Jakarta, Pintu News—The price of Pi Network (PI) today, March 11, 2025, is $1.37, a decrease of 2.55% in the last 24 hours. Although it still has a strong community, Pi Network continues to face controversy, especially after Bybit’s CEO, Ben Zhou, claimed that the project is more dangerous than meme coins.
Zhou even alleges that Pi Network has a Ponzi scheme-like pattern, as it attracts many users without transparency regarding its economic value. With constantly fluctuating prices and skepticism from crypto experts, is Pi Network still worth a long-term investment?
Check out the full analysis below!
Today, March 11, 2025, the price of Pi Network (PI) is listed at $1.37, a decrease of 2.55% in the last 24 hours. Although it briefly touched a high of $1.46, the PI price dropped and hit a low of $1.30 before stabilizing around $1.37.
Pi Network (PI)’s market capitalization currently stands at $9.91 billion, down 2.72%. Its trading volume in the last 24 hours reached $593.31 million, experiencing a significant decline of 38.47%. Community sentiment is still very positive, with 90% bullish votes versus 10% bearish, signaling that most investors are still optimistic about PI’s future prospects.
The price chart shows a fairly volatile up and down movement pattern in the past day. After rising to $1.40, the price of PI experienced considerable selling pressure, causing a correction to below $1.35 before trying to hold at current levels again. This trend reflects market uncertainty, where investors still seek a balance between buying and selling.
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Reporting from VNExpress International, Bybit’s CEO, Ben Zhou, revealed that many people asked whether Bybit would list the Pi Network (PI). However, after a basic evaluation, he feels this project still has many big question marks.
Zhou highlighted the Pi Network development team’s lack of transparency, saying:
“It’s hard to find out who is really behind this project. They claimed it was someone from Stanford, but we never saw or heard them speak directly.”
He also criticized the project’s claim that users can make money just by pressing a button on their app without explaining how the system generates real economic value.
Also read: Pi Network Price in Rupiah Today (March 11, 2025) – How Much is PI Worth?
In his critique, Zhou mentions that Pi Network has a Ponzi scheme-like pattern, where new users fund profits for existing users. According to him, Pi is more dangerous than meme coins such as DOGE and SHIB, which are at least known as speculative assets with high volatility.
He added that meme coin users understand the risks and take responsibility for their decisions. Meanwhile, many people are getting involved in Pi Network without understanding how the project works, which could lead to huge losses later on.
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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:
Price of 1 Pi Network (PI) to Dollar Today (11/3/25) – Pintu
