Price of 1 Pi Network (PI) in Indonesia Today (3/17/25)
Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia on March 17, 2025, is in the spotlight after the end of the KYC deadline and migration to the Mainnet. Many users who failed to complete KYC verification lost most of their balance, sparking chaos in the Pi Network community.
With thousands of PIs disappearing from user accounts, many are wondering about the current state of the PI price in the market and whether this crypto asset still has prospects.
How much is 1 PI in Indonesia today?
The chart above shows the price movement of Pi Network (PI) in the last 24 hours on the CoinMarketCap platform. Currently, the price of PI is at $1.40, a decrease of 6.26% in a day.
The price briefly touched a high of $1.52 before experiencing a fairly sharp downward trend from the afternoon to the evening. After hitting a low of $1.37, the price tried to make a recovery but is still in a bearish trend.
Some important indicators seen in the data:
- Market capitalization fell 7.40% to $9.73 billion.
- The 24-hour trading volume decreased by 8.82%, reaching $372.98 million.
- The community sentiment is still predominantly bullish (90%), indicating investor optimism despite falling prices.
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KYC Deadline Ends, Users Fail to Migrate to Mainnet
Since its inception, the Pi Network has required users to complete KYC verification to ensure regulatory compliance and facilitate transactions on the Mainnet. However, many users had not completed this process by the deadline set on March 14, 2025.
According to an official statement from Pi Network, users who do not pass KYC will lose most of their Pi balance, except for the balance mined in the last six months before the migration. This has left many crypto investors who have been mining PI for a long time feeling disappointed and aggrieved, as the tokens they have accumulated over the years have suddenly vanished into thin air.
Also read: 5 Cryptos that are Recommended to Sell Before March 2025 Ends!
Chaos in the Pi Network Community, Thousands of PIs Lost!
After the deadline had passed, the Pi Network cryptocurrency community was filled with complaints from users who lost their large balances. Some users even reported losing more than 10,000 PI, which they had originally hoped would be worth a lot in the future.
Many users shared screenshots of their balances suddenly disappearing on social media, sparking speculation about a bug or system error in the migration process. Meanwhile, some other users claimed to have completed the KYC process but still experienced technical issues when trying to transfer their balance to the Mainnet.
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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:
- Binance Feeds. Pi Network KYC Deadline Passes: Unverified Users Lose Massive PI Holdings. Accessed March 17, 2025
- Featured Image: Mudrex
