Market Cap: $3.3157T -0.130%
Volume(24h): $111.5522B 4.820%
  • Market Cap: $3.3157T -0.130%
  • Volume(24h): $111.5522B 4.820%
  • Fear & Greed Index:
  • Market Cap: $3.3157T -0.130%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$105900.232772 USD

0.34%

ethereum
ethereum

$2606.657770 USD

1.10%

tether
tether

$1.000537 USD

0.01%

xrp
xrp

$2.260494 USD

2.95%

bnb
bnb

$661.864680 USD

-0.36%

solana
solana

$155.980406 USD

-0.21%

usd-coin
usd-coin

$0.999553 USD

-0.03%

dogecoin
dogecoin

$0.194279 USD

-0.30%

tron
tron

$0.270928 USD

0.84%

cardano
cardano

$0.684186 USD

-0.73%

hyperliquid
hyperliquid

$36.737891 USD

1.82%

sui
sui

$3.260860 USD

-2.70%

chainlink
chainlink

$14.197118 USD

1.28%

avalanche
avalanche

$21.248379 USD

0.37%

stellar
stellar

$0.274422 USD

1.15%

Cryptocurrency News Articles

Pi Network Token (PI) Plummets Over 25% After Launch of $100M Investment Fund

May 15, 2025 at 06:30 pm

Shortly after Pi Network announced the launch of a $100 million investment fund, the platform's token, Pi, plummeted over 25% within 24 hours

Pi Network Token (PI) Plummets Over 25% After Launch of $100M Investment Fund

After making headlines with the launch of a $100 million investment fund, Pi Network's token dropped more than 25% in 24 hours.

Following a period of anticipation, Pi Network announced a new investment initiative to support the utility and adoption of its native token. Commencing in the second quarter of 2024, the fund, denominated in both Pi and USD, will be investing in startups developing innovative use cases for the token.

The initiative, which is part of broader efforts to expand the Pi ecosystem, will be investing in startups across various sectors. In total, the fund is expected to support 20 startups over the next two years.

Announced on May 14, the initiative is part of broader efforts to expand the Pi ecosystem. As announced by the team, the fund will be investing in startups across various sectors. In total, the fund is expected to support 20 startups over the next two years.

Announced shortly after 1 a.m. EDT on May 14, the initiative is part of broader efforts to expand the Pi ecosystem. As announced by the team, the fund will be investing in startups across various sectors. In total, the fund is expected to support 20 startups over the next two years.

The startup investment program is part of broader efforts to expand the Pi ecosystem. Among other things, the team announced plans for a decentralized autonomous organization (DAO) to support the development of the Pi blockchain.

The post Blockbuster Announcement Backfires As Pi Token Tanks 25% In 24 Hours appeared first on Bitcoin News.

Continue reading Blockbuster Announcement Backfires As Pi Token Tanks 25% In 24 Hours at Bitcoin News.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 05, 2025