Jakarta, Pintu News—Pi Network (PI) has stolen the spotlight again in the crypto world, planning to unlock 188 million tokens by March 2025.
This move is expected to affect the price movement of PI, which is currently at $1.94 or around Rp31,862 per token.
With a larger community and growing investor interest, will PI prices soar or will there be selling pressure? Check out the full update here!
Based on the latest data from CoinMarketCap, the price of Pi Network (PI) today, March 6, 2025, was recorded at $1.94 per PI, an increase of 8.48% in the last 24 hours. With an exchange rate of $1 = 16,272 IDR, the price of 1 PI in rupiah is equivalent to 31,556 IDR.
The chart shows that the price of PI has been trending upward since the start of trading, rising from the $1.79 level and reaching a peak of $2.00 before correcting slightly to $1.94. This surge was also supported by a 9.85% increase in market capitalization to $13.68 billion and a 24-hour trading volume that reached $866.87 million.
Community sentiment indicators show that 91% of investors are bullish, signaling high optimism for the future of Pi Network. With growing adoption and potential listing on more exchanges, the price of PI could potentially continue to experience high volatility.
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According to BeInCrypto, Pi Network announced plans to unlock 188 million tokens this month, which will be distributed to more than 1.1 million users. With more PIs in circulation, many are wondering if this will impact the price of the cryptocurrency.
Since the main net launch on February 20, 2025, the price of PI has surged by almost 100%, peaking at $2.99 before undergoing a correction. Currently, the PI price hovers around $1.94. Many investors remain optimistic, as evidenced by the 91% bullish sentiment on CoinMarketCap.
Data from ExplorePi shows over 11.5 million Pioneer accounts, with approximately 7.25 million accounts (63%) locking their PI for three years and 1.6 million accounts (14%) locking their PI for one year. Despite the large unlock, selling pressure is not expected to be immediate.
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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.
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