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Pi Coin Value Drops 33% After New $100M Fund Announcement

  • Pi Coin value dropped by 33% following the announcement of a $100 million VC fund.
  • Community members of Pi Network expressed frustration over the lack of working apps despite their contributions.
  • The Pi Core Team's focus on a VC fund led to a decrease in Pi Coin's value from $1.40 to below $0.88.
  • Despite the launch of Pi Network Ventures, concerns remain regarding the absence of tangible rewards and development progress on the network.

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