Price of 1 Pi Network (PI) in Indonesia Today (7/4/25)

Jakarta, Pintu News—The price of 1 Pi Network (PI) in Indonesia today (7/4/25) continues to be in the spotlight after experiencing a sharp decline in recent days. A negative sentiment is currently enveloping the global community, including in Indonesia, as the token price drops to its lowest point since launch.

Amid this uncertainty, the Pi Network community began to fight back. One of the biggest actions came from Pi Network Turkey, which voiced its disappointment with the project’s direction, which was considered to deviate from the principles of decentralization.

They highlighted key issues such as the delayed launch of the open mainnet, lack of transparency, and lack of real partnerships.

This triggered a wave of protests that began to spread to the international community, reflecting growing distrust of the project’s sustainability.

How much is 1 PI in Indonesia today?

The Pi (PI) coin price is currently sitting at $0.5865, having experienced a sharp decline of 12.48% in the last 24 hours. The price chart shows a fairly consistent downward trend since trading began the previous day, where the daily high briefly touched around $0.6738, before eventually slipping to a low of $0.5869.

Pi’s market cap is currently $4.01 billion, down 11.87%, while its 24-hour trading volume has also seen a significant 69.67% drop, standing at $459.2 million. This indicates high selling pressure, which is likely triggered by the overall crypto market sentiment that is undergoing a correction.

The maximum supply of Pi remains at 100 billion PI, with 6.848 billion PI already in circulation. The current volume-to-market cap ratio is 11.4%, reflecting a decline in daily trading activity compared to total capitalization.

Despite this, optimistic views still dominate community sentiment, with 88% bullish and only 12% bearish, according to voting results from over 3.9 million users. This shows that most of the community still believes in the long-term potential of the Pi Network project, despite the price correction.

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Token Price Plummets, Pi Network Community Starts Fighting Back

The Pi Network community began to show growing frustration after the PI token price hit an all-time low. Many users started to question the direction and future of the project.

On April 3, Pi Network Turkey, the largest community of project supporters in the region, released an official statement accusing the development team of ignoring users’ voices.

According to them, developers are currently taking a more top-down approach, which is contrary to Pi Network’s original principle of decentralization.

In their statement, they wrote:

“The things that once excited us are now just a disappointment. What kind of conscience can so easily sacrifice people’s trust and hope? What kind of morals can ignore the hard work, time, and dreams of so many people?”

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Key Issues

In its briefing, Pi Network Turkey raised several key concerns, including:

• The open mainnet launch continues to be delayed with no time certainty.
• Lack of transparency regarding project finances and partnerships.
• Unclear information about the available DApp (decentralized application) ecosystem.

They also mentioned that there has been no real business integration, and the community’s trust is diminishing due to unfulfilled promises.

As a form of protest, this community invites users to take the “unfollow protest” action: stop following Pi Network’s official accounts on various platforms and publicly voice their disappointment.

They also threatened to take further action, such as giving the Pi Network app a one-star rating and starting a social media campaign with the hashtag #PiNetworkProtest, if their demands were not met.

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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:

• Cryptoslate. Pi Network faces community backlash as token price hits record lows. Accessed April 7, 2025
• Featured Image: Coin Central