Kraken Pro Supercharges Pi Coin with Futures Launch—Because What’s Crypto Without Leverage?

Kraken Pro just lit the fuse on Pi Coin—futures trading goes live, and the market’s already buzzing. Here’s the breakdown.

Pi Coin’s price action? About to get a whole lot spicier. With Kraken’s deep liquidity and institutional-grade tools, traders can now long or short the controversial asset with reckless abandon. Just what the doctor ordered—or maybe the opposite.

Remember: futures amplify gains (and losses) faster than a VC dumping tokens on retail. Trade accordingly—or don’t. The choice, as always, is yours.

Analysis of Pi Coin’s Price: Key Levels and the $5 Target

Following a 50% loss over the past two months, Pi Network signaled a breakout from a descending wedge formation. Analysts emphasize the importance of the $0.84 level as a critical resistance point. Should this threshold be crossed, targets have been set at $0.96, $1.20, and $1.57, respectively.

Though the notion of reaching $5 is met with skepticism, analysts note that low liquidity can lead to sudden surges. Speculation has been fueled by allegations that the project team is manipulating the supply-demand balance. Experts caution that such high targets could be more of a marketing strategy rather than a realistic prediction.

Future Plans for Pi Network Come Under Scrutiny

The Pi Network team is working on steps to accelerate the transition to the mainnet. Initiatives like moving more coins to the mainnet and converting Fireside coins to Pi coins will be crucial in determining supply. If this process is managed carefully, the likelihood of a price increase might rise.

Regulatory uncertainty is viewed as the biggest hurdle facing the project. Despite claims of decentralization, regulatory bodies in the US and Europe question the project’s transparency. Although the team plans to announce new partnerships and exchange listings in the coming months to ease these pressures, the timeline remains uncertain.