Price of 1 Pi Network (PI) in Indonesia Today (6/3/25)

Updated

June 3, 2025

Gambar Price of 1 Pi Network (PI) in Indonesia Today (6/3/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia as of June 3, 2025 shows a worrying downward trend amid increasing selling pressure around key support levels. After experiencing price fluctuations in the last 24 hours, PI is trading at around IDR10,600 (based on current USD to IDR conversion).

The bearish momentum became more evident when trading volumes declined dramatically, while community confidence began to weaken as the issue of project transparency resurfaced. These conditions raised concerns among investors regarding the Pi Network’s short-term direction in the global and local crypto markets.

How much is 1 PI in Indonesia today?

On June 3, 2025, the price of Pi (PI) experienced significant fluctuations within a single trading day. The chart started with a price around $0.6472, but entered a steep downward trend until it bottomed out below $0.63 around 6:00 PM.

After touching the nadir, the price began to gradually turn upwards and stabilized around $0.649, which was also the last recorded price.

Overall, the Pi price experienced a daily decline of 0.92%, with a daily trading volume of $85.39 million (down 10.20%). Despite this, community sentiment towards PI is very positive, with 88% of users being bullish, indicating an expectation of a price increase in the near future.

Pi has a market cap of $4.72 billion, with a maximum total supply of 100 billion PI, and a current circulating supply of 7.27 billion PI.

Also read: 3 Cryptos that Should Be Sold Before the End of June 2025

Bearish Momentum Increases Around Key Support

Pi Coin’s price has dropped to $0.604 over the weekend before recovering slightly to $0.6280. This decline has raised concerns of a broader correction, especially as technical signals are showing bearish indications across multiple timeframes.

According to Dr. Altcoin analysts, “If support at $0.6052 doesn’t hold, Pi could face a dramatic 40% drop-taking the price down to $0.40 by August.” This decline is further exacerbated by the release of 274.4 million Pi tokens in June-worth about $169 million at current prices.

The release of these tokens, which are listed on PiScan, is expected to increase selling pressure at a time when Pi’s crypto value is already under scrutiny.

Also read: 3 New Cryptos that Recorded Over 500% Gains in the Last 7 Days

Community Trust Weakens Amid Transparency Issues

The community’s trust in the Pi project seems to be fading, with growing frustration towards the lack of transparency from founders Nicolas Kokkalis and Chengdiao Fan. Dr. Altcoin, once a vocal supporter, has now become critical: “No one wants to invest money in something where the founders are not transparent.”

Although the bearish outlook dominates, opportunities for a short-term rebound still exist – provided certain technical conditions are met. Analysts are watching the $0.6052-$0.6280 support range.

A confirmed bullish reversal pattern in this zone, such as a Hammer or Morning Star, combined with increased volume and MACD convergence, could prompt a quick recovery towards $0.6585 or even $0.7054.

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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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