The PI coin is rapidly below today, more than 20% is more than $ 0.69, indicating that the PI community was not affected by the declarations of the major ecosystem during the unanimous 2025. The PI Network revealed this week that the $ 100 million venture capital fund is now active for the startup building on the PI. However, this news failed to stabilize price action, in which the tokens shed billions in value.
PI coin gets crashed despite $ 100m VC fund news
At the time of writing, the PI coin trades at $ 0.69, which contains a 24 -hour trading volume of $ 572 million. This bounce in the volume is about 45%, pointing to panic selling as the market cap has come down from 6.72 billion to $ 4.93 billion within 24 hours.
According to the PI core team, $ 100m PI Network VC Fund The PI will be used to invest in AI, Fintech, Marketplace and other fields. Fund PI Foundation is supported by the reserve and has to support late stage startups to promote PI adoption in the real world.
The short -term market response is cruel that the fund tried to show long -term commitment to the core team.
Investors hoped that VC News would push the PI higher. But instead, the announcement made “SAIL-The-News” moment. ,
Pioneer community finds betrayal
After the announcement of $ 100 million VC fund on Wednesday, The leading community shouted ‘betrayal’ From PI Core Team. Dr. In the popular voice of Altcoin,
Today, the PI Core team’s announcement about PI Network Ventures is nothing short of betrayal for the pioneer community, many people who built the project from the ground in the last six years. We were waiting, we used to agree, and we contributed under the promise that the time was needed to develop a strong ecosystem with 100 real, functioning. Now, after six long years, we have been told that the core team’s environment still does not exist.
What’s next for pie coin holders?
Despite today’s decline, the PI network remains optimistic. The team claims that adopting the real world through the VC program will eventually bring permanent development. But for now, Bhavna remains delicate.
PI coin price Now a major support level sits. If the broad crypto market fails to rebound, the PI may test the lower areas. Nevertheless, long -term holders can see the $ 0.68 range as a possible entry point if the PI is confident in the ecosystem.
Unanimously at 2025 events on Friday, PI Network Founder and CTO Dr. Nicholas Kokalis gave a keynote speaker On availing AI and blockchain infrastructure to adopt the mainstream. Despite this, the price of PI Coin fell 19% within hours, again disappointed within the PI community.
Coyingop Staff
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Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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