PI Network slider continues as the main announcement called merchants

Pi Network Token continued to fall on Friday despite the positive development of ecosystems.

This week PI Network (PI) Much expected announcement failed to meet expectations. From Friday, 16. Maja, the token was reduced by 0.63% to $ 0.9062, marking a decline of 44% of $ 1.62 recent MultiSig. The instability seems to be the result of a hype not delivered.

8. Maja, Pi Foundation teased “the main announcement” It was discovered 14. May. The teaser leaned the sharp rally, and Pi increased over 200% at the end of the day to reach the highest level of March 2025. Years. However, after the announcements announced, markets announced, markets announced.

The discovery proved to be Pi Network Venture FundIt will invest $ 100 million into starting ecosystems. According to the Foundation, the goal is to speed up cases of use in the real world on the chain and increase the long-term value.

PI Network Shops Sale News

Although the announcement may occur positively from the point of view of development, traders apparently expected more. Almost immediately after the news was broken, the token decreased by over 50%. Several factors explain the sharp return. First, the input fund is a long-term initiative and does not provide any current support or price support for the token. Second, the announcement upgrade probably created unrealistic expectations.

This type of market reaction is often called “buy rumors, sell news”, a common pattern where investors run a sign in anticipation of Bullish news, just to sell out after announcing it to announce it.

For this reason, a network price correction is expected. However, the good news for PI is that the token stabilizes around the level previously, suggesting that instability can be normalized.