Price of 1 Pi Network (PI) in Indonesia Today (6/23/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia as of today, June 23, 2025, is still showing steady movement despite activity in the crypto market showing signs of tension. One of the main highlights is the huge spike in Pi Coin transfers to various global exchanges such as Gate.io and Bitget, which sparked fears of a potential massive sell-off.

With an exchange rate of around IDR 8,741 per PI, Indonesian investors are now increasingly wary and are starting to question the direction of price movements in the near future. This phenomenon reinforces the big question: Pi Coin’s full exchange, what’s really going on?

How much is 1 PI in Indonesia today?

At first, the price of PI moved steadily around $0.504, then experienced a mild increase towards the afternoon. However, the chart shows a sharp decline starting around 5pm, reaching a daily low around $0.4723 in the early hours of June 23. This reflected considerable selling pressure during the period.

Interestingly, after that low point, PI prices experienced a quick and sharp recovery. At around 8am, the price jumped significantly and broke the $0.51 mark again, before stabilizing slightly below it. This pattern suggests a potential “reversal” or trend reversal, which may be driven by massive buying activity or positive market sentiment.

Daily trading volume reached $117 million, up +51.76% from the previous day, signaling increased investor interest and participation. With a market capitalization of $3.79 billion and an outstanding supply of 7.49 billion PI, the token is showing active but not yet oversaturated market movements.

Additionally, community sentiment is very bullish with 88% positive votes, signaling high confidence in both the short- and long-term potential of the PI token.

Also read: Crypto Market Plummets, These 3 Memecoins Rising Fantastically!

Pi Coin Full Exchange, What’s Really Happening?

According to data from Piscan, currently more than 359 million Pi Coin is stored in exchange wallets. Of these, 168 million PI are on Gate.io, while 122 million PI are stored on Bitget. This indicates that these two platforms are the main destination for the transfer of assets from Pi Coin holders at the moment.

Gate.io became the exchange with the highest increase in deposits in the last 24 hours, receiving over 2.1 million PI (equivalent to ±Rp34.6 billion). Bitget followed with a deposit of 1.4 million PI or around IDR 23.1 billion. On the other hand, OKX experienced quite volatile movements; receiving 2.2 million PI, but also sending out 4.1 million PI, resulting in a net outflow of 1.9 million PI (equivalent to IDR 31.3 billion).

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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:

• Crypto Times. Pi Network’s Pi Coin to Crash? Exchange Balance Increasing Rapidly. Accessed June 23, 2025
• Featured Image: Coinpedia