Price of 1 Pi Network (PI) in Indonesia Today (12/04/25)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia on December 4, 2025 has shown consistent weakness in line with global selling pressure and corrective crypto market dynamics. Despite its downward price movement in the last 24 hours, the asset continues to attract attention due to its large community and the adoption narrative that continues to build.

Pi Network’s underperformance in this period was influenced not only by technical factors, but also by weak market sentiment and token distributions that increased supply. However, despite the correction, some backers continue to view Pi as a project with the potential to recover, reflecting the optimism that persists despite high volatility.

How much is 1 PI in Indonesia today?

The chart displays the price movement of Pi (PI) in the span of the last 24 hours according to CoinMarketCap’s view. The price of PI opened at around $0.2353 before experiencing selling pressure that pushed it to move down gradually. After some minor bounce attempts at the start of the session, the chart showed a clearer downward trend towards the evening, characterized by some volatility points that formed deeper valleys.

Entering December 4, the price movement tends to be in the red zone with a pattern of lower highs and lower lows, reflecting the dominance of short-term bearish sentiment. Despite some intraday rebounds, the price remained under pressure and moved around $0.231 at the last point of the chart. This pressure is in line with a decline in daily trading volume of around 15 percent, indicating weakening market participation.

Meanwhile, the community sentiment indicator on the right panel shows that the majority of users (88 percent) are still bullish, despite price movements reflecting corrective conditions. Community analyst comments highlight that the recent decline was largely triggered by selling pressure and unlock tokens entering the market. With a market capitalization hovering around $1.93 billion and a circulating supply of 8.34 billion PIs, the chart illustrates a correction phase after a period of relatively stable price movement.

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Pi Network Performance Drop

Pi Network saw its market capitalization drop to $1.91 billion and trading volume fall by more than 16%. Pi coin’s failure to hold above the key resistance level of $0.25, which also aligns with the 0.618 Fibonacci level, added to investors’ concerns. This decline occurred despite the general positive trend of the crypto market.

Crypto commentator, Dr. Altcoin, stated that the Pi Network still looks slow in making progress. He highlighted that Protocol 23 is still in the testing phase, which raises doubts about the realization of major updates like PiDEX before the second or third quarter of 2026.

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Why some supporters are still optimistic

While many are pessimistic, some Pi community commentators still believe in the network’s long-term potential. They argue that Pi Network is actually solving a real problem facing the crypto industry today.

According to them, many blockchains have a big narrative but no real users. In contrast, Pi Network has real users, needs, and uses, which makes it one of the most underrated and misunderstood projects in the industry.

FAQ

What is the current price of Pi coin?

The current price of Pi coin is approximately $0.2297.

Why is Pi Network called the “Sleeping Giant”?

Pi Network is referred to as the “Sleeping Giant” because it has great potential that has yet to be fully realized.

What is Protocol 23 and why is it important?

Protocol 23 is an update being tested by Pi Network, which is important for its technological advancement and network features.

Who is CiDi Games?

CiDi Games is a developer focused on creating Web3 games, which recently partnered with Pi Network.

What are the expectations for Pi Network in the future?

Despite facing some challenges, growing partnerships and strong user activity provide hope that Pi Network can overcome obstacles and reach its full potential.

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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: Expert Says Sleeping Giant Fails to Wake as Stalled Protocol 23 Raises Doubts. Accessed on December 4, 2025
• Featured Image: Coingape