Pi Network Price Today March 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. Coin decreased when Pi development team has new features.
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, according to 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 slightly below the important $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 the $1.50 level and maintain stability, 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 currency.
First, the “.pi” domain auction allows users to own a personalized domain name by using Pi Coin to bid. 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 create more momentum for expanding the community and increasing 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 will likely continue to be under pressure in the coming time.
