Can Pi's Token Burn Strategy Push Its Price to 3 Dollars?

Over the past month, Pi has seen a significant drop — from $1.74 down to $0.64 at the time of writing. This decline has sparked concern among users and stirred up heated debate within the Pi community. However, the development team behind the project — including lead developer John Lang — insists this is just a temporary setback. They’re urging the community not to panic, emphasizing that Pi is still on its long-term development path. In recent weeks, Pi has rolled out several updates, including improved app features, a simpler KYC process, and new tools to support games and integrated services. Is Token Burning the Key to Higher Prices? Some crypto analysts believe that for Pi to recover and reach the $3 mark, the team must reduce the number of tokens in circulation — a strategy known as token burning. So, what is token burning? It’s the permanent removal of a portion of tokens from circulation to lower the total supply. Pi originally issued a large number of tokens to reward mobile miners, but that high supply is now seen as a major barrier to price growth. The Pi team is now exploring token burn mechanisms. Options include regular burns, burning tokens based on user activity, or even allowing the community to vote on how much to burn. The idea is simple: fewer tokens mean a better chance for price appreciation. But Is Burning Tokens Enough? Unfortunately, the answer is no. While burning tokens can help in the short term, it’s not a long-term solution. Pi is still not listed on major exchanges like Binance or Bybit, which limits its exposure and accessibility. Moreover, Pi still lacks real-world use cases and a clear roadmap to attract long-term investors. Without improvements in these key areas, token burning alone may not create the price impact many are hoping for. Recent Price Movement According to the Pi/USDT chart, after a sharp decline, Pi found support between $0.43 and $0.46. It briefly surged above $0.75 but quickly dropped again due to strong resistance. At the time of writing, Pi is trading around $0.60. The market is showing some signs of recovery, but not enough to confirm a solid trend reversal. What Does Pi Need to Reach $3? Beyond burning tokens, Pi must take bigger steps. It needs listings on major exchanges, more real-world applications within its ecosystem, and a transparent, detailed development roadmap for its users and investors. For now, the future of Pi still depends heavily on the community’s trust — and the team’s ability to deliver on its promises. Until then, Pi continues its journey — slowly, but with determination. #CryptoForBeginners #CryptoInvestingTips #LearnCrypto #BeginnerCryptoGuide #HowToInvestInCrypto