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Masih Baru dalam Crypto?
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Jakarta, Pintu News – Pi Network (PI) has experienced a 1% correction in the past 24 hours, reflecting the still high volatility of the crypto market. Currently, the Pi Coin price is around $1.65, with price movements in the range of $1.61 to $1.74 throughout the day.
Then, how much is the price of Pi Network in rupiah today? Check out the full review below.
At the time of writing (3/14/25), the price of Pi Network (PI) has recorded a decline of 1.6% in the last 24 hours, with the price of PI coin around $1.65. If converted to rupiah at the current rate, which is $1 = IDR 16,394, the price of Pi Network to rupiah is around IDR 27,050.
Read also: Pi Network Price Could Surge to $5, What’s Fueling the Increase?
During this period, the PI price moved within a range of $1.61 to $1.74, showing considerable volatility throughout the trading session.
Despite the slight decline, Pi Network still maintains a market capitalization of around $11.69 billion, with a fully diluted valuation (FDV) of $17.98 billion. Meanwhile, trading volume in the last 24 hours reached $506.36 million, reflecting the continued high investor interest in the crypto asset.
Despite Pi Network’s price drop today, Pi Network briefly crossed the $1.7 price level on Thursday (March 13), which is considered an important resistance point. This spike caught the attention of traders and investors as it was seen as a signal of further upside potential.
According to talk in the community, many traders attribute this price spike to increased confidence in the crypto asset, especially as the migration deadline approaches.
In the past week, PI Network recorded a price increase of over 53%, making it one of the best performing digital assets in the market. This increase in activity comes as many users are rushing to complete Know Your Customer (KYC) verification to secure their holdings before the final stages of migration.
Read also: Pi Network Prepares to Adopt a Pricing Mechanism, Pi Coin Potentially Breaks $5?
Market analysts think that if PI Coin manages to break the $1.7 resistance level, then it is likely that the upward trend will continue. If the buying pressure continues to increase, the price of PI Coin could soon test the resistance level of $2. In the last 14 days, this asset has not managed to return to this level.
If the upward movement continues and passes this point, PI Coin could potentially rally towards $5 in the coming weeks. In fact, some analysts project that the long-term price could reach $20, depending on how the market develops.
One of the main reasons for PI Coin’s price spike is the approaching KYC verification and Mainnet migration deadline on March 14. PI Network has reminded its users that unverified balances will be forfeited after that date, so many community members have started to become more active.
Many users who previously ignored this process are now rushing to complete their verification, ultimately increasing demand for PI Coin.
In addition, speculation about the possibility of listing PI Coin on the Binance exchange has also contributed to the price increase. Last month, Binance made an announcement to its community regarding the potential addition of PI Network to their platform.
Although the voting results show that 87.1% of participants are in favor of listing PI Coin on Binance, to date there has been no official announcement from the exchange.
With PI Coin holding above the $1.7 level, many investors believe that the price will soon test $2. If this momentum continues, the next target could be $5 to $10 before the migration deadline.
Read also: Hamster Kombat GameDev Heroes Daily Combo & Daily Cipher Update March 14, 2025
However, to push PI Coin towards $20, several key factors are required, such as a successful KYC process, increased adoption, and listing on major exchanges.
However, analysts advise investors to remain cautious, given that the PI Network ecosystem is still relatively volatile and not fully stabilized.
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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.
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