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Jakarta, Pintu News—The price of 1 Pi Network (PI) in Indonesia today, April 22, 2025, is $0.6, which is equivalent to 10,094 IDR (the exchange rate of $1 = 16,800 IDR). This follows the global trend that tends to flatten.
Although Pi is currently stuck at a lower level after plummeting nearly 80% from its peak price, the opportunity for a rebound remains wide open. According to the latest analysis, four key factors could push the price of Pi Network to surge up to 365% to its highest level.
With the crypto market starting to show signs of revival, investors and the Pi community in Indonesia now have high hopes for the future of these digital assets.
Check out the full analysis below!
The Pi Network (PI) price chart over 1 day shows an overall downward trend. The price opened at around $0.6422 and briefly moved slightly up, but then experienced a gradual decline throughout the day.
Price movements were dominated by red, indicating greater selling pressure than buying interest. There were also several moments of volatility, with sharp price fluctuations, including one significant drop in the early hours of April 22 before prices stabilized. In the end, the price closed at $0.6345, a decline of 1.10% in the last 24 hours.
Trading volume in 24 hours was recorded at $87.92 million, down 15.64%, indicating reduced transaction activity. The market cap currently stands at $4.39 billion, and the total supply of Pi in circulation stands at 6.928 billion PI out of a maximum supply of 100 billion PI.
Sentimentally, the community appears to remain optimistic, with 88% of votes being bullish despite downward pressure on prices.
Also read: 3 Altcoins to Sell Before Trump Announces New Tariffs on Smartphones and Electronics!
Pi Network’s price has plummeted nearly 80% from its peak in February, wiping out more than $9.4 billion in market value – from $13.8 billion to $4.4 billion.
Currently, the Pi Network token is trading at around $0.6360 (as of Monday), and has stayed in that range since April 15. Pi’s position has also dropped, from being ranked as the 11th largest crypto, to 31st.
According to Crypto.news, in order to recover and reach its highest price again, at least four important things must happen:
As is often the case, altcoins usually rise when the price of Bitcoin rises. For example, many altcoins have scored their highest prices in months or years when Bitcoin has surged. So, Pi needs positive sentiment across the crypto market.
Currently, one of the main causes of selling pressure on Pi Network is the plan to unlock more than 1.5 billion tokens in the next 12 months. Each month, around 130 million tokens (worth approximately $83 million) will be released to the market.
Although the Pi team has tried to address this issue through an official statement, many people remain concerned because most Pi tokens are still controlled by “insiders”. Data shows:
This means that 35 billion tokens are in internal hands, while the remaining 65 billion tokens are for the pioneers (user community). This imbalance raises concerns of potential “manipulation” like the Mantra case.
Currently, Pi is mostly traded on exchanges such as Gate, Bitget, OKX, and MEXC. If Pi eventually makes it to major exchanges such as Binance, Coinbase, Kraken, or Upbit, there will likely be a big price spike (short squeeze).
For example:
If the Pi ecosystem gets more crowded – i.e. more apps, projects, and utilities in it – this could add to Pi’s appeal and drive demand for the token.
That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.
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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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Price of 1 Pi Network (PI) in Indonesia Today (4/22/25) – Pintu
