addition to the delay in listing on Binance, price manipulation by whales is also suspected to be the main cause of the Pi Network (PI) price drop.

According to analyst Dr. Picoin, the current volatility is most likely caused by a pump-and-dump scheme by whale investors.

In his analysis, Dr. Picoin stated that the Pi Network price is likely to be more stable if decentralized applications (dApps) start to launch on the Open Network.

“Once the majority of Pi dApps are available, they will significantly reduce the pump-and-dump cycle by increasing utility-based demand and stabilizing liquidity,” he explained.

Meanwhile, there is positive news from the adoption sector. Recently, Zito Realty, a Florida-based real estate company, announced that it will accept PI Coin as a means of payment for property transactions.

If this adoption trend continues to grow, PI Coin could escape the stigma of being a meme coin and trigger a more stable upward price trend.

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*Disclaimer

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.

Reference:

• Coingape. Why Is Pi Network Price Crashing? Accessed on March 4, 2025