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Jakarta, Pintu News—The price of 1 Pi Network (PI) in Indonesia as of today, March 26, 2025, has decreased significantly and is trading at around $0.8. Investors are paying attention to this correction trend, especially after technical analysis from Trader’s Edge indicated short-term selling pressure.
On the other hand, Pi developers’ recently announced token reduction strategy has also begun to raise speculation regarding its impact on market price and liquidity going forward.
Check out the analysis here!
On March 26, 2025, the Pi Network (PI) coin price was recorded at $0.8225, having decreased by 11.62% in the last 24 hours.
The price movement chart shows a consistent downward trend from 12:00 noon the previous day until this morning. The highest point was around $0.9284, and it continued to weaken until touching $0.822 at the end of the period.
Other supporting data shows:
Despite the price pressure, community sentiment remains positive, with 89% of users being bullish based on over 3.8 million votes.
Interestingly, based on data from Oriole Insights posted by the Crypto King25 account, Pi Network was named “Coin of the Day” based on market sentiment. Pi ranked 12th with 190 positive predictions, 12 supporting media, and a Fear & Greed index of 56/100, which indicates that market conditions are quite stable.
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After launching for public trading over a month ago and quickly reaching $3, Pi Network (PI) experienced a 65% drop. However, recent trading patterns suggest the coin may have found stability above key support levels.
Technical analysts note that the PI/USDT pair has broken out of the descending channel, which could signal a trend reversal. If the price can maintain the trend line as support, there is potential to reach the first resistance level at $1.22. If this level can be supported, PI could try to break $1.50.
Read also: 4 Altcoins Crypto Investors are Hunting for April 2025
One of the main challenges faced by Pi Network is the continuous release of tokens, which creates selling pressure. However, reducing the number of tokens released daily from 13 million to around 3.8 million Pi has helped alleviate some of this pricing pressure.
According to data from Pi Scan, approximately 99.3 million Pi tokens worth around $91 million are scheduled to be released in the next 30 days, averaging around 3 million tokens per day. Pi Network has also burned 10 million tokens, reducing the total circulation to 6.77 billion, although this has not had a major impact on price stability.
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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:
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