PI Token Tumbles 32% Despite $100M Ecosystem Fund Launch

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-05-15 06:18:42

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network’s native token Pi experienced a dramatic 32% drop within 24 hours, falling to $0.8768 despite the Pi Foundation’s announcement of a $100 million venture fund. The decline from $1.30 to $0.8183 suggests market disappointment, potentially linked to unmet expectations of a major exchange listing.

Pi Network Ventures aims to drive adoption by investing in AI, gaming, FinTech, and blockchain startups. This Silicon Valley-inspired initiative failed to stem the sell-off, underscoring the crypto market’s preference for immediate liquidity over long-term ecosystem growth.

By:

Log in to Reply

SUI Takes a Breather After Rally as 21Shares Deal Seeks to Boost Adoption

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.