How Much Pi Network Price in the UK Today? Here's the Analysis!

Bittime - Pi Network became one of the most anticipated at the beginning of this year. With the concept of mining or mining using a cellphone, users can save various resources.

If you want to try investing in $PI tokens with GBP (Pound Sterling) pairs, this article is right for you. Approximately how much does the Pi Network cost in the UK today? Read this article to find out!

Pi Network Price in UK Today 

Sumber: Coingecko

Currently, Pi Network price in the UK today is at numbers £1.07 per PI, up 0.3% from an hour ago and down 2.4% compared to the previous day.  

However, if we look at the weekly trend, the price of Pi Coin has decreased by 20.3% compared to 7 days ago.

Read Also: Pi Network: Interesting Facts, Tokenomics, and Price at Listing

Trading Activities and Pi Network Price in the UK  

Sumber: Coingecko

In addition to the Pi Network price in the UK, let's take a look at Pi Coin trading activity. In the last 24 hours, Pi Network's total trading volume reached £438.837.486 Pound Sterling.

Meanwhile, Pi Network's valuation is approx £7,712,252,695, with total supply reaching 11,115,417,265 PI. 

With maximum supply 100 billion PI, there is potential for growth pressure or selling pressure depending on market movements.

Pi Network Prices in UK Drop

Even though there is a slight increase in the last 24 hours, the price of Pi Network in the UK has decreased by up to 20% in the last 7 days, with prices reaching their lowest point in £1.25 and highest in £1.59. 

The decline in the price of Pi Coin is in line with the crypto market trend which is currently in the red. 

One of the reasons is investors' more cautious attitude ahead of the release of US inflation data (CPI). 

This data is very influence Crypto market sentiment, including Bitcoin, is expected to decline to $75,000 if inflation is higher than expectations.

Read Also: How to Buy Pi Network (Pi Coin) on CEX, Beginner's Guide!

Causes of Pi Network Price in the UK is Down

One other reason why the price of the Pi Networks in the UK are under pressure due to reports of large movements from Pi Core Team (PCT) Wallet. 

According to analyst Dr. Altcoins, as many 90 million PI moved from core team wallet on March 7, followed by 36.4 million PI the next day. This sparked speculation that there was a massive sell-off.

However, according to blockchain monitoring platforms PiScan, this transaction is just a routine distribution to users with different locking periods and is not directly related to the price decrease that occurs.

Pi Network Token Unlock 

Meanwhile, In next 30 days, precisely there are March 17 and 21, there will be a Pi Network token unlock, with more than 23 million PI will be released every day. 

Overall, approx 282 million PI, i.e. worth approx £390.93 million, will enter the market in a month. 

If there is not enough demand, unlocking these tokens could increase selling pressure and could result in the Pi Network price in the UK experiencing a further decline.

Read Also: Pi Network: Can Pi Coin ($PI) Price Break $500?

Prediction of Pi Network Price in the UK

According to analyst dare doing Rose Premium Signals, Pi Network price in the UK is currently in a crucial support zone at £1.05. If the price manages to stay at this level, there is potential for significant upside. 

The first price target is in between £2.40 to £2.60, which is parallel to the 0.618 Fibonacci level. If it is able to penetrate this level, the price of Pi Coin could rise further up to £3.00 or even £3.50.

Besides that, adoption in the real estate industry is capable help increase prices. Property company Zito Realty LLC announced that received PI as a means of payment, which can increasing demand for these assets.

Conclusion of Pi Network Price 

Pi Network price in the UK is currently at £1.07 per PI, but experienced pressure due to sluggish market conditions and massive sell-offs. 

With a large number of tokens unlocked, it is possible that volatility will remain high in the coming weeks. 

However, if the support level at £1.05 holds, the potential for a rise to £3.50 remains open. Investors should continue to monitor the latest developments and consider various factors before making investment decisions.

Read Also: Pi Network Price Prediction 2025 After Mainnet Launch!

Pi Network FAQs

What is Pi Network?

Pi Network is a crypto project that allows users to mine tokens directly from their mobile phones. The project is designed to be user-friendly and energy efficient compared to traditional mining methods such as Bitcoin.

How Does the Pi Network Work?

Pi Network uses a consensus model based on the Stellar Consensus Protocol (SCP) so users only need to open the application every day to mine. This activity does not drain the battery or device resources.

Is Mining Pi Network Tokens Free?

Yes, mining Pi Network tokens on the Pi Network app is completely free. However, users need to be active every 24 hours to press the "mine" button and maintain active membership in the network.

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Reference

Coingecko, Pi Network to GBP, accessed March 11, 2025.

Coingape, Pi Network Price May Hit $3.5 If Pi Coin Holds This Crucial Support, accessed March 11, 2025.

Author: IPR