Pi coin price drops below $1 despite $100m pi network ventures launch. investors cautious as network growth slows.

May 16, 2025

The PI coin has experienced a slight decrease in value, dropping to $0.803 despite the recent launch of the $100 million Pi Network Ventures fund. This fund aims to support startups and increase the real-world usability of the PI coin. However, some bearish technical indicators suggest that the price of PI may continue to fall, potentially reaching $0.75 or even lower. This drop in price has been significant, with a 10% decrease over the past 24 hours. Despite this, Pi Network remains committed to promoting the growth and adoption of their coin and network