Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, June 2, 2025, is observed to be in the range of IDR 10,500, reflecting the selling pressure that still haunts the market.
The drop comes amid growing investor concerns over the potential for further weakness, especially after crypto analysts predicted that PI prices could plummet to as low as IDR 6,500 per coin.
Another factor adding to the pressure is the scheduled massive token unlock this month, which could potentially flood the market with additional supply. With this combination of negative sentiment and technical pressure, investors are advised to be more vigilant in monitoring Pi Coin’s movements going forward.
The image above displays the daily performance of the Pi Network (PI) price on the CoinMarketCap platform, which is currently trading at around $0.6517-a slight increase of +0.54% in the last 24 hours.
The chart shows considerable volatility throughout the day, with the price movement briefly touching a low around $0.625 before recovering and experiencing a steady rise to a daily high above $0.655.
Despite a sharp decline in trading volume of 53.10%, reaching $95.22 million, community sentiment towards PI is still very positive, with 88% of voters expressing bullishness.
The current market capitalization stands at $4.73 billion, with a circulating supply of around 7.27 billion PI out of a total of 100 billion. This price movement has signaled consistent buying interest although it has not been driven by large volume spikes, and community discussions have begun to speculate whether the PI price will soon break $1, or wait for the next wave of utility adoption.
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Several cryptocurrency experts have revealed surprising predictions regarding PI price movements in the near future.
One of them, MOON analyst JEFF, said that if PI fails to maintain the support level around IDR 10,000 ($0.61), then the price will most likely return to the level of IDR 6,536 ($0.4). This is also echoed by popular crypto analyst Dr. Altcoin, who predicts that the recovery will only occur after August 2025.
Dr. Altcoin also emphasized that fundamental factors such as the reduction in the number of unlocked tokens can play an important role in price movements. Currently, investors are still worried about a large wave of unlocked tokens, as it could create selling pressure in the market.
However, he notes that from August, the number of tokens unlocked will be much smaller, which could give room for the price to rise. This prediction gives PI holders a glimmer of hope, provided the developers improve their strategy and expand the token’s utility.
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According to data from PiScan, 274.4 million Pi Coins are scheduled to be unlocked this June, with an equivalent market value of IDR 2.4 trillion ($169.4 million). This number creates the potential for high selling pressure as additional supply could potentially flood the market.
This unlock mechanism has historically been a trigger for price volatility in the crypto market, especially for projects that are not yet fully open to the public like Pi Network.
Interestingly, the number of unlocks will decrease significantly starting August 2025, only around 132.5 million PI worth Rp1.3 trillion ($81 million). This condition provides a technical opportunity for PI prices to stabilize or even rebound if supported by positive sentiment.
However, this also depends on the steps the development team takes to increase the utility and adoption of the project in real terms. Without a change in strategy, many analysts still doubt Pi Coin can break out of the bearish pressure anytime soon.
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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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