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coinpedia 2025-06-05 05:50:08

Pi Network Makes Futures Debut As $PI Perpetuals Go Live

The post Pi Network Makes Futures Debut As $PI Perpetuals Go Live appeared first on Coinpedia Fintech News Pi Coin is expanding its trading options and in a latest development, CoinCatch has launched a new perpetual futures trading pair, PIUSDT. It went live on June 4, 2025 and the new addition falls under the USDT-Margined Futures category. This listing allows traders to engage in perpetual futures trading of PI against USDT with up to 50x leverage. With no KYC or VPN needed, CoinCatch is making it simpler for users to access Pi Coin futures trading. $PI Perpetual Contracts now available on CoinCatch! @PiCoreTeam Ready to level up your trades? No KYC, No VPN needed Trade PIUSDT with up to 50x leverage https://t.co/SAkKigNFHk Learn more https://t.co/tgreu0H07c pic.twitter.com/prZz4ej36e — CoinCatch (@coincatchcom) June 4, 2025 CoinCatch also plans to continue expanding its offerings by introducing more cryptocurrencies and trading pairs in the future. This move follows similar listings on other platforms, such as Kraken Pro, which offered PI perpetual futures with up to 20x leverage. Back in February 2025, Gate.io had also introduced both spot trading and a USDT-margined PI perpetual contract with up to 50x leverage. These developments show a growing institutional interest in Pi Network’s token. Pi Dips 3% After Major Listing News Pi was recently listed on the MEXC crypto exchange, which was a big move for the project. The listing includes trading pairs such as PI/USDT and PI/USD1, the latter being a stablecoin backed by World Liberty Financial, a company with ties to the Trump family. Despite the major listing news, Pi’s price saw a slight decline, dropping 3% after the announcement. The token faces strong resistance near the $1 mark. If Pi breaks above this resistance, it could rise. Pi coin may continue to trade sideways unless there are positive catalysts. Analyst Dr Altcoin predicts that it could fall to $0.40 if the core team does not address these issues. The community concerns have reached such an extent that a recent poll on X about listing $PI on Binance got mostly negative replies. Users want the team to fix KYC bugs like blocked transfers due to pending verifications before any big listing moves. Pi Tests Key Resistance Levels Pi coin is currently trading at $0.649. Over the past 24 hours, the token has experienced a slight decline of about 0.3%, with a trading volume of around $53 million. Most technical indicators for Pi Network show a neutral to slightly bearish outlook.

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