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Image Credit: Coindoo

Pi Coin Gets New Futures Listing — How Did the Price Respond?

  • CoinCatch launched its PIUSDT perpetual futures pair, offering traders up to 50x leverage on Pi Coin.
  • Pi Coin initially surged to $0.657 post-announcement but saw a sharp reversal, dropping to $0.642 within hours.
  • Despite a slight recovery to $0.651, the token failed to regain its strength and continued downward, trading around $0.645.
  • The market reaction indicates traders may have exploited the news for short-term gains, emphasizing the need for sustained demand to maintain Pi Coin's upward momentum.

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