Home web3.0 Pi Network's Token Burn Plan Aims to Counter Oversupply and Spark Demand

Pi Network's Token Burn Plan Aims to Counter Oversupply and Spark Demand

Apr 15, 2025 am 09:56 AM

Chainlink, on the other hand, is gaining attention through its collaboration with DTCC, aiming to bring blockchain to institutional finance.

Pi Network's Token Burn Plan Aims to Counter Oversupply and Spark Demand

Pi Network is making a calculated move with its token burn plan to counter oversupply and hope to spark demand for the PI coin. Meanwhile, Chainlink is gaining attention for its collaboration with the Depository Trust & Clearing Corporation (DTCC) to bring blockchain technology to institutional finance. But while these projects are focusing on structural shifts and external partnerships, one project that is managing to grab attention through more immediate engagement is BlockDAG.

With an upcoming AMA, a global convention tour, and a 600% bonus for new users, BlockDAG is continuing to build momentum for those tracking the top crypto coins right now.

Pi Coin’s Burn Strategy Aims to Revive Price Momentum

In a bid to address the oversupply issue and potentially boost the PI coin price, Pi Network is rolling out a token burn strategy. The aim is to reduce the circulating tokens and create scarcity, which may contribute to price appreciation.

However, the effectiveness of this strategy depends on its execution and the network’s ability to enhance utility and secure broader exchange listings. Currently, Pi Coin is trading around $0.5974, showing mild bullish momentum.

Moreover, technical indicators like the RSI at 57.06 suggest a potential upward trend, but the price remains within a consolidation range between $0.55 and $0.60. A breakout above $0.60 could indicate a bullish continuation, while a drop below $0.55 might trigger renewed selling pressure.

Overall, the token burn strategy offers hope for price stabilization, but its success will hinge on the Pi Network’s ability to deliver tangible ecosystem growth and improve market access. Without these factors, the impact on the PI coin price may be limited.

Chainlink’s Bullish Momentum Builds Amid DTCC Collaboration

Chainlink (LINK) has experienced a notable price increase, currently trading at $12.23, marking a 7.84% gain over the past 24 hours. This movement is supported by technical indicators, including an ascending trendline and higher highs, suggesting a potential bullish breakout.

Currently, the token is approaching resistance levels between $14 and $15, with the possibility of testing the $16–$18 range if the upward momentum continues. One major catalyst contributing to this momentum is Chainlink’s collaboration with the Depository Trust & Clearing Corporation (DTCC).

Specifically, this partnership aims to integrate blockchain technology into traditional financial systems by tokenizing assets and automating collateral management. Additionally, an upcoming demonstration involving major financial institutions like JPMorgan and BNY Mellon will showcase blockchain-based collateral settlements across global financial centers. If successful, this initiative could position Chainlink as a key infrastructure component in the future of global finance.

BlockDAG’s Global Tour Puts Golden Ticket Holders in the Front Row

BlockDAG is again making headlines—this time with its first-ever global convention tour, a bold move aimed at connecting with its growing community in person. Branded as “Coming to a city near you,” the tour is expected to feature live discussions, development showcases, and early looks at the project’s roadmap. Meanwhile, official host cities are still under wraps, but speculation is building, with major crypto hubs like Dubai, London, and Singapore leading the buzz.

Adding to the excitement is the Golden Ticket offer, available exclusively to new users who register with the BDAG1200 promo code. This code unlocks a massive 600% bonus on token purchases—effectively giving new buyers six times the coin value—along with priority airdrop access even before the full presale concludes. In effect, these users could be the first to receive tokens, giving them a head start if listings follow closely after mainnet launch.

So far, BlockDAG has raised $214 million, sold over 19.2 billion tokens, and delivered a 2,380% ROI since its first batch. The current batch 27 is priced at $0.0248, and momentum is clearly building ahead of the April 17 AMA, which could unveil critical updates on testnet performance and expansion strategies.

For this reason, early adopters scanning for the top crypto coins right now may find that BlockDAG offers more than just potential—it delivers access, community, and a front-row seat to its next major phase.

Why BlockDAG’s Community-First Strategy Puts It Ahead in 2025

Pi Network is banking on scarcity, and Chainlink is making inroads through high-level partnerships—but both require time, execution, and third-party adoption to fully materialize. BlockDAG, in contrast, is focused on direct delivery: early token access, transparent communication through its AMA, and physical presence via a global convention tour. Its 600% bonus for new users isn’t just a headline—it’s a clear incentive backed by strong presale

News data source: kdj.com

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