Pi Network Price Today 3/16/2025: Price Drops With New Features
Pi Network price today 3/16/2025 decreased by 2.6% compared to yesterday, currently at 1.45 USD. The coin decreased when the Pi development team had a new feature.
Pi Network Price Today
Pi price on OKX exchange on March 16, 2025 is fluctuating around the price from 1.43 USD to 1.56 USD (equivalent to 36,420 VND to 39,790 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 2.6% compared to yesterday, reaching 37,030 VND
Pi Coin is currently trading just below the key $1.50 threshold. Despite the market weakness over the weekend, the coin has maintained a price above $1, indicating some support.
Experts believe that if Pi Coin can break through $1.50 and stay stable, the price could surge to $2 or higher. However, in the past 24 hours, the coin has dropped by 10%, largely due to issues related to the token transfer system.
Coins Drop as Pi Development Team Releases New Feature
To expand the ecosystem, the Pi Network development team (PiCoreTeam) has announced three important initiatives to promote the development of this coin.
First, the “.pi” domain auction allows users to own a personalized domain name by bidding on Pi Coin. The auction runs from March 14 to June 28, 2025, with a starting price of 10 Pi. The highest bidder will win ownership of their domain name.
Second, PiFest – Pi Coin Shopping Festival takes place from March 14 to March 21, 2025. This is an event that helps users use Pi Coin to shop globally, with the participation of more than 100,000 businesses. Currently, 49,000 stores have been listed on Map of Pi, a platform that locates businesses that accept Pi payments.
Third, Pi Network also decided to remove the pre-approval requirement for developers, making it easier for more applications to join the ecosystem. This could further motivate the expansion of the community and increase the applicability of Pi Coin.
Despite many positive updates, Pi Coin price is still in a downtrend. The uncertainty in the token withdrawal process, along with recent incidents, is causing investors to worry. If the technical issues are not resolved soon, Pi Coin price is likely to continue to be under pressure in the near future.
