Pi Network’s Futures Debut: A Bold Gamble or a Daring Disappointment?

Ah! What do we have here? Pi Coin, the ever-expanding token, is gracing us with a new flavor of trading options! In a latest twist of fate, CoinCatch—ever so obliging—has launched the PIUSDT perpetual futures trading pair. This thrilling spectacle went live on June 4, 2025, under the oh-so-glamorous USDT-Margined Futures category. Truly, the world is watching!

And what’s this? A delightful offering for traders to wager their hopes and dreams on PI against USDT, with the divine gift of up to 50x leverage. No KYC, no VPN, just pure unadulterated simplicity. A trade, a gamble, a roll of the dice! CoinCatch, ever the generous host, is simplifying the whole thing for us. How very thoughtful! 🎩

But wait—there’s more! CoinCatch has grand ambitions. It promises to expand its trading universe further by adding more cryptocurrencies and trading pairs in the future. Who knows what other cosmic delights await?

This little dance of perpetual futures follows a similar waltz on Kraken Pro, where PI futures were unveiled with a modest 20x leverage. Truly, a gentle warm-up. Then, in February 2025, Gate.io hopped on the bandwagon, introducing spot trading and a USDT-margined PI perpetual contract with up to 50x leverage. The excitement is palpable, no?

Pi Dips 3% After Major Listing News (Who Could Have Predicted?)

Ah, Pi coin! The beauty of ambition! Recently, it was listed on the MEXC crypto exchange, a bold step in its illustrious journey. With pairs like PI/USDT and PI/USD1 (backed by World Liberty Financial—quite the name, no?), it should have been cause for celebration. And yet, alas! The price of Pi took a slight dip—3%, to be precise—following this grand news. Who could have foreseen such a twist of fate?

And now, the token faces its nemesis: a robust resistance at the $1 mark. Will Pi soar to the heavens? Only if it breaks through this stubborn barrier. But, dear reader, unless some positive catalysts emerge, we may be in for more sideways trading. An analyst named Dr. Altcoin—who surely has a vast arsenal of wisdom—predicts a fall to $0.40 if the core team fails to address some pesky issues. Drama, thy name is Pi!

And the community, ah yes, they are voicing their concerns. A recent poll on X, asking whether $PI should grace Binance, was met with mostly negative replies. The masses demand KYC fixes—those pesky blocked transfers—before any more grand listings. Can the team deliver? Only time will tell!

Pi Tests Key Resistance Levels (Does It Pass? Probably Not Yet)

Currently, Pi coin is lounging at $0.649. In the past 24 hours, it has experienced a modest dip of 0.3%, with a trading volume of around $53 million. Most technical indicators for Pi Network are offering a neutral to slightly bearish outlook. Dare we say, the future is… uncertain? The plot thickens!

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2025-06-05 08:52