Pi Network (PI) Price Drops 20% After Consensus 2025 Event

The Pi Network community was left shocked after the price of Pi Coin plummeted by more than 20%

Jakarta, Pintu News – The Pi Network community was left shocked after the price of Pi Coin plummeted by more than 20% on Saturday, May 17, dropping from its recent peak of $1.60 to just $0.7017.

This sharp drop came right after the euphoria of the Consensus 2025 event, where the Pi Core Team promised a thriving ecosystem and a full Mainnet launch.

However, a prominent Pi analyst known as Dr. Altcoin expressed serious concerns about what’s really going on behind the scenes-and what it could mean for millions of Pi users.

Then, how will the Pi Network price move today?

Pi Network Price Rises 7.6% in 24 Hours

On May 19, 2025, the price of Pi Network (PI) was recorded at $0.7454, having risen 7.6% in the last 24 hours. If converted to the current rupiah ($1 = Rp16,494), then 1 Pi Network is Rp12,294.

In the last 24-hour period, the price of PI moved in the range of $0.6895 to $0.7707, signaling considerable volatility but remaining in an uptrend.

Read also: Pi Network Price to Surge? Binance Teases with Pi Symbol!

With a market capitalization of over $5.35 billion and a fully diluted valuation of $8.23 billion, Pi Network continues to show traction among crypto investors. A 24-hour trading volume of $416 million reflects the high market interest in this asset.

Does the Pi Network Core Team No Longer Need Pioneers?

According to Dr. Altcoin, recent moves by the Pi Core Team suggest that they may no longer need the community that helped build the