Price of 1 Pi Network (PI) in Indonesia Today (6/16/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) today, June 16, 2025, is around $0.6043, based on the latest data from CoinMarketCap. Despite a slight decline in the last 24 hours, the community’s enthusiasm for this crypto asset remains high.

With a stable market capitalization and considerable trading volume, PI continues to be one of the digital assets that attract the attention of investors, especially in Indonesia.

How much is 1 PI in Indonesia today?

The price chart above shows the movement in value of the Pi Network (PI) cryptocurrency in the last 24 hours. The current price of PI is $0.6043, a decrease of 0.95% in one day.

Visually, the chart depicts an initial trend that had strengthened (green zone) in the morning to afternoon, where the price touched a daily high around $0.6202.

However, into the late afternoon and early evening, the charts showed a significant drop (red zone), with prices briefly touching a daily low around $0.5943 before rebounding slightly towards the end of the session.

The 24-hour trading volume was recorded at $71.46 million, a drastic drop of 34.87%, indicating a decline in market activity. Despite this, community sentiment remains positive, with 88% of voters expressing a bullish view on the near-term movement of PI.

Also read: 5 Potential Memecoins According to Crypto Bubble

Pi Network’s .pi domains are selling well, but where are the projects?

Pi Network recently launched an auction of .pi domains that received rave reviews from its community. However, the question of the domain’s actual use is still up in the air.

The auction, which starts around Pi Day in 2025, allows Pi users, called “Pioneers”, to bid on a special domain name ending in “.pi”. This domain name is envisioned not only as a digital collection, but also as a fully functional Web3 identity within the Pi ecosystem.

Significant Changes in .pi Domain Auctions

Since its launch, the .pi domain auction has seen a significant increase in participation. Pi Network has separated this auction from Pi Wallet and made it a separate app. This move has allowed the team to add new features such as a live stats page that displays the domains with the most bids, highest prices, and recent bidding trends.

A neater interface and email notifications coming soon are also part of this update. However, despite increased community participation, many activities are driven by domain speculation.

Many bidders are chasing generic names and brand-adjacent terms, a pattern similar to what happened early in Web2 and with the Ethereum Name Service . This raises concerns that most domains are being bought for resale, not for development.

Also read: Top 3 NFT Sales According to NFT Price Floor

Pi Core Team Concerns and Hopes

The Pi Core Team has recognized this trend of speculation and made it clear through a recent blog post that .pi domains should be used as web addresses for real applications and services built within the Pi network. They want this domain to be used for online stores, blogs, or other tools that users can utilize.

The team plans to steer the project in a more productive direction by developing tools that make app creation easier for domain holders, including a simplified authoring interface, notifications, and integration features. However, to date, these tools have not been launched.

This raises the question of when and how these domains will evolve into actual work products, rather than just digital real estate.

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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:

• Crypti Times. Pi Network’s .pi Domains Sell Fast-But Where Are the Projects? Accessed June 16, 2025
• Featured Image: Coin Central