Price of 1 Pi Network (PI) in Indonesia Today (3/27/25)

Jakarta, Pintu News – The recently launched .pi domain auction by Pi Network’s core team has captured the attention of the global crypto community, including in Indonesia. In a short period of time, participation in this auction has skyrocketed, showing that enthusiasm for the Pi Network (PI) project has not died down.

Thousands of users competed for exclusive blockchain-based domains, becoming part of Pi’s growing ecosystem. This momentum not only revived community spirit but also opened up new opportunities for developers and businesses in the Web3 world.

How much is 1 PI in Indonesia today?

The price chart from CoinMarketCap for Pi Network (PI) over a period of one day (1D) shows that the price of PI experienced quite volatile movements but showed a recovery trend towards the end of the period.

The PI price opened at around $0.8196 and experienced a significant drop, bringing it to a low of around $0.76 in the early hours of March 27. This decline is clearly reflected by the red area of the chart, which shows the dominance of selling pressure in the last few hours before finally rebounding.

However, after hitting the low, the price gradually recovered and managed to break back above the opening level. At 9:00 am (UTC), the cost of PI was recorded as rising to $0.8228, showing a daily gain of 0.40%.

Daily trading volume increased by 20.81%, reaching $318.32 million, indicating growing market interest in PI. On the other hand, community sentiment also showed a predominance of optimism, with 89% of users showing bullish views, compared to only 11% who were bearish.

From a technical perspective, the breakout of this daily decline could be an early signal of a short-term trend reversal. If volume and positive sentiment continue, PI prices can potentially re-test psychological resistance above $0.85 to $0.90 in the near term.

Also read: 3 Altcoins that Crypto Whale Hunted at the End of March!

The .pi Domain Auction was a Huge Success: Community Reactivates

The domain auction held by the Pi Network core team has proven that the PI community is still very active. In less than a week, over 200,000 bids were recorded from around 40,000 unique bidders, competing for the 95,000 .pi domains up for auction. The total amount of Pi Coin that has been staked exceeds 3 million PI, with some domains selling for up to 30,000 PI.

Domains related to big names like Amazon and Samsung have even sparked fierce bidding wars. This shows that not only individual users but also businesses and developers are beginning to see the strategic potential in Pi’s blockchain ecosystem. The growing interest in these domains is seen as a positive sign for the network’s future growth.

Auction Funds for the Ecosystem: Support for Pi Developers and Apps

The Pi Core Team stated that all proceeds from the domain auction will go back into ecosystem development. The funds will be allocated to support the developer program, organize Pi-themed events, and expand applications within the Pi Network ecosystem. This is expected to create more real use cases to attract more users.

Apart from the auction, applications registered in the Pi ecosystem can also obtain .pi domains directly. However, like any other web domain, .pi addresses must be renewed regularly and can only be used through the Pi Browser. This strategy not only encourages the adoption of blockchain-based domain names, but also strengthens the internal utility of the Pi network itself.

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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.

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• Featured Image: Mudrex