Why pi network move of $ 100 million did not reflect the price of pi

• Pi Network has started a $ 100 million fund to push Pi in the real world-but price has fallen.
• Restrictions continue to doubt the long -term credibility of the project.

Pi Network (PI) has launched a risk fund in the amount of $ 100 million, a backed 10% of his own supply of Pi coins, an attempt to shake off in a reputation of a masonry garden.

Fund targets the startups AI, Fintech and Web3 – a big step, at least on paper. But within 24 hours, Pi Coin fell over 30%, so the market went through the ambition?

Drinks: 100 m of deting for the actual world use

After months of limited visibility and slow movement, PI Foundation has announced Pi Network Ventures, a $ 100 million fund aimed at launching pi tokens in the real world.

Supported by 10% of the total PI supply, the fund will target early on startup series B in sectors such as AI, Fintech, E -TRGOVINA and consumer applications.

What is crucial, most investments will be invested in Pi, not Fiat, showing an obligation to grow ecosystems – but also asking questions about liquidity, risk and whether projects actually decide on tokens over traditional capital.

Price falls, oi cools

Despite the announcement of PI fund in the amount of $ 100 million on May 14, market feelings turned quickly. Pi has fallen over 30%in direct consequences, from highlights above 1 to about $ 0.88.

Open interest in Pi futures has decreased dangerously over the past week.

After reaching about $ 11.2 million on March 1, open interest rates have constantly fell to approximately four million dollars to March 19 – which is a significant reduction in retailers’ participation.

Although the price of pi tokens floated over $ 2.00 in early March, it has since dropped below $ 1.40. While Token saw a short jump around March 13, Price and Oi have since rejected in tandem.

Perhaps an earlier rally may be triggered by more short -term speculations than permanent confidence in the long -term pathway of the project.

The questions are lingering

The net network has built its huge user base – allegedly over 50 million – through a mobile mining application that has promised a future service.

The model of the closed network of the project has been criticized for lack of transparency and integration in the real world.

Although the new $ 100 million fund suggests the open adoption turn, skeptics claim that it may be more PI than progress.

Given that Pi Mainnet has just become open, questions about the intention and execution are likely to persist for a while.