Pi Coin’s Epic Crash: Did the $100M Fund Flop Spark a Crypto Crisis?
Pi Coin plunges 50% after a hyped $100M fund reveal flops! Can it recover, or is the dream over? Dive into the chaos now!
Pi Network’s native token, Pi Coin (PI), has cratered over 50% since May 14, 2025, tumbling from $1.56 to $0.84 after a much-hyped ecosystem announcement failed to deliver. The Pi Foundation unveiled a $100 million venture fund, Pi Network Ventures, to back startups in Web3, fintech, and AI, aiming to boost Pi’s real-world use. But traders, expecting a major exchange listing on platforms like Binance or a token burn to curb inflation, dumped the token in a classic “buy the rumor, sell the news” frenzy. Posts on X reflect frustration, with users lamenting the lack of decentralized apps (DApps) or immediate price catalysts.
What went wrong? The fund, while ambitious, offers no short-term boost for Pi’s utility or liquidity, leaving its 60 million users disappointed. Despite a 200% rally pre-announcement, fueled by Consensus 2025 buzz in Toronto, the token’s market cap shrank from $9 billion to $6.2 billion. Technicals suggest a possible recovery if Pi holds above $0.85, but a drop below could see it test $0.74.
For beginners, this shows crypto’s volatility—hype can inflate prices, but unmet expectations crash them. Pi’s long-term potential hinges on DApp launches and listings, but for now, caution is key. Will Pi rebound or fade? Share your thoughts below! Follow trafy.io for more crypto insights.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
