Pi Network Launches Futures Trading on CoinCatch with 50x Leverage —Will $PI Break Past $1 ?

Sean Williams
Pi-network (PI)

Pi Coin has gained a new trading avenue. Crypto exchange CoinCatch has officially launched a PIUSDT perpetual futures pair under the USDT-Margined Futures category, going live on June 4, 2025. This listing allows traders to access up to 50x leverage on PI/USDT contracts. Notably, CoinCatch is offering this feature without requiring KYC or a VPN, making it accessible to a broader user base.

The move comes amid increasing momentum for Pi Coin in the derivatives market. CoinCatch has also revealed plans to list more cryptocurrencies and trading pairs, positioning itself as a growing player in crypto derivatives. The listing follows earlier futures offerings from platforms like Kraken Pro, which introduced PI perpetuals with 20x leverage, and Gate.io, which launched both spot and perpetual PI markets earlier this year.

Mixed Market Reaction Follows Major Listings

Despite these expanding trading options, Pi Coin’s market performance has remained lukewarm. Following a recent listing on MEXC, which included the PI/USDT and PI/USD1 pairs, Pi Coin saw a 3% drop in price, closing in on key resistance near the $1 mark. The PI/USD1 trading pair is backed by World Liberty Financial, a company with reported connections to the Trump family, lending political intrigue to the listing.

The dip has puzzled some traders, especially considering the positive momentum from new exchange support. Analyst Dr Altcoin warned that unless the Pi Network core team addresses lingering KYC issues, including blocked transfers, the token could decline to $0.40. Community sentiment also appears cautious, as reflected in a recent poll on X (formerly Twitter) about a potential Binance listing, which received predominantly negative feedback.

Also Read: Pi Network’s Pi Coin Price Prediction: Here’s Why $0.40 Could Be Next – Analyst

Technical Indicators Remain Neutral to Bearish

As of now, Pi Coin is trading around $0.649, with a 24-hour trading volume of approximately $53 million. The token has dipped slightly by 0.3%, and technical analysis shows neutral to slightly bearish indicators. Pi continues to test key resistance levels, and unless a strong catalyst emerges, analysts believe it may continue to trade sideways.

While new exchange listings and leverage options offer more opportunities for traders, Pi Coin’s path forward hinges on the network’s ability to address community concerns and maintain technical momentum.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

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