The Pi Coin token is back in the spotlight after a significant price increase and the launch of futures trading on Bitunix.
Futures Launch for Pi Coin on Bitunix
Pi Coin (PI) recorded an 80% price increase, reaching $0.7556. This development comes as Bitunix added Pi Coin to its futures trading portfolio, allowing traders to speculate on the Pi Network while spot trading and withdrawals remain unavailable.
Increasing Interest in Pi Network
Bitunix's decision to offer futures for Pi Coin is seen as a growing sign of market confidence. While Pi Network has not officially commented on this development, the increased interest in the asset is apparent within trading communities. With over 60 million users globally, Pi Network has become one of the largest communities in the crypto market.
Future of Pi Network
Pi Network developers have also begun working on decentralized applications within their test environment, indicating ongoing preparations for the anticipated Open Mainnet transition. Additionally, the integration of Chainlink oracles and the support for Ethereum-compatible payment methods highlight the focus on future interoperability and enhanced ecosystem performance.
The launch of futures trading for Pi Coin on Bitunix has reignited discussions about Pi Network's potential in the crypto space. While trading is currently limited to futures, this move highlights growing anticipation for future developments.
