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Pi Token Faces Downward Pressure as $100M DApp Fund Draws Criticism

  • 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.

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