weekly digest pi42

Pi42 Weekly Roundup: ETH Soars on ETF News, Trader Community Thrives!

This week, the Wild West of crypto witnessed another gold rush with the long-awaited Ethereum ETF approval in the US! Strap on your Stetsons and get ready for a whirlwind of exciting developments and a thriving Pi42 community that’s more vibrant than ever!

ETH Takes Center Stage:

The news of the ETH ETF sent shockwaves through the market, propelling Ethereum’s price by a staggering 26.5% in just the past week. This follows the phenomenal surge of Bitcoin after its own ETF approval earlier this year. 

Are you ready to leverage this incredible opportunity? Pi42 offers the perfect platform to navigate these market movements!

Pi42 Users Ride the ETH Wave:

Our savvy Pi42 traders mirrored the market sentiment, with a whopping 50.69% of their trading volume focused on long positions. While 49.31% opted for short positions, the overall trend reflects the bullish outlook on the mainstream adoption.

Top Traded Pairs:

Unsurprisingly, ETH-INR was the most traded pair on Pi42 this week. 1000PEPE-INR and BTC-INR rounded out the top three, indicating continued interest in meme coins and Bitcoin.

Exciting New Features on the Horizon!

We’re constantly innovating to enhance your trading experience. Here’s a sneak peek at the features rolling out soon:

  • Leaderboard: Compete with fellow Pi42 enthusiasts and showcase your trading prowess on the brand new leaderboard!
  • Smoother Onboarding: Say goodbye to friction! Our streamlined onboarding process ensures a seamless start to your Pi42 journey.
  • Enhanced Feedback System: Sharing your feedback is now easier than ever!
  • Nominee Details Integration: Provide nominee details with greater ease for a smoother experience.
  • Faster Transactions: Experience lightning-fast transaction speeds for an uninterrupted trading experience.

Contests & Rewards Galore!

This week, the Pi42 community continued to thrive with exciting contests:

  • Jo Trade Kiya Wahi Sikandar – Edition 5: Congratulations to the 3 champions who emerged victorious in this fierce trading battle!

The G.O.A.T. (Greatest of All Traders) Contest Continues!

The hunt for the G.O.A.T. rages on! Every week, winners with the highest ROI are crowned. Participate now and win a chance to claim the coveted title and a whopping INR 50,000!

FWB – We’ve the winner!

A big congratulations to the winner of the FWB – Ultimate Referral challenge! Welcome to the Pi42 community!

Join the Pi42 Telegram Crew!

Become part of our vibrant Telegram community and enjoy a free INR 20,000 to trade with! Simply join our exchange and follow us on Telegram. It’s that easy!

Our CEO, Avinash Shares Insights on the Global Impact of ETFs:

Our CEO, Avinash Shekhar, graced CNBC to share his valuable insights on the recent ETF approvals and their global impact, including the potential effects on the Indian market. Don’t miss this insightful interview!

Meet-Ups Across India Continues:

This week, the Pi42 community spirit continued to flourish with successful meet-ups in Mumbai and Hyderabad. These events foster learning, strategy sharing, and a sense of belonging among crypto enthusiasts.

Stay Tuned!

The Pi42 team is dedicated to providing you with the best possible trading experience. Stay tuned for more exciting announcements, contests, and educational resources!