Pi Network Falls 1% Today (March 27) – Should Investors Be Worried?

Jakarta, Pintu News – The Pi Network (PI) price is back in the spotlight after recording a 1.9% decline in the last 24 hours, as of March 27, 2025.

The token, which stole the show with a price spike in late February, is now trading at $0.8094, well below its peak price a few weeks ago.

This drastic drop sparked concern among investors and the crypto community, raising big questions: What’s really going on with Pi Network?

Pi Network Price Drops 1.9% in 24 Hours

At the time of writing (3/27/25), the price of Pi Network (PI) has recorded a decline of 1.9% in the last 24 hours, with the price of PI coin around $0.8094. If converted to rupiah at the current rate, which is $1 = IDR 16,559, the price of Pi Network to rupiah is around IDR 13,247.

In a 24-hour span, the lowest price was recorded at $0.7753, while the highest price reached $0.8476. The price in BTC also showed a decrease of 2.1%, equivalent to 0.00009246 BTC.

Read also: How High Can the Price of Pi Network Rise If Listing on Upbit?

Pi Network’s market capitalization currently stands at approximately $5.47 billion, with a fully diluted valuation of $8.42 billion. Trading activity in the last 24 hours has been significant, with volume reaching $317.6 million.

Pi Network Core Team Needs to Act More Decisively

With the mainnet launch, Binance listing, and Pi domain auction delayed, members of the Pi community began to question the core team’s actions and urged them to improve their performance.

This was compounded by the Pi coin’s price dropping drastically, from $3 to just $0.82. Many community members felt that this turmoil occurred because the Core Team remained silent and did not provide important updates.

In addition, there are allegations that Pi’s core team has begun to deviate from their original promise of full decentralization, and is now attracting the attention of large institutions. Large corporations that handle billions of dollars in transactions every day certainly prioritize security and transaction speed over full decentralization.

With such divergent interests, it seems that the Pi Network core team has made a number of compromises in an effort to strike a balance between general user inclusion and global adoption.

One well-known community figure, Dr. Altcoin, had this to say:

“We should welcome collaboration between everyday users and large institutions. High-volume trading activity from businesses is what is needed to drive our utility, and will ultimately increase the price of the coin. However, the core team must also remain committed to rewarding the Pi community. Without this community, Pi Network would probably be just another one of the many commonecoin stories.”

What Will Happen to Pi Coin Price Next?

Despite strong community support, Pi Coin’s price continued to show a one-way decline until it hit $0.80 (3/27/25).

Read also: Bitcoin Holds Steady at $87K Today (March 27) — Is a Massive Price Surge Just Around the Corner?

Crypto analyst Moon Jeff even gave a bold prediction regarding the direction of Pi’s price movement. According to Jeff, the value of the token could potentially drop further to $0.60, which he considers to be the last important support level.

Nevertheless, Jeff remains optimistic about a recovery in Pi Coin prices. He predicts that if the price manages to bounce back from that level, it could trigger a spike up to $5.

A similar view was shared by Dr. Altcoin, who said:

“Let’s HODL and buy patience and Pi while it’s still available. Don’t be surprised if in the next few weeks Pi jumps to $3.14, or even hits $10 in the coming months.”

Meanwhile, recent reports also indicate that there are plans to list the Pi token on crypto exchange Upbit in the near future.

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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:

• Coingape. Pi Network: Why Is Pi Coin Price Down Another 12% Today? Accessed on March 27, 2025