Pi Update: Can Pi Price Hit $3 Again? Token Burn Strategy Sparks New Hype!

Launched initially with the aim of increasing mobile mining accessibility, Pi Network now faces its major challenge of converting user excitement into sustained worth. Pi Coin has not yet been listed on main markets, regardless of its vibrant community, and prices are still high according to some analysts. A new strategy, token burning, now offers possible impetus. Reducing supply could cause the network to generate a shortage and therefore help stabilize or raise prices. But will this be enough to change the project’s course?

Why Token Burning Could Be a Game Changer

Token burning has become a familiar playbook in crypto: cut the supply, drive scarcity, and, ideally, lift the price. For Pi Network, which minted billions of tokens early on, that supply glut is now a core problem. A successful burn strategy could signal a shift toward a deflationary model, one that rebuilds trust, invites investor interest, and aligns with how value has been built in other tokens.

Some proposed burn mechanisms include periodic burns, burns tied to mining or transaction activity, and even community-initiated burns that reward participation. Done right, this could embed scarcity into the system and reset expectations.

Still, challenges remain. Pi Coin isn’t widely tradable, and without significant exchange listings, even a large burn could have a limited near-term price effect. Liquidity remains low. And with no working ecosystem in place, user interest may fade before these changes gain traction. The concept has potential, but only with transparency, utility, and market access. Let’s take a look at the Pi price chart to see how Pi is reacting to these challenges.

Pi Price Prediction for April 11, 2025

The 1-hour PI/USDT chart shows a turbulent decline followed by consolidation within major resistance and support areas. PI price found strong support in the $0.43–$0.46 range after a sharp fall, indicating a local low before bouncing strongly. Although a failed breakout from a descending wedge occurred, a strong bullish candle briefly pushed PI’s price above $0.75, resulting in renewed selling pressure. However, the rally quickly lost momentum, and the price adjusted into a narrower range between the $0.55 support and $0.60 resistance levels. 

Chart 1: Analysed by vallijat007, published on TradingView, April 11, 2025

Several breakout attempts were rejected, indicating uncertainty among investors. Currently, the PI price is trading at around $0.5974, with mild bullish pressure. With the RSI at 57.06, momentum is beginning to lean bullish. It aligns with short-term tops and troughs, matching several overbought and oversold signals. Recent golden and death crosses on the MACD reflect shifting sentiment. The histogram is flattening, signaling possible consolidation or an upcoming move. A loss of $0.55 could trigger renewed selling; a breakout above $0.60 may suggest a bullish continuation.

Token Burn Offers Hope, but Execution Is Key

Pi Network’s token burn strategy could be a critical step toward addressing oversupply and restoring community confidence. Reducing token circulation may help create scarcity, but price impact will remain limited without broader exchange listings, utility, and a clear roadmap. Pi Coin could regain momentum if the team pairs this deflationary move with tangible ecosystem growth and improved access. Until then, the burn is a promising concept, but one that must be backed by real progress to matter.