Pi Coin Goes 🚀: Larry David Would Call This a “Pretty, Pretty Good” Mess

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So, Pi Network’s startup fund, Pi Network Ventures, decided to throw money at OpenMind, some AI robotics firm. 🦾 Because, you know, what’s more logical than a blockchain network investing in robots? Maybe they’ll finally build a robot that can explain crypto to my uncle.

Apparently, Pi Coin is up 29% this week. 🎉 Big whoop. It’s like my ex’s promises-looks good on paper, but let’s see how long it lasts. Breaking a bearish trend? Sure, Jan. Let’s not throw a parade just yet.

Pi Network Ventures: Because $100 Million Burns a Hole in Your Pocket

Back in May, Pi Network launched this $100 million Ventures thing. 🤑 Their goal? To make Pi Coin “useful.” Because, you know, it wasn’t before. 🤷‍♂️ Now they’re backing OpenMind, which is building infrastructure for robots. Because nothing says “decentralized future” like robots running on blockchain. 🤖

OpenMind said something about turning blockchain into “something useful and tangible.” 😂 Good luck with that. Also, they did a proof-of-concept where Pi Node operators ran AI models on their devices. Basically, they turned the Pi Network into a decentralized AI cluster. Or, as I like to call it, a fancy way to overwork your phone. 📱

“Pi’s 350,000-plus active nodes could handle meaningful AI workloads.” Wow, who knew? Maybe they’ll finally figure out why my Netflix recommendations are so bad. 🍿

So, Pi Network is trying to be practical now. 🤓 Prioritizing computational sharing over speculation. Bold move, Cotton. Let’s see if it pays off. Meanwhile, they integrated AI into their KYC process, verifying 3.36 million accounts. 🎊 Because nothing says “trust” like letting AI handle your identity. 🤖

Pi Coin: The Comeback Kid… Maybe

All this progress has Pi Coin up 29% this week. 🚀 It even hit a 5-week high before crashing 10.56% in a day. Classic crypto. 😩 Trading at $0.25 now. Big deal. My coffee costs more. ☕

Valour’s Pi exchange-traded product saw some volume growth. 🤑 Investors are sniffing around again. But let’s be real-crypto is like a sitcom: full of ups and downs, and you never know when it’ll get canceled. 📉

So, will Pi Coin keep going up, or will it face-plant again? 🤷‍♂️ Only time will tell. But hey, at least they’re trying. Unlike my attempts at cooking. 🍳

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2025-10-30 15:29