Will Pi Coin’s Token Burn Strategy Revive the Price to $3?

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Pi Coin has recently dropped to around $0.30, causing a wave of concern among early users who once believed it could soar much higher. The dip has sparked debates across the Pi community—but the team behind the project, including co-founder C. Fan and developer John Lang, is urging users not to panic. They say this is just a short-term bump in the road.

To keep the project moving forward, they’ve rolled out new updates like improved mobile features, easier KYC processes, and new tools to support games and services.

Some crypto analysts are still hopeful. They suggest burning excess tokens to reduce supply and possibly raise the price. While there’s still talk of Pi reaching $3 if market conditions improve, the project’s future depends on strong community backing and steady development.

What’s Holding Pi Coin Back?

Even with an active community, Pi Coin has struggled to gain real traction. The main reasons? It’s not listed on major exchanges and the token supply is too high. These issues make it hard for the price to grow.

To fix this, the Pi team is introducing a token burn mechanism – a strategy meant to lower the number of tokens in circulation and possibly stabilize or increase the price. But will it be enough to bring Pi back to the excitement of its early days?

What Is Token Burning and Why Does It Matter?

Token burning is the process of permanently removing coins from circulation, which reduces the overall supply. Pi Network originally created a large number of tokens to reward mobile miners. But now, that high supply is holding the price down.

To fix the imbalance, the team is planning to destroy (or “burn”) some of these tokens. They’re looking at different ways to do it – such as burning tokens regularly, tying burns to user activity, or even letting the community vote on how much to burn. The idea is that fewer tokens could give the price a better chance to rise.

Will Burning Tokens Be Enough?

While burning tokens could help in the short term, it’s not a guaranteed solution. Pi Coin is still missing from major exchanges, which limits how easily people can buy or sell it. It also keeps the coin from gaining more attention and use.

Many investors are still cautious. The network doesn’t yet have much real-world use, and there’s no clear roadmap for where the project is headed. Without more utility or direction, people may lose interest before the benefits of burning tokens take effect.

Also Read :   Pi Network News: 119 Million Tokens to Be Released by Month-End   ,

Current Price Outlook

Looking at the latest Pi/USDT chart, Pi Coin recently found solid support between $0.43 and $0.46 after a sharp drop. A short rally pushed it above $0.75, but it quickly fell again due to resistance. At the time of writing, Pi trades around $0.5974, moving between support at $0.55 and resistance at $0.60.

There’s a bit of bullish momentum, but not enough yet to say a breakout is coming.

What Pi Needs to Bounce Back

The talk around token burning has brought some renewed energy to the project, but it won’t be enough on its own. For Pi Coin to truly recover—and maybe reach the $3 mark again—it needs more than just fewer tokens.

It needs to be listed on more exchanges, have real-world applications, and offer a clear, trustworthy plan for the future. Until then, the project will rely heavily on its community and whether the team can keep delivering on its promises.

For now, Pi is still mining its path forward—slowly, and under a lot of pressure.