How Do Derivatives Market Signals Impact PIGGY's Trading Volume?
PIGGY derivatives market expands with new perpetual contracts on Hyperliquid and Huobi HTX
PIGGY token's derivatives ecosystem has recently witnessed significant expansion with the introduction of new perpetual contracts on two major platforms. Hyperliquid, which has established itself as a dominant player in the decentralized derivatives space controlling 80.6% of decentralized trading volume via its HyperEVM blockchain, now offers PIGGY perpetual contracts with enhanced liquidity options. Simultaneously, HTX has launched PIGGY/USDT perpetual contracts with a maximum leverage of 20x, broadening the token's accessibility in the derivatives market.
This expansion represents a strategic development for the PIGGY ecosystem, which has seen notable price volatility with recent figures showing:
| Metric | Value | Change |
|---|---|---|
| Current Price | $1.9509 | -12.78% (24h) |
| All-Time High | $2.6825 | (Oct 29, 2025) |
| Market Cap | $4,128,104 | 2.12% of supply |
| 24h Trading Volume | $3,321,913 | Across platforms |
The integration into these derivatives platforms provides traders with advanced tools for managing exposure to PIGGY's price movements, particularly valuable given the token's recent volatility. With Hyperliquid's zero gas fees and CEX-like experience combined with HTX's established infrastructure, traders now have multiple options for derivatives trading. This development demonstrates increasing institutional interest in the Piggycell project, which focuses on transforming power bank sharing networks into Web3 ecosystems.
24-hour trading volume plummets 88% amid recent market downturn
In a significant market shift, Piggycell (PIGGY) has experienced a dramatic 88% drop in 24-hour trading volume, reflecting severe investor hesitancy amid the broader cryptocurrency market downturn. Recent data highlights this concerning trend:
| Date | Trading Volume ($) | Change (%) | Price ($) | High/Low ($) |
|---|---|---|---|---|
| Oct 28, 2025 | 637,329.40 | - | 1.5924 | 2.2081/0.75 |
| Oct 29, 2025 | 2,028,535.10 | +218% | 2.2516 | 2.6825/1.5807 |
| Oct 30, 2025 | 332,191.38 | -88% | 1.9509 | 2.282/1.5984 |
The sudden volume collapse coincides with a 12.78% price decrease over the past 24 hours, pushing PIGGY down to $1.9509 from its recent high of $2.6825 achieved just yesterday. This volatility has triggered a shift in market sentiment toward fear, as evidenced by the current market emotion index showing 50.96% negative sentiment against 49.04% positive.
Despite the sharp decline, PIGGY still maintains a fully diluted market capitalization of $195.09 million, suggesting the fundamentals of this DePIN project connecting physical charging infrastructure with blockchain technology remain intact. The severe trading volume reduction, however, indicates investors are taking a cautious approach as the broader market conditions continue to fluctuate. This pattern resembles typical consolidation phases following initial listing excitement for newly launched tokens.
WEEX platform launches 50,000 USDT airdrop for new users trading PIGGY
WEEX has launched an exciting opportunity for crypto enthusiasts with its new 50,000 USDT airdrop campaign centered around the PIGGY token. This limited-time promotion runs from October 29 to November 5, 2025, offering substantial rewards for new users engaging with Piggycell's DePIN and RWA ecosystem. The campaign strategically aligns with PIGGY's recent listing, which has already demonstrated significant market movement with prices ranging from $0.75 to $2.68 since its launch.
New participants can earn rewards through a straightforward qualification process:
| Requirement | Reward |
|---|---|
| Net deposit ≥ 100 USDT + First PIGGY spot trade | 10 USDT |
This initiative comes at a particularly strategic moment, as PIGGY has shown remarkable market activity with a 24-hour trading volume exceeding $3.3 million despite recent price volatility. The token, which bridges physical power bank infrastructure with blockchain technology, represents an innovative approach to decentralized physical infrastructure networks by tokenizing real-world utility.
WEEX's user-friendly approach to cryptocurrency adoption is evident in their campaign design, making blockchain participation accessible while introducing users to PIGGY's Web3 ecosystem that transforms nationwide power bank sharing into blockchain-validated activities with tangible rewards. The exchange continues to demonstrate its commitment to expanding access to emerging projects with significant growth potential.
FAQ
What is a piggy coin?
A piggy coin is a cryptocurrency inspired by the concept of saving money in a piggy bank. It aims to promote financial savings and growth in the digital asset space.
How much is a piggy token worth?
As of October 2025, a Piggy token is worth $0.0119. The price fluctuates based on market conditions and demand.
What is the name of Melania Trump's coin?
Melania Trump's coin was called $MELANIA. It was a meme coin that faced legal issues and eventually lost value.
What is the name of Elon Musk's cryptocurrency coin?
Elon Musk doesn't have his own cryptocurrency. However, he's closely associated with Dogecoin (DOGE), often calling it 'the people's crypto'.
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