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Cryptocurrency News Articles

Pi Network (PI) Price Today, April 30, 2025, Exhibits Significant Downward Movement

Apr 30, 2025 at 07:41 am

Jakarta, Pintu News – The Pi Network (PI) price today, April 30, 2025, exhibits significant movement amid volatile crypto market conditions.

Jakarta, Pintu News – The Pi Network (PI) price today, April 30, exhibits significant movement amid volatile crypto market conditions. The exchange rate of 1 PI against the Rupiah is of concern to investors and users, especially in recent days with the changing market sentiment and increasing selling pressure.

Check out the complete analysis below!

How much is 1 PI in Indonesia today?

The Pi Network (PI) price chart in the 1 day shows a fairly sharp downward trend. The price opened at around $0.6122 and experienced a gradual decline, reaching a daily low of approximately $0.573 before recovering slightly and stabilizing at $0.5793 by the close of the chart. The daily decline was recorded at 5.28%, reflecting the increasing selling pressure from the morning until the evening.

Trading volume in the last 24 hours rose 14.71% to $106.69 million, indicating increased market activity despite the price correction. Currently, the market capitalization of PI stands at $4.03 billion, with a total maximum supply of 100 billion PI, and an outstanding supply of approximately 6.96 billion PI.

In general, the chart reflects a weakening price movement since the beginning of the day, with volatility still relatively high. Analysis from the community on the right also suggests that PI has been moving sideways since mid-April, within a narrow range of $0.59 to $0.67, and that prices now approaching the lower boundary could potentially pose further downside risks.

Also read: 4 Memecoin Presale to Watch in May 2025

Pi Network on the Edge? Investors Turn to Coldware

This token’s price has come under immense pressure, and some analysts predict that we may continue to see the cost of the token fall in the upcoming period. The selling pressure on Pi is increasing, especially since its movement is precisely the opposite of Bitcoin. As the price of Bitcoin rises, the cost of Pi continues to weaken, now falling below $0.60 and approaching the support level at $0.55.

Crypto Investors Move to Coldware (COLD) As Pi Network Struggles

While Pi Network faces difficulties, another project, Coldware (COLD), is making waves in the Web3 world with its Layer 2 solution for Ethereum networks, offering faster transactions, lower fees, and privacy features that Pi Network lacks.

Notably, several whale investors participated in the Coldware presale, recognizing the long-term potential of this project.

With the rapid growth of Ethereum usage, the demand for solutions like Coldware to mitigate network congestion and high transaction fees is also increasing.

As Coldware secures strategic partnerships and gains broader adoption, it is set to become a major player in the blockchain domain. According to Cryptodaily, Pi Network is falling further behind due to its perceived lack of tangible benefits.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard 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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