Pi Network Price Plummeted 8% Today: Will Pi Coin Trigger Altseason?

Jakarta, Pintu News – The overall crypto market is trying to bounce back after several days of bearish pressure. Bitcoin (BTC) is slowly climbing back above the $90,000 level, while Ethereum (ETH) is again trading above $3,000 – providing some relief after the previous sharp drop.

Amidst this slow recovery process, Pi Network’s native token, Pi, is still stuck below its important price range. Over the weekend, Pi was trading at $0.2461, with a market capitalization of around $2.05 billion.

Although there was a slight upward movement, the strength of the momentum still looks weak and has yet to show signs of a solid recovery. So, how will Pi Network price move today?

Pi Network Price Drops 8.0% in 24 Hours

On December 1, 2025, the price of Pi Network was recorded at $0.2284, a decrease of 8.0% in 24 hours. If converted to the current rupiah ($1 = IDR 16,660), then 1 Pi Network is IDR 3,805. In the last 24 hours, the PI price moved within a range of $0.2254 to $0.2489.

Read also: Pi Network Beats Bitcoin and Ethereum in November 2025, Here’s the Key Catalysts

This drop came amidst a high 24-hour trading volume of around $30,260,548. PI’s market cap is currently listed at around $1,903,040,390, while its fully diluted valuation (total asset value if all tokens are outstanding) stands at almost $2.93 billion.

Weak Volume Triggers Concerns

Although the Pi price showed a slight increase, the 24-hour trading volume on November 30 fell sharply by more than 35%, to around $23 million. This drop in volume indicates that while there is buying interest, market participants are not yet confident enough to push the price significantly higher.

Currently, analysts think that Pi should be able to maintain the support level in the range of $0.243 to $0.244 in order to maintain the short-term bullish structure. If this level is successfully maintained, Pi has the potential to continue its upward movement to $0.250, and could even touch $0.255 if there is a new flow of liquidity into the market.

There is also a possibility of a larger recovery towards the $0.30-$0.35 area. However, if it loses support around $0.27, the Pi price risks dropping back down to the $0.20 range, which would erase most of the recent gains.

Will Pi Trigger the Next Altseason?

A crypto commentator on the X platform (formerly Twitter) expressed an interesting view: that Pi Network could potentially be the trigger for the next big altseason.

According to the commentator, altseason is usually triggered by the emergence of a new powerful narrative in the market – and Pi Network is being called one of the biggest “new blockchain narratives” in recent years.

Read also: 4 Catalysts that Could Push Solana Prices Up to 80%

With millions of users who have passed KYC and are still waiting for a full launch, the upcoming launch of Pi DEX is seen as an important catalyst that could move the altcoin market at large.

Why Pi Network’s DEX Could Be a Huge Catalyst

According to some observers, Pi Network’s decentralized exchange (DEX) launch could become a major liquidity hub once it launches, thanks to its massive internal user base.

When large blockchains like Bitcoin and Ethereum are experiencing temporary bottlenecks or stagnation, capital often moves to new ecosystems that offer strong momentum or innovative technologies.

At the moment, market conditions strongly favor such a scenario. Bitcoin and Ethereum are in a stable phase instead of a strong rally, ETF approvals are delayed, and the next Ethereum upgrade is still full of uncertainty – all this creates space for traders to look for new opportunities in fresh projects like Pi Network.

The Perfect Storm for the Emergence of a New Narrative

The argument is that, if Pi launches its DEX at the right time like now, when the market is looking for new triggers, this project could be the initial spark of the next altcoin bull cycle.

However, whether this scenario will actually happen depends largely on three important factors: the quality of project execution, the timing of the launch, and the strength of buying momentum from the market.

FAQ

What is Pi Network (PI)?

Pi Network (PI) is an emerging cryptocurrency platform, which plans to launch a decentralized exchange (DEX) as one of its main features.

Why is Pi Network (PI) trading volume important?

Trading volume gives an idea of market activity. A decrease in Pi Network (PI) trading volume indicates a lack of confidence from buyers to push prices higher.

How can DEX Pi Network affect the altcoin market?

The DEX Pi Network is expected to become a large liquidity hub and provide an alternative when major blockchains such as Bitcoin (BTC) and Ethereum (ETH) stagnate, potentially sparking interest and investment in altcoins.

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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. Pi Network News: Can Pi Trigger the Next Altcoin Season?. Accessed on December 1, 2025