Pi Coin Slips 2% Today — Is a Shocking Surge to $10 Still on the Table?

Jakarta, Pintu News – The Pi Network community is facing a difficult time after the price of its main token recently dropped below $0.50, even briefly touching $0.40.

This sudden drop sparked panic among token holders, with many confused about whether to sell or wait for a recovery.

However, the price has now risen again, as PI recorded a 6% increase in June 15, 2025.

This price drop comes after weeks of no meaningful progress from the Pi Core Team. While they had previously promised major updates and ecosystem development, no significant updates have been delivered. This has left investors disappointed and caused the token price to stagnate.

Pi Network Price Drops 2.3% within 24 Hours

On June 16, 2025, the price of Pi Network (PI) was recorded at $0.6017, a decrease of 2.3% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,304), then 1 Pi Network is IDR 9,810.

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Over the past 24 hours, the price of PI has moved between $0.5949 and $0.6201, reflecting high volatility.

Pi Network’s market capitalization currently stands at $4.48 billion, while its fully diluted valuation stands at $6.89 billion. With a 24-hour trading volume of $80.84 million, it appears that PI buying and selling activity is still quite active, despite the price decline.

Can the Pi Price Reach $10?

Although Pi Network’s price has recently dropped below $1, many community members still believe it could one day reach $10. Currently, Pi Network has over 70 million registered users (referred to as Pioneers). This is a huge number for a cryptocurrency.

If even a fraction of this community starts using Pi for everyday payments, online shopping, or services within the Pi ecosystem, then the demand for these tokens could increase – and when demand goes up, the price usually goes up too.

Currently, most of the Pi tokens that have been mined are still locked or awaiting the migration process. This means that not many tokens are freely available for trading.

If supply remains limited while demand grows due to new applications or business partnerships, then the price of Pi could naturally increase over time.

Analyst Dr. Altcoin said, “For Pi to be of practical use in the Pi Ecosystem, its price needs to reach at least $10.”

Read also: Pi Network Price Plunges 35%! Prints All-Time Low Amid Market Turmoil

Geopolitical Factors Add Pressure

Part of the recent crypto market decline has also been attributed to rising geopolitical tensions, particularly the conflict between Israel and Iran.

The escalating situation – including military attacks and the loss of key figures – has created uncertainty in global markets, including crypto.

Like other altcoins, Pi follows general market trends – but some community members have criticized the token for tending to mimic negative market movements without benefiting from uptrends.

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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. Can Pi Network Price Hit $10? Accessed on June 16, 2025