Pi Coin Rises 3%, How Much is Pi Network to Rupiah Today (4/3/25)?
Jakarta, Pintu News – The price of Pi Network’s Pi coin has fluctuated sharply – at one point soaring to $2.98 before plummeting to $0.50, to the surprise of many.
On Black Monday, which occurred on April 7, 2025, Pi coin dropped more than 11% and was trading at $0.63. One of the reasons Pi Coin is struggling may be because it is not yet listed on major exchanges such as Binance and Coinbase, which limits its visibility and trading volume.
Then, how much is the price of Pi Network in rupiah today? Check out the full review below.
Pi Network Rises 3.6% in 24 Hours
As of April 8, 2025, the price of Pi Network has increased by 3.6% and is now trading at around $0.5914. If converted to rupiah at the current value, which is $1 = IDR 16,843, the price of Pi Network to rupiah is around IDR 9,937.
Read also: Pi Network Criticized for KYB Delay, PiDaoSwap Launches NFTs on Binance Chain!
In the 24-hour period, the Pi Network price moved from $0.5378 to $0.5993, showing a slight recovery amidst the selling pressure that still looms over the market.
In terms of fundamentals, PI’s current market capitalization stands at $4,043,364,920, with a fully diluted valuation of $6,220,545,348. Trading volume in the last 24 hours reached $369,453,880, reflecting that there is still considerable market activity despite the bearish conditions.
Quoting the CoinPedia page, here are suggestions from experts on why Pi Network will never be listed on Binance.
Limited Market Activity
According to a report from Bao Moi, Nguyá»…n HĂ Minh ThĂ´ng, founder of Ho Chi Minh City-based Cabo Capital, revealed the reason why Binance has not included Pi Token on its trading list.
The expert mentioned that while the Pi community may feel the project doesn’t need Binance, without recognition from major exchanges, Pi will continue to face doubts and struggle to achieve true market value.
The Pi Network mainnet has been active since late 2024, but it is still in a “closed” state, meaning that transactions are limited to within its internal ecosystem. Binance prefers projects that have a public and fully open blockchain to ensure transparency and market stability.
Unclear Tokenomics
Pi’s total supply is reported to be 100 billion tokens, but only around 6.8 billion are in circulation. The Pi Core Team is also known to have deleted 10 million tokens without a transparent explanation, raising concerns of possible price manipulation. Binance requires clear token distribution data to minimize risk.
Regulatory Issues
Binance is facing regulatory pressure globally, particularly in the United States where money laundering and financial compliance are very strict. Pi Network itself has not been officially recognized by any regulatory authority.
In Vietnam, crypto does not yet have legal recognition, and in China, Pi is even labeled as a “multi-level marketing” project. Listing Pi could expose Binance to legal risks.
Lack of Liquidity and Market Activity
To be listed on Binance, a token must have strong liquidity and high trading volume on major exchanges. Currently, Pi is mostly traded via OTC channels such as Telegram and some smaller exchanges (e.g. OKX, HTX) with volatile prices.
Binance prefers tokens that have undergone a real price discovery process on the open market.
The Problem of Centralization
Pi Network has been criticized for being too centralized, with all mainnet nodes controlled by the Pi Core Team. This goes against the principle of decentralization that major exchanges such as Binance hold dear, as applied to Bitcoin (BTC) and Ethereum (ETH).
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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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