Pi Network Price Plummets Despite Major Announcement

Pi Network’s price has experienced a significant drop following the recent announcement of a $100 million venture fund. The coin plummeted over 30% in a single day, falling below $0.90 after reaching an all-time high of $1.29 just hours earlier. This surprising decline occurred following the Pi Core Team’s introduction of Pi Network Ventures, which aims to invest $100 million into real-world applications for Pi technology.