Pi Network Price Holds at $0.34 Today – Could a “Sell the News” Pattern Drive Pi Coin Lower?

Jakarta, Pintu News – Dr. Chengdiao Fan, co-founder of Pi Network, is confirmed to be a speaker at the upcoming Token2049 crypto conference.

This news has again fueled speculation regarding a possible short-term price recovery of Pi Coin (PI) amid the ongoing downward trend.

Then, how is Pi Network’s current price movement?

Pi Network Price Drops 0.7% within 24 Hours

On September 10, 2025, the price of Pi Network was recorded at $0.3438, a decrease of 0.7%. If converted into today’s rupiah ($1 = IDR 16,484), then 1 Pi Network is IDR 5,667.

In the 24-hour period, the price of PI moved in the range of $0.342 – $0.3467, indicating relatively stable movement despite short-term fluctuations.

Read also: 3 Crypto Explodes Today, Number 1 Altcoin Up 70%!

Pi Network’s market cap stood at $2.76 billion, with Fully Diluted Valuation (FDV) reaching approximately $4.25 billion. Meanwhile, the last 24 hours of trading activity has been solid, with volumes reaching $30.69 million.

Pi Network’s Role in TOKEN2049 Trigger Price Increase Expectations?

In an official blog, the Pi Core Team confirmed that in addition to Dr. Chengdiao Fan’s speaking engagement, Pi Network will also be a Gold Sponsor at TOKEN2049, one of the largest crypto and blockchain conferences in the world.

The event brings together founders, executives, developers, investors, and regulators to discuss the state of the crypto ecosystem, future innovations, and global trends. This year, TOKEN2049 will be held in Singapore on October 1-2.

The Pi Network team highlights that Dr. Fan’s presentation will focus on the real utility of blockchain, dissecting current Web3 challenges while offering solutions to drive meaningful innovation.

This move is also seen as a way of strengthening Pi Network’s presence in the ecosystem, as well as demonstrating their commitment to forging wider connections with the Web3 space and the Pi community.

Dr. Fan’s participation provided an opportunity for Pi Network to showcase their vision regarding real-world applications, community growth, and the direction of broader blockchain adoption.

“Leading up to the event, more details about Dr. Fan’s session will be shared through Pi Network’s official channels. For now, confirmation of both sponsorship and founder participation is an important step in increasing Pi’s involvement in the global blockchain ecosystem,” the blog reads.

This development was met with optimism by the Pi Network community.

“My expectations? An update to the Pi Network roadmap, and now that Pi is in the market, insight into what the project is trying to accomplish in the next few years,” wrote a user named Dr. Altcoin.

Many are hopeful that this involvement could have a positive impact on PI prices, potentially even driving short-term gains.

Read also: Can Solana (SOL) Price Surge 40% and Hit a New Record High?

One Pioneer commented, “PI can be bought during the correction! PI’s founder will be at the October conference, and as usual, there will be a short-term price spike!”

Can the “Sell the News” Pattern Drive the Value of Pi Coin?

Another community member added that the price of Pi is likely to experience volatility in the 15 days leading up to TOKEN2049, following a pattern that has occurred several times before.

In comparison, the presence of Nicolas Kokkalis, co-founder of Pi, at the Consensus 2025 event in May, also triggered a price rally a few days before the event. However, shortly afterwards the price fell sharply, following the classic pattern of “sell the news.”

Meanwhile, on September 9, 2025, the value of Pi Coin had experienced a slight increase of 0.13%, although on a monthly basis it still recorded a 19.2% decline.

However, the increasing supply of coins on exchanges as well as the upcoming unlocking schedule could pose a threat to any potential price recovery. As such, while the TOKEN2049 event may trigger short-term price movements, its continued impact will largely depend on Pi Network’s ability to deliver tangible progress after the conference.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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:

• BeInCrypto. Is Pi Coin (PI) Poized for a Comeback? Clues Point to TOKEN2049. Accessed on September 10, 2025