Pi Coin Plunges 6.5%, How Much is Pi Network to Rupiah Today (3/24/25)?

Jakarta, Pintu News – Pi Network (PI) has corrected 6.5% in the last 24 hours, reflecting the high volatility of the crypto market. Currently, the Pi Coin price is around $0.9276, with price movements in the range of $0.911 to $1.02, 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 6.5% in 24 Hours

As of March 24, 2025, Pi Network (PI) has seen a 6.5% drop in value over the past 24 hours, bringing its current price to approximately $0.9276. When converted using the current exchange rate of $1 = IDR 16,564, that puts the value of one PI coin at around IDR 15,239.

Read also: These 4 Key Catalysts are Forecasted to Drive Pi Network Increase, Reality or Dream?

During this 24-hour period, the price of PI moved within a range of $0.911 to $1.02, reflecting considerable volatility. The chart shows a consistent downward trend since the start of the day, with selling pressure pushing the price down sharply around 02:00 to touch a low below $0.925 before starting to recover slightly.

In terms of fundamentals, PI’s market capitalization currently stands at around $6.25 billion, with a fully diluted valuation of $9.61 billion. The trading volume in the last 24 hours is quite high at around $233 million, indicating intense buying and selling activity.

Investor Interest in Pi Network Starts to Decline

According to BeInCrypto, the Chaikin Money Flow (CMF) indicator for Pi Network is currently at its lowest point since the project was launched. This suggests that the outflow of funds from the altcoin is at a record high, reflecting the diminishing confidence of investors.

This negative sentiment led many investors to withdraw their funds from the Pi Network, further depressing the value of the asset.

This spike in outflows could have a long-term impact on the price, as it signals a decline in investor confidence. If confidence in the Pi Network continues to decline, more investors could decide to exit, which could ultimately push prices down further.

In terms of macro momentum, the Pi Network also showed a shift. The Relative Strength Index (RSI), which measures the strength of price movements, had recovered after entering the oversold zone earlier this week.

Usually, this is seen as a sign of a possible reversal, indicating that bearish pressure may be starting to ease.

However, although the RSI showed a slight improvement, the Pi Network has not experienced significant growth. This indicates that the pressure from the overall market is still quite strong.

Read also: Crypto analyst Kim H Wong gives Pi Network price prediction, how will Pi Coin fare next?

PI Price Continues to Decline

Currently, Pi Network is trading below the $1.00 mark, down about 44% in the last ten days. The altcoin is still trying to stay above that price level and has been quite successful so far.

However, continued fund outflows as well as overall market conditions suggest that Pi Network may find it difficult to maintain its current position.

Reporting from BeInCrypto (3/23/25), if selling pressure remains high, the price of Pi Network has the potential to drop to the $0.92 support level. If this level is broken, the decline could continue to $0.76, deepening the losses that have occurred recently.

With this potential for further downside, investors need to pay close attention to these support levels.

Conversely, if Pi Network is able to reclaim the $1.19 level as support, it could open up opportunities for recovery. A successful rise past that level could push the price back to around $1.43, helping the token to recover some of its recent losses.

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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 Briefly Falls Below $1 As PI Shows Oversold Signals. Accessed on March 24, 2025