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The value of Pi Coin decreased by 22% after Ulu Ventures supported the Pi network 🔥🔥🔥🔥🔥August 21, 2025
Ulu Ventures has added the Pi Network to its portfolio, and the price of Pi coin is at $0.3489, down 22% over the month.
Pi coin is facing downward pressure with a trading volume of $414.6 million on exchanges.
Despite the support of Ulu and the effectiveness of the recent Hackathon, the price of Pi may decrease further with the MACD volatility.
Pi Network received significant approval from Ulu Ventures, a key investor who added the cryptocurrency project to its portfolio, as crypto analyst Dr Altcoin shared on X.
#اقتصاد_رقمي #digital coins # urgent_crypto_news
Ulu Ventures, one of the top three companies supporting Pi coin in 2023, alongside 137 Ventures and Designer Fund, sees promising potential for Pi coin despite the difficulties it has faced recently. The price of the coin has settled at $0.3489, down 1% in one day, 10% in a week, and 22% in one month.
#wct $BTC
BTC
112,884.97
-0.51%
$XRP
XRP
2.86
-1.08%
$BNB
BNB
850.43
-0.12%
This step improves the morale of Pi investors, known for being entrepreneurs, especially with the recent Pi Network hackathon event aimed at making the network more useful. However, the road seems tough, with indications of further price declines.
Bearish signals for the Bai coin
Even with the support of Ulu Ventures, the price of Pay is still in a critical condition, settling at its all-time low of $0.33515, which it recorded two weeks ago, with only a 3.9% increase. More cryptocurrencies are accumulating on exchanges, as the Pi Scan index shows that the value of coins ready for sale amounts to $414.6 million, which often means that investors are looking to withdraw their investments.
Technical indicators are also not helpful. The daily chart on TradingView shows that the relative strength index for the Pay coin is at 37.25, stuck in a bearish zone despite a slight increase.
The convergence and divergence of moving averages also indicate an imbalance. With a bearish crossover forming as the MACD line approaches falling below the signal line, this may imply further price declines. While the support level may represent a vote of confidence, it may not be sufficient to quickly change the situation.
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