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Image Credit: Cryptopotato

Pi Network News Today: May 23

  • Pi Network recently announced a $100 million initiative, called Pi Network Ventures, to invest in startups and businesses to enhance Pi's progress and adoption.
  • Kraken has started supporting PI perpetual futures trading with up to 20x leverage, expanding the trading options for the coin.
  • The number of PI tokens stored on exchanges peaked at almost 400 million, showing a recent decline as investors might be shifting away from centralized platforms.
  • Currently priced at around $0.78, PI has seen a 10% weekly decline and remains optimistic about potential price surges despite upcoming token unlocks that could affect prices negatively.

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