Price of 1 Pi Network (PI) in Indonesia Today (4/29/25)
Jakarta, Pintu News – On Tuesday, April 29, 2025, the price of 1 Pi Network (PI) was recorded at approximately 9,800 IDR on several cryptocurrency trading platforms in Indonesia. Pi’s price movement has been a concern for many investors, especially following the launch of the Global Ambassador campaign by Pi Network.
Through this program, Pi aims to strengthen its global community and encourage wider adoption, despite the coin’s price experiencing market pressure in recent days.
So, what are the future trends of Pi Network? Check out the full review below.
How much is 1 PI in Indonesia today?
The current price of Pi Network (PI) is listed at $0.6089, representing a 1.18% decrease over the last 24 hours. When viewed from the daily chart, the price had strengthened to touch around $0.625 before finally turning down.
The price trend exhibited volatility, with an upward movement early in the day, followed by a sharp correction closer to noon and the afternoon local time.
In terms of fundamentals, Pi’s market capitalization stands at $4.24 billion, down 1.13% compared to the previous day. The trading volume over the last 24 hours experienced a significant increase of 23.25%, reaching $84.69 million, indicating a rise in transaction activity.
Currently, the outstanding supply stands at 6.96 billion Pi out of a maximum total supply of 100 billion Pi. Community sentiment towards Pi remains positive, with 88% of the 3.9 million votes expressing a bullish stance, compared to 12% who are bearish.
In the latest community update, it was mentioned that approximately 4.8 million PI tokens will soon be released to the market, potentially affecting the price dynamics in the next few days.
Also read: If XRP Reaches $15, How Much Profit Would I Make Investing $10,000?
Pi Network Launches Global Ambassador Campaign
In 2025, the crypto world is buzzing again, and Pi Network is taking center stage. After years of anticipation, the project finally launched its official mainnet earlier in the year.
The price of Pi shot up to $3, sparking a wave of enthusiasm among its community of more than 60 million people, known as “Pioneers.”
Capitalizing on this momentum, Pi Network launched the Pi Ambassador campaign, an initiative to build a global movement and push the coin’s value to new heights.
What is a Pi Ambassador Campaign?
The Pi Ambassador campaign is not just another promotional program. It is a strategic effort to achieve the Global Consensus Value (GCV), which is a target price of $314,159, a number inspired by the mathematical constant “pi”.
In this program, Pi appoints ambassadors in various countries. They are tasked with organizing events, building online interactions, and expanding the Pi community globally. The ultimate goal is to garner global support to strengthen Pi’s value in the market.
Experts Warn: Passion is Not Enough
According to Coinpedia, while the campaign is uplifting, experts caution that simply creating hype will not be enough to guarantee the future of the Pi Network.
Many analysts argue that without real-world use cases, Pi will struggle to compete in the increasingly crowded cryptocurrency industry. To date, critics have noted that Pi has yet to demonstrate a product or service that effectively showcases its real benefits.
Some have even likened the campaign to an MLM or Ponzi scheme, as it focuses more on expanding the network rather than building market liquidity, real demand, and real applications. Without such a strong foundation, there is a risk that the community spirit will fade over time.
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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:
- Coinpedia. Viral Pi Network Launches Global Ambassador Campaign Amid Price Crash. Accessed April 29, 2025
- Featured Image: Ebizmba
