Price of 1 Pi Network (PI) in Indonesia Today (5/6/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today is $0.58 or 9,720 IDR (at an exchange rate of $1 = 16,500 IDR), showing relatively stable movement amidst global crypto market pressures. Nonetheless, the debate about the next price direction is still ongoing.

In this context, the subtitle “Pi Network Price Prediction: Break the $0.50 Limit or Rise Thanks to BNP Paribas News?” raises an important question: Will PI continue to weaken due to declining trading volumes, or will it rise if the rumored partnership with BNP Paribas proves to be true?

How much is 1 PI in Indonesia today?

The chart above shows Pi Network’s (PI) price movement in the last 24 hours based on data from CoinMarketCap. As of now, the price of PI is at $0.5865, a decrease of 0.59% in a day.

The chart shows fairly sharp price fluctuations, with some brief upward momentum followed by corrections. The most notable movement occurred on the morning of May 6, where the price fell sharply to below $0.584 before recovering slightly.

Market capitalization stood at $4.13 billion, while trading volume in the last 24 hours stood at $37.94 million, down more than 40%, indicating a decline in transaction activity. Of the total supply of 100 billion PIs, about 7.04 billion PIs are already circulating in the market.

Community sentiment remains predominantly optimistic, with 88% of voters expressing bullishness. This indicates that there is still confidence in the PI’s long-term potential amid short-term volatility.

Read also: Antam Gold Price Chart Today May 6, 2025, How is the Movement?

Pi Network Price Prediction: Break the $0.50 Limit or Rise Thanks to BNP Paribas News?

In the last 24 hours, Pi Network’s trading volume has plummeted by 49%, leaving only about $34.95 million. According to CoinMarketCap data, this is one of the lowest volumes among the top 30 cryptocurrencies, reinforcing concerns that interest in Pi is waning.

Pi’s price at the time of writing is around $0.59, down 4% on the week and more than 80% lower than its February peak of $2.99. This decline coincides with weak momentum and resistance pressure in the $0.58-$0.60 range. Analysts warn that if Pi breaks the lower boundary of the current symmetrical triangle pattern, prices could fall to $0.40-potentially even to $0.10 if negative sentiment persists.

“The lack of listings on major exchanges and declining user activity are red flags,” said one market analyst. “Without a major trigger, Pi Coin’s value could continue to erode as traders’ attention begins to shift to other assets.”

BNP Paribas News: Real Opportunity or Just Speculation?

The Pi community was shocked by rumors of cooperation with a large French bank, BNP Paribas. A post from Pi Coin Magazine mentions that Pi will be integrated into BNP’s digital payment system through the “Pi Nexus Banking System” API.

However, BNP Paribas has not officially confirmed this to date, and further investigation suggests that the API was prepared for a range of potential partners—not evidence of official cooperation.

Some crypto community members have dismissed this news as “empty hope”. In fact, similar APIs were previously mentioned for integration with Apple Pay, PayPal, and Barclays, but none were actually realized.

Post the news, Pi prices remained flat. Technical indicators such as the RSI (Relative Strength Index) are also at neutral levels, at 42, and the 30-period moving average is still below the 200-period average – typical of a consolidating market.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Get a web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*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:

• Brave New Coin. Pi Network Price Prediction: Will Pi Network Break $0.50 Support or Rally on BNP Paribas News?. Accessed May 6, 2025
• Featured Image: Coinbackyard