The Latest Major Update of Pi for Investors, Developers, and Gamers PI

The core team of Pi Network regularly announces ( or improves ) guidelines and updates for all users, and the latest guide, launched just a few hours ago, mainly targets gamers, developers, and PI investors. The article said that gaming in general and games built on Pi's network are particularly important for user engagement because they are "well-suited to provide fun, interactivity, and utility in the Pi ecosystem." The post emphasizes the launch of a new gaming application called FruityPi, "showing how integration with various Pi products such as Pi cryptocurrency, Pi Wallet, and Pi Ad Network can benefit developers." The post also promotes that this application can leverage what the project's community offers, such as registrations, attention, and the level of engagement mentioned above. The group also advises developers to integrate their new games with the Pi ecosystem, as this will allow them to leverage all of Pi's shared products and resources. If this application attracts Pi users, they should also "apply to Pi Network Ventures." As previously reported, Pi Network Ventures is a $100 million investment fund launched in mid-month, aimed at investing in startups that promote the utility of Pi in the real world. The price of PI continues to decrease. It's interesting that when the first group hinted at a major announcement to take place at the end of May (, which is on the 8th of May 5), the community quickly caught wind of the information and blew it up. As a result, the native token surged from $0.6 to about $1.7 within a few days. However, the price increase due to the hype only lasted for a short time and this asset began to depreciate even before the announcement from Pi Network Ventures was made. Since then, the price issues of PI have only worsened and the market-wide correction in the past 48 hours has not been helpful. In fact, PI has dropped 10% just in the last day and has returned to its original position of about 0.6 dollars.

Perhaps another reason behind the significant price decline is the increasing amount of locked PI tokens over the past few weeks. You can learn more about this here and why it may be a concerning trend for the future price volatility of PI.