Pi Network Price Prediction: $100 Million Startup Fund Launch May Be the Spark That Finally Sends Pi to the Moon

The Pi Network price has fallen by 3.5% in the past 24 hours, dropping to $0.7343 as the cryptocurrency market as a whole declines by 3% today.

This now means that PI has plunged by 53% in the past week, although the altcoin holds on to a 24% gain in a fortnight and a 13% increase in a month.

And while the token has struggled this week, it has also welcomed some news that could point to steady growth for it in the future, namely the launch of its $100 million Pi Network Ventures fund.

This fund will provide support to developers and teams looking to bring new projects and apps to the Pi Network ecosystem, something which can only boost the Pi Network price in the longer term.

Announced on Wednesday, Pi Network’s X account also took the opportunity on Saturday to clarify the fund’s three main objectives.

As we can see from the tweet below, the fund’s underlying aims relate to boosting Pi Network’s utility and to encouraging more developers to build on it.

Pi Network Ventures was created with three core objectives. Learn more https://t.co/1trT1pyOez pic.twitter.com/5LqnzuPDSp

The fund could go some way towards combating earlier impressions that Pi Network was mostly a large-scale pyramid scheme with little going for it other than faddish popularity.

Yet it’s clear from the fund that PI’s team want the token and its network to offer genuine value, in order to boost and support demand more organically.

So far, the announcement of the Pi Network Ventures fund hasn’t done much for the Pi Network price, which as we can see from the chart below is on something of a low ebb.

However, its indicators suggest that it may be close to a bottom, and that the token’s price may soon recover.

For example, its relative strength index (purple) almost touched 30 over the weekend, and is now rising back towards 50.

Meanwhile, PI’s 30-period average (orange) is about to drop below the 200-period (blue), which again points to a bottom.

We could therefore see the Pi Network price rebound towards $1.50 by the end of the month, although one negative point is that volume is still relatively low, at $280 million.

That said, this is much higher than where it was in late April and early May, something which also suggests that PI is turning a corner.

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Let’s share your opinion in the comments below #PiNetwork #pinetwork24x7 #PiCoin #Bitcoin $Pi #Crypto #Binance pic.twitter.com/eQWHRAsjZV

Based on these factors, we could see PI reach $2 by Q3, and then end the year at around $3.

For those who don’t find PI entirely convincing, there are newer tokens in the market right now that arguably carry stronger fundamentals, and therefore a greater chance of bigger gains.

Some of these are presale tokens, which, under the right circumstances, can rally hard when they list for the first time.

This is something that could happen with MIND of Pepe (MIND), an ERC-20 token that has now raised an impressive $9.5 million in its presale.

Last chance to buy $MINDhttps://t.co/Co2K02Tpkb pic.twitter.com/DDNkhkf0B6

What’s interesting about MIND of Pepe is that it’s in the process of launching an autonomous AI agent, one which will interact with the market and social media in productive ways.

Firstly, it will process social media and trading data to produce market analysis, helping traders to make better investment decisions.

Secondly, it will also use its insight into prevailing trends to generate its own viral meme coins, which MIND holders will be able to invest in first.

This gives MIND lots of utility, with investors also needing the token to subscribe to MIND of Pepe’s market advice.

Holders will also be able to stake the token, making it potentially very profitable.

MIND’s presale ends in 10 days, but investors can still join by going to the MIND of Pepe website, where the token now costs $0.0037515.

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