Pi Coin is listed on the futures market amidst a strong wave of FOMO.

! After a period of silence, Pi Network has unexpectedly made a stunning return with an increase of 80%, currently trading around 0.74 USD. Market sentiment is rapidly shifting as Pi Coin gradually regains its growth momentum.

Starting as a mobile coin mining project, Pi Network has now taken a significant step forward as the PI token is officially listed for futures trading on Bitunix – a global cryptocurrency derivatives platform. This is not only a technical advancement but also shows the growing market confidence in Pi, even though the network has not officially opened yet.

Pi Coin steps into the futures market – Confidence returns

The Bitunix exchange has just announced the listing of Pi on the futures market, allowing users to speculate on future price fluctuations. Although Pi cannot yet be traded spot or withdrawn to personal wallets, this move has opened up a new avenue, especially for traders who want to participate early.

Trading on the futures market allows investors to place Long or Short orders, providing numerous speculative opportunities for an asset that previously existed mainly in a closed ecosystem. In the world of cryptocurrency, having a presence in the futures market is often an important stepping stone before a token is officially listed on the spot market: it creates liquidity, attracts attention from traders, and signals a noticeable increase in market demand.

Although the Pi Network has not made an official announcement, Bitunix's proactive listing of Pi's futures contracts reflects the growing interest from the global cryptocurrency community.

Current Overview of the Pi Network Market

With over 60 million users worldwide, Pi Network boasts one of the largest crypto communities – built through a mobile coin mining mechanism and a social verification model instead of the traditional PoW mechanism.

Although still operating in a closed Mainnet phase, the Pi ecosystem is quietly developing: integrating with Chainlink oracle, expanding payment capabilities with USDT and USDC on the Ethereum platform, and promoting decentralized applications (dApp) being developed within the network. Everything is preparing for the opening of the Mainnet – the most awaited milestone in the Pi community.

Caution in Expectations

However, the appearance of Pi in the futures market also comes with risks. This is because it is only a derivative trade – meaning no actual PI coins are bought or sold, but rather it is a simulated valuation. This implies that price volatility can be high and speculative, requiring traders to conduct thorough research before placing orders.

Nevertheless, the message this time is very clear: Pi Coin is entering the "serious interest zone" of the market. With the launch date of the Open Mainnet still uncertain, all eyes are on the next steps of this prominent project.

You can view the price of Pi here.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making any decisions. We are not responsible for your investment decisions.

• The community remains skeptical about Pi Network despite a slight price recovery.
• The price of Pi coin becomes more challenging as 119 million tokens will be released by the end of this month.

Justin

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