PI Token Faces Sharp Decline Despite $100M Ecosystem Fund Launch

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-16 04:52:15

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

Pi Network’s native token Pi has broken through key support levels, dropping to $0.86 on May 16—a 40% decline from its weekly high of $1.57 and 71% below February’s all-time high of $2.99. The sell-off occurred despite the Pi Foundation’s announcement of a $100 million venture fund focused on AI, gaming, fintech, and e-commerce startups.

While market participants had expected a major exchange listing to improve liquidity, the venture fund news triggered a ’sell-the-news’ reaction instead. The fund is designed to boost real-world adoption of Pi’s ecosystem, but traders remain doubtful about near-term catalysts for the struggling token.

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