Pi Coin Plummeted 20%, How Much is Pi Network to Rupiah Today (3/21/25)?

Jakarta, Pintu News – Pi Network (PI) has experienced a sharp 20% drop within the last 24 hours, reflecting the high volatility of the crypto market. Currently, the Pi Coin price is around $0.913, with price movements in the range of $1.19 to $0.9292 throughout the day.

Then, how much is the price of Pi Network in rupiah today? Check out the full review below.

Pi Network Price Drops 20.9% in 24 Hours

At the time of writing (3/21/25), the price of Pi Network (PI) has recorded a sharp decline of 20.9% in the last 24 hours, with the price of PI coin around $0.913. If converted to rupiah at the current value, which is $1 = IDR 16,505, the price of Pi Network to rupiah is around IDR 15,021.

Read also: Pi Network Ready to Hold a Big Coin Burn? Here’s How It Affects the Pi Coin Price!

This decline reflected significant selling pressure, with daily trading volumes reaching $458 million. On the day, PI prices briefly touched a high of $1.19, before plunging to a low of $0.9292, indicating a strong bearish trend.

In addition, Pi Network’s market capitalization now stands at around $6.28 billion, while its fully diluted valuation stands at $9.66 billion.

BBTrend Indicator Confirms Strong Bearish Trend on PI Network

Reporting from BeInCrypto (3/20/25), the negative view of Pi Network (PI) is further reinforced by BBTrend which remains in the red zone, confirming that bearish pressure still dominates the market.

On the four-hour chart (20/3), the momentum indicator shows a value of -32.45, the lowest level ever recorded since the PI was first launched.

BBTrend is an indicator that measures the strength and direction of an asset’s price movement based on the Bollinger Bands. If the BBTrend value is positive, it signals an uptrend, where the price is moving close to the upper limit of the Bollinger Bands with strong momentum.

Conversely, negative BBTrend values indicate a downtrend, signaling that the asset is trading closer to the lower limit of the Bollinger Bands, with selling pressure dominant.

When BBTrend enters a deep negative zone as it did on PI Network, it indicates that the downtrend is very strong and sustainable, with full control being in the hands of sellers.

This means that PI’s price drop is not just a short-term correction, but part of a broader bearish trend, accompanied by high volatility.

Read also: Pi Network Updates 2FA Security: Will Pi Coin Price Soar?

Binance Decision and Rising Concerns

Amidst Pi Coin’s struggles, a recent decision by Binance has further added to the uncertainty regarding the future of this digital asset.

Binance, known for its “Vote to List” campaign, did not include Pi Network in the latest vote, where users could choose one of nine nominated projects to be listed on the platform.

The decision to exclude Pi Network surprised many in the crypto community, as many had previously expected the token to be part of the campaign.

In its official statement, Binance explained that the “Vote to List” initiative this time is only reserved for projects built on the BNB Smart Chain, so Pi Coin automatically does not meet the criteria.

“Our Vote to List campaign only focuses on projects that are on the BNB Smart Chain,” Binance explained.

This exclusion comes at a time when Pi Coin is looking to gain more exposure in major markets and hopes to be listed on major exchanges such as Coinbase and Binance.

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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:

• BeInCrypto. Pi Network Crashes 32% in a Week, Eyes More Decline Amid Heavy Sell-Offs. Accessed on March 21, 2025
• Coinpedia. Pi Coin Price Prediction: Binance Excludes Pi Network, What’s Next After 31% Drop? Accessed on March 21, 2025.