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Pi Network Launches $100M Ecosystem Fund as Token Struggles Below Key $1 Level
Pi Network Launches $100M Ecosystem Fund as Token Struggles Below Key $1 Level
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network Ventures has initiated a $100 million startup fund despite its native token failing to maintain the crucial $1 support level. The Pi Foundation’s investment arm plans to allocate 10% of total PI supply to drive adoption across AI, fintech, and e-commerce sectors, with most investments denominated in PI tokens rather than fiat.
Technical analysis shows weakening momentum following an 85% recovery from recent lows. The token’s repeated rejection at the $1 mark indicates persistent selling pressure from profit-taking and broader market corrections. The project continues ecosystem development through strategic long-term investments aimed at enhancing utility.
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