Pi Coin Soars 7%! Check Out Pi Network’s Latest Price in Rupiah Today (5/3/25)

Jakarta, Pintu News – Amidst crypto market turmoil, the price of Pi Network (PI) has experienced a significant spike. This increase was driven by the listing on major crypto exchanges as well as the approaching mainnet migration deadline, which boosted investor confidence in the project once again.

This price movement certainly raises questions for investors and crypto enthusiasts in Indonesia: what is the price of Pi Network to rupiah today?

Pi Network price rises 7% in 24 hours

As of March 5, 2025, Pi Network (PI) has surged 7% in the past 24 hours, trading at approximately $1.81. At the current exchange rate of $1 = 16,336 IDR, this puts Pi Coin’s price at around 29,568 IDR.

Read also: Pi Network Adoption Surges Across Asia—Can It Overcome Regulatory Roadblocks?

Based on CoinGecko data, the price movement in a day recorded a low of $1.70 and touched a peak of $1.86, showing high volatility.

Pi Network’s market capitalization now stands at $12.68 billion, with a fully diluted valuation of $19.49 billion. In addition, trading volume in the last 24 hours surged to $773.7 million, reflecting increased market activity and investor interest in PI.

So, what caused the Pi Network price to rise today?

Pi Network’s listing on CoinMarketCap helps curb bearish pressure

Pi Network, a cryptocurrency that can be mined via mobile phones, has long faced various challenges, mainly related to anti-money laundering (AML) concerns and regulatory barriers.

Up until now, Pi Coin trading has mostly taken place in P2P and OTC markets, which has limited its widespread adoption. However, changes in regulatory policy in the United States under the Trump administration have revived interest in Pi Network. This opens up opportunities for listing on major exchanges such as Bitget.

In a recent development, the Pi Network (PI) coin was officially listed on CoinMarketCap on Tuesday, marking an important milestone for the project. This listing increases the demand and visibility of Pi Coin, attracting more new investors into its ecosystem.

On March 4, 2025, Pi Network briefly traded above $1.74, with a market capitalization of $12.1 billion, registering a 3% increase in the last 24 hours.

Interestingly, Pi Coin was the only crypto among the top 20 to remain profitable, despite the overall crypto market experiencing a massive wave of liquidation due to Trump’s tariffs on Canada and Mexico.

Read also: Pi Network News: Can PI Coin Bounce Back After a 40% Drop? CoinCodex’s Bold Prediction Shocks Investors!

Trader Activity Increases, Pi Network Remains Stable amidst Liquidation Wave

Pi Network is currently entering a crucial phase in the mainnet migration process. In a recent announcement, the Pi Network team confirmed that the migration deadline is set for March 17, 2025.

Users who fail to migrate before the deadline risk losing most of their PI assets.

With less than two weeks to go, activity on the network experienced a significant spike. Many previously inactive traders have now started migrating their coins, drastically increasing transaction volumes.

This trend is supported by Pi Coin’s hourly chart, which shows trading volumes remained high, even as the overall crypto market saw more than $1 billion in derivative position liquidation due to Trump’s new tariffs on Canada and Mexico, according to Coinglass data.

Amidst this transition period, market participants continue to monitor Pi Network’s next big move, especially with speculation continuing to grow regarding a potential listing on Binance.

Pi Network Price Prediction: Bulls eye $10 amid shifting market momentum

Quoting the Coingape report (5/3/25), the Pi Network (PI) coin price is currently consolidating around $1.78, showing early signs of a potential breakout along with a decrease in volatility.

The Bollinger Bands indicator is starting to narrow, hinting at a big move to come. Currently, PI Coin’s price is near the mid-band at $1.74, with major resistance at $1.90.

Read also: US Crypto Reserve Expansion? LINK, ONDO, and LTC Could Be Next!

If the bulls manage to break this level, then the upside potential towards $2 gets stronger, with the long-term target aiming for $10 in a bullish scenario.

The Parabolic SAR indicator starting to flatten also indicates a change in trend dynamics. A confirmed breakout above $1.90 on high volume would validate the bullish momentum, allowing PI Coin to target the previous swing high.

However, the Bull-Bear Power (BBP) indicator still shows a battle between buyers and sellers. The green zone signals bullish strength is emerging, but the bearish trend is not completely over unless the bulls are able to maintain support above $1.74.

On the bearish side, failing to break $1.90 could trigger fresh selling pressure, with the risk of dropping to $1.58 or even $1.54. If the price falls below this level, PI Coin risks entering a lower liquidity zone.

However, as long as the price holds above the key support and buying pressure continues to build, the bulls still have a chance to take back control. With strong enough momentum, the $10 target remains the long-term bullish vision for PI Coin.

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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. PI Network Price Surges after Coinmarketcap listing: Will $1.1B Liquidations Halt the Rally? Accessed on March 5, 2025