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$100M VC Fund Fails to Stabilize Pi Coin Amid Investor Skepticism

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4 hours ago
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Pi Coin Drops Sharply After Consensus 2025
On Friday, Pi Network’s founder and CTO, at the Consensus 2025 event, Nicholas Kokkalis delivered the keynote address. He spoke about how AI and blockchain can work together to help more people use these technologies. Still, the market didn’t respond well. Just 24 hours later, Pi Coin dropped by 20%. This sharp fall created concern in the Pi community. Many users are beginning to question the team’s direction. Some even asked, “Is Pi Coin dead?”
Pi Coin now trades below $0.71, falling 19% in just one day. It has lost more than 50% from its May peak of $1.50. The token may drop back to its April low of $0.40, according to analysts. Trading volume jumped 30% to $552 million. This shows heavy selling pressure. Crypto expert Dr. Altcoin explained that without big news like a Binance listing, the downtrend might continue. Meanwhile, on-chain data shows 1.2 million Pi tokens were deposited into OKX, signaling more potential sell-offs.
Source: X
Earlier this week, the Pi Core team introduced Pi Network Ventures. This is a $100 million fund set up to help build new apps on the platform. The objective is to expand the Pi ecosystem and draw in developers. But the community is not convinced. Many say the announcement feels empty. They argue that the current platform lacks real use and has no strong base for DApp builders. Critics say the network is still far from ready and lacks serious adoption.
Dr. Kokkalis Shares Vision for Global Adoption
At the event, Dr. Kokkalis shared more about Pi Network’s future. He discussed how AI and blockchain can help solve everyday problems. He mentioned that Pi will focus on three main areas:
- AI and Blockchain Synergy: Using both technologies to bring real-world solutions.
- Global DeFi and Digital ID Tools: Building systems that can work across countries and meet daily needs.
- Achieving Decentralization: The network has now removed its central node. This step was taken to allow full autonomy for the platform.
Dr. Kokkalis also shared future ideas for how Pi Coin could be used in e-commerce, education, and healthcare. But the talk left many frustrated. No clear timeline was given for any of these ideas. The community is still waiting for the Open mainnet launch, which has faced repeated delays. Many users now say they are losing trust in the team.
Even after the speech, users say they want more than ideas. They want updates, progress, and action. The feeling in the Pi community is that the project has lost momentum. Despite the launch of a VC fund, users feel that it won’t make much difference unless real steps are taken fast. A roadmap without deadlines has only increased doubts.
Source: X
Dr. Altcoin Lays Out a Realistic Plan
Dr. Altcoin, a known figure in the Pi community, has shared a possible path forward. He gave a list of actions he thinks could help bring Pi back to life:
- The VC fund should become fully operational in 6 to 12 months.
- During this time, they should pick solid DApp builders and check their quality.
- After that, funds should be given to selected projects within 3 to 6 months.
- The goal is to develop high-quality apps that follow strong standards within 1 to 2 years.
- A major exchange listing would boost confidence and help the price recover.
Many people still hope Pi Coin can recover. But without clear steps, the trust is fading. The Pi Network started with a big vision. Yet, years later, people are still waiting for results. Right now, the price is falling, and the mood in the community is low. If the team wants to turn things around, they will need more than big speeches. They will need to show results.
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