Pi Coin Drops Today — But Is a 10% Surge Just Around the Corner?

Jakarta, Pintu News – As of April 28, 2025 yesterday, Pi Network had decreased by more than 4% and was trading at around $0.61. The movement tends to be flat, stuck between the resistance level at $0.68 and support at $0.617.

Based on technical charts such as Ichimoku Cloud and RSI, the market appears indecisive on its next direction.

Then, how will the Pi Network price move today?

Pi Network Price Drops 1.3% within 24 Hours

As of today, April 29, 2025, the price of Pi Network (PI) is recorded at $0.6083, a decrease of around 1.3% in the last 24 hours. If converted to rupiah at the current rate, which is $1 = IDR 16,786, the price of Pi Network to rupiah is around IDR 10,071.

In terms of price movement, PI has been in the range of $0.6041 to $0.6262 in the past 24 hours, showing moderate volatility.

Read also: 7 Advantages of Pi Network that can explode the price of Pi Coin, reveals an expert!

Pi Network’s market capitalization currently stands at around $4.23 million, with its fully diluted valuation touching $6.51 billion. Meanwhile, trading volume in the last 24 hours was recorded at $94.83 million, signaling that market interest is still quite strong despite price pressure.

Pi Network Price Potentially Surges 10%?

According to a report by Coinpedia (28/4), there is an important resistance level at $0.706 – if Pi is able to break this level, the price could potentially jump by around 10%.

Even so, Pi Coin is still down almost 80% compared to its highest price earlier this year, making it one of the worst performing assets today.

However, there’s something interesting going on behind the scenes. A crypto wallet called “GASW,” created on March 6, 2025, just bought 48 million Pi coins – and all of them are unlocked. This could indicate the involvement of large parties, such as corporations, institutions, or even governments.

Other Positive Factors

Binance, one of the largest crypto exchanges in the world, has just shared new guidelines regarding the token listing process, which immediately caught the attention of the crypto community, especially Pi Coin supporters.

With clearer rules in place for the addition of new tokens, many believe that Pi Coin’s chances of making it onto the Binance list are wide open.

On the other hand, the Pi Network team recently released their migration roadmap to increase transparency and address users’ concerns. Unfortunately, this update disappointed many as it did not provide important details, such as the number of users still waiting for migration or the daily migration capacity.

Read also: When will the price of Pi Network skyrocket? This is Dr.Altcoin Analyst’s Prediction!

Looking ahead, Pi Network is scheduled to be present at the Consensus 2025 event, potentially bringing big news and important updates to the Pi community.

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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. Pi Coin Price Drops 4% as New Whale Buys 48 Million Tokens: What It Means for Investors. Accessed on April 29, 2025