Price of 1 Pi Network (PI) in Indonesia Today (3/19/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, March 19, 2025, is still under pressure after experiencing a significant decline recently.

Unlocking 129 million tokens worth IDR2.8 trillion triggered PI’s price drop, which raised concerns among investors.

Crypto analysts are now warning of major risks for Pi Coin, mainly due to the project’s unclear roadmap and lack of transparency from the development team.

Will PI prices continue to fall, or is there a chance for a rebound? Check out the full analysis below!

How much is 1 PI in Indonesia today?

The price movement of Pi Network (PI) in the past 24 hours has shown a significant downward trend. The current price is $1.16, a decrease of 7.08% on the day.

PI’s market capitalization also shrank 7.60% to $8 billion, while trading volume surged 102.15% to $710.33 million, signalling increased buying and selling activity amid high volatility.

The price chart shows that PI experienced a sharp decline since touching a daily high of $1,259 before plummeting to a low of around $1.12. Despite a small bounce, PI is still not showing strong signs of recovery.

The market sentiment towards PI is still dominated by pessimism, with 68% of users voting bearish, while only 32% are optimistic. Some analysts warn that PI risks falling further if the selling pressure continues and tests the $1.00 psychological level.

On the other hand, if PI is able to hold above the support level and attract buying interest again, there is a chance for a rebound towards the resistance area at $1.20 to $1.25.

Also read: This Man Fought for 8,000 Bitcoin (BTC) Worth $660 Million Buried in a Dumpster!

Pi Coin (PI) Falling After Rp2.8 Trillion Unlock?

According to Coinpedia, the drop in the price of a Pi Coin (PI) in a day was not only caused by the unlocking of a large number of tokens. Another major factor was the project’s uncertain future, which caused investors to start withdrawing their funds to more stable assets.

Back then, Pi Network was considered a revolutionary crypto offering a unique smartphone mining model. However, after six years of development, many in the community questioned why the main net was still not openly released. This lack of clarity made many investors lose faith and exit the PI ecosystem.

Moreover, the recent massive sell-off reflects the growing scepticism towards the project. Analysts warn that without tangible developments, PI could continue to experience selling pressure, especially with the large influx of tokens into the market.

Read also: 5 ‘Made in USA’ coins that are the talk of the town ahead of Eid 2025

Crypto analyst warns of big risks for Pi Coin

Analyst Dr. Altcoin notes that Pi Coin has now dropped to #13 on CoinMarketCap, with the price falling below IDR 21,256 (USD 1.30). He warns that the lack of transparency and slow development has led to negative sentiment in the market.

The community is now starting to demand clearer updates, including the Open Mainnet launch date, project roadmap, and transparency regarding investors and strategic partners. Without this clarity, the risk of further downfall is growing.

On the other hand, CryptoCove analyst claims to have predicted Pi Coin’s downfall, and managed to profit by shorting it from IDR27,797 (USD 1.70) to IDR18,803 (USD 1.15), making a profit on the recent 38% correction. However, he now considers shorting Pi Coin to be risky and prefers to wait for a potential rebound before taking another position.

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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:

• Coinpedia. Pi Coin Crashes 17% in a Day After $175M Unlock – Here’s Why Investors Are Worried. Accessed March 19, 2025
• Featured Image: Economic Times