Hype Backfires? Pi Network Token Price Crumbles After Key Announcement

Shortly after Pi Network announced the launch of a $100 million investment fund, the platform’s token, Pi, plummeted over 25% within 24 hours, dropping to $0.85. Pi Network Accused of Creating Hype to Boost Token Price On May 14, Pi Network announced the launch of a $100 million investment initiative aimed at advancing the utility

Source: Bitcoin.com