PI Network Falls Below $1 Despite $100 Million Startup Fund Launch

PI is down 17% in the last 24 hours, falling below the $1 mark despite the Pi Foundation’s announcement of a $100 million startup fund. The newly launched Pi Network Ventures aims to boost real-world adoption by investing in companies integrating PI into AI and fintech sectors. While the initiative has sparked ecosystem excitement, technical indicators are flashing warning signs. Momentum is weakening across several signals, suggesting that profit-taking and broader corrections may already be underway source: https://beincrypto.com/pi-network-falls-despite-100-million-fund-launch/