Ah, Pi coin, that digital chimera, has taken a rather undignified tumble today, hasn’t it? A precipitous plunge, one might say, of over 20% – landing it, with a resounding thud, at a paltry $0.69. One almost feels a pang of… amusement? 🤔 It appears the Pi community, bless their cotton socks, remained utterly unimpressed by the grandiloquent ecosystem announcements made during Consensus 2025. The Pi Network, in a flourish of trumpets and digital confetti, revealed the activation of their $100 million venture capital fund – a sum that, in these garish times, barely buys you a decent yacht. And yet, this news, this supposed panacea, failed to arrest the price action, resulting in the shedding of billions in ephemeral value. A veritable confetti shower of losses! 🎉
Pi Coin Crashes Despite $100M VC Fund News – a headline that practically writes itself, wouldn’t you agree? At the time of this utterly captivating prose, Pi coin languishes at $0.69, accompanied by a 24-hour trading volume of $572 million. This surge in volume, a veritable tsunami of transactions, represents an almost 45% increase, hinting at a rather unseemly panic selling. The market cap, once a respectable $6.72 billion, has shrunk to a mere $4.93 billion within 24 hours. Oh, the humanity! 😱
As per the Pi Core Team, those paragons of digital virtue, the $100M Pi Network VC fund will be deployed to invest in AI (because every crypto needs a dash of artificial intelligence, doesn’t it?), fintech (the art of parting fools from their money, digitally), marketplaces (where one can purchase, perhaps, a slightly used digital unicorn), and other sectors integrating Pi. The fund, naturally, is backed by…
Read More, if you dare, at Coingape.com. But be warned, reader, for within those digital pages lurks the abyss of financial speculation. 😈
Read More
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
- All 6 ‘Final Destination’ Movies in Order
- Clair Obscur: Expedition 33 ending explained – Who should you side with?
- Netflix’s ‘You’ Season 5 Release Update Has Fans Worried
- 30 Best Couple/Wife Swap Movies You Need to See
- Clair Obscur: Expedition 33 – All Act 3 optional bosses and where to find them
- PENGU PREDICTION. PENGU cryptocurrency
- Franklin Templeton’s 2025 Crypto Predictions: BTC Reserves, Crypto ETFs, and More
- Eric André Was ‘Sniffed Thoroughly’ by a Dog and Unethically ‘Detained’ at the Melbourne Airport
- Marvel Announces What If? Season 3 With Phase 4 Characters Moon Knight, Shang-Chi, Iron Heart And White Vision During D23 Expo; DEETS
2025-05-17 15:06