Pi Network’s $100 Million Fund Launch Sets Stage for Long-Term Growth Amid Market Volatility
Pi Network’s native token declined 3.5% to $0.7343 amidst broader market weakness, marking a 53% weekly loss. Despite short-term volatility, the project’s launch of a $100 million venture fund demonstrates strong commitment to ecosystem development.
The Pi Network Ventures initiative focuses on attracting developers and applications, which could establish fundamental support for the token. This strategic development coincides with Pi maintaining 24% and 13% gains over bi-weekly and monthly periods respectively.