Pi drops by 32% despite the announcement of an investment fund worth 100 million dollars
Sudden drop
The price of Pi currency has decreased by 32% in just 24 hours, despite the project's announcement of the launch of a $100 million fund to support developers.
Concerns over distribution and trading
The drop is attributed to concerns about the large supply volume and the absence of actual listings on major centralized platforms, which has affected investor confidence.
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