Pi Network Launches $100M Venture Fund as PI Coin Enters Consolidation Phase
Pi Network has announced a $100 million venture fund aimed at supporting startups that integrate Pi Coin into real-world applications across AI, fintech, and e-commerce sectors. While this signals long-term bullish potential, the token’s price experienced a slight dip post-announcement, currently trading at $0.8701 with a 0.51% decline over 24 hours—though it remains up 18.33% weekly.
The Pi Core Team’s sale of 30 million tokens within 48 hours appears to be a liquidity mobilization MOVE for the fund, creating short-term uncertainty among traders. Market analysts are now closely monitoring whether the consolidation will deepen, with $0.7111 emerging as a key support level to watch.