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Pi Network News: Pi Coin Gains 80% as Futures Trading Launches

Published by
Zafar Naik

Pi Network is back in action with an impressive 80% surge, now trading at $0.7556. If you’ve been watching from the sidelines, now’s the time to take a closer look—things are changing fast. The market sentiment around Pi is shifting, and the coin seems to be gaining serious momentum.

Pi Network’s Growing Potential

The crypto world is starting to see the true potential of Pi Network. What started as a mobile-based mining project is now taking a big step forward, with Pi Coin (PI) entering the futures trading market. The recent listing on Bitunix, a well-known global crypto derivatives platform, is more than just a technical update—it shows that confidence in Pi is building, even before the network fully opens.

After facing setbacks like a major crash, controversies, and KYC issues, Pi Network is bouncing back. While these challenges caused doubt, a new sense of hope is emerging around the project.

Bitunix Futures Trading: A Major Milestone for Pi

Bitunix has officially launched Pi Coin for futures trading, allowing users to speculate on its future price movements. While Pi Coin isn’t available for spot trading or withdrawal yet, this move opens up a new way for traders to get involved early. The listing lets users take long or short positions on Pi, adding a speculative layer to a token that’s mostly existed in a closed system so far.

What makes this important is that futures trading often signals the beginning of wider market adoption. It brings in liquidity, attracts attention from traders, and sets the stage for future exchange listings. While Pi Network hasn’t officially confirmed major updates, Bitunix’s decision to list Pi futures shows growing demand and excitement in the crypto world.

Pi Network’s Current Market Outlook

With over 60 million users worldwide, Pi Network has grown into one of the largest crypto communities through mobile mining. Its social consensus model, where trust circles validate users instead of using energy-heavy proof-of-work, has helped it gain traction quickly. Though Pi is still in its closed Mainnet phase, the ecosystem has been expanding steadily in the background.

Recent developments, such as adding Chainlink oracles and ensuring compatibility with Ethereum-based payments like USDT and USDC, show that Pi Network is preparing for a more connected future. There’s also growing interest in decentralized applications (dApps) within Pi’s ecosystem, paving the way for real-world use once the Open Mainnet launches.

Risks of Futures Trading with Pi Coin

Despite the optimism, the futures listing does come with some risks. Since no actual Pi tokens are being traded in this setup, it’s a synthetic version of Pi’s value, not real trading backed by the Pi blockchain. Traders should proceed carefully, especially since futures markets can be volatile.

Still, the futures listing sends a strong signal: Pi Coin is entering serious conversations in the crypto world. With the Open Mainnet launch still pending, all eyes are on what comes next for Pi Network.

Pi Network may still be in its early stages, but the road ahead is looking more exciting with each move it makes.

FAQs

Can I buy or withdraw real Pi Coins on Bitunix?

No, Bitunix only offers Pi futures trading; spot trading or withdrawals aren’t supported yet.

Is Pi Network listed on Binance?

No, Pi Network is not listed on Binance; only unverified or synthetic versions may appear on some platforms.

Has Pi Network integrated with Chainlink?

Yes, Pi Network has integrated Chainlink oracles to enhance data connectivity and smart contract functionality.

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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