The $100 million VC fund for DApp development faces criticism as PI continues its downward trend from the $1.67 peak.
Technical indicators show bearish sentiment with MACD below the signal line and price breaking major EMAs.
Dr. Kokkalis shared a vision of AI and blockchain integration at Consensus 2025, but PI coin price fell by 20%, causing negative community sentiment.
Despite a million-dollar venture announcement for DApp development, PI faced criticism for slow adoption, and technical indicators suggest further downward pressure on the PI token price.