On May 14, 2025, Pi Network’s native token, PI, took a steep 30% dive 📉, dropping from a daily high of $1.30 to a low of $0.8552 before settling around $0.92 😔. This sharp decline came as a shock, especially after the Pi Foundation unveiled Pi Network Ventures, a $100 million fund 💰 to support startups and boost real-world utility 🌍. The initiative, likened to a Silicon Valley venture capital firm, aims to back projects in blockchain, generative AI, gaming, FinTech, e-commerce, and more 🚀. Yet, the market’s reaction was icy ❄️, suggesting the announcement didn’t spark the excitement investors expected.
At press time, PI was trading at roughly $0.8405, teetering on a key support level at $0.85 📊. Analysts say holding above this could trigger a short-term bounce to $1.10 🙌, but slipping below might drag it toward $0.74 😬, especially with broader market jitters. X posts show mixed vibes, with some users pointing to ongoing sell-offs 📉 and others hinting at whales scooping up tokens 🐳, possibly eyeing a rebound. The token’s circulating supply and market consolidation between $0.70 and $1.00 add more twists to its price path 🔄.
This rollercoaster drop highlights the wild ride of crypto volatility 🎢 and raises questions about Pi Network’s ability to win back investor trust 🤔. As the project tackles transparency and decentralization concerns, the next few weeks will be make-or-break for whether PI stabilizes or faces further slides ⬇️.