Ah, Pi Network—what a grand illusion. Once hailed as the future of cryptocurrency, it now teeters on the brink of oblivion, crashing faster than a student’s hopes at exam time. Since its much-hyped mainnet launch in February, Pi’s value has plummeted—dropping from a lofty peak to a mere $0.62 Thursday, which, in the cruel language of finance, is a 62% nosedive this year alone. And get this: it’s down 80% from its all-time high—talk about a rollercoaster that forgot to stop. 🎢💔
The culprit? Oh, just token inflation, my dear reader. Millions of Pi coins are being unlocked daily—yes, like a magician pulling coins out of thin air—adding an endless supply that depresses the price. Estimated to unlock over 1.5 billion PI in the next year, it’s no wonder the value is suffering. As they say, too much of a good thing spoils the broth—or in this case, the coin. 🍲💸
But fret not! While Pi flails helplessly, the crypto world is waking up to deflationary altcoins—those rare creatures that reduce their supply instead of flooding the market like an overzealous floodgate. Reduced supply? Yes, please! Here are some of the top “blue-chip” deflationary coins to consider—more promising than betting on a dead horse, I assure you.
Binance Coin
Binance Coin (BNB) is practically the poster child for deflationary coins. Thanks to its real-time and quarterly burnings, it’s like a perpetually shrinking sweater—except it’s valued in millions of dollars. Burning a portion of gas fees in real-time, Binance has incinerated tokens worth over $172 million. Oh, and quarterly burns? They’ve torch-burned over $1 billion worth of tokens—who needs fire drills when you have Binance? 🔥🪙
This fiery process will continue until circulating supply drops from over 140 million BNB to a modest 100 million. And the network itself? Robust beyond belief—handling over $227 billion in transactions last month, outpacing Ethereum, Solana, and all their little friends combined. Because nothing says “trust me” like processing hundreds of billions faster than a caffeine-fueled hacker. 😉
Tron
Next up is Tron (TRX)—the blockchain that burns more than it creates. Picture this: from 101.9 billion tokens in 2021 down to around 94 billion today. Talk about trimming the fat! Last Thursday, a whopping 7.6 million TRX were burned, compared to just 5.06 million generated. Tron’s secret weapon? Burning tokens through transaction fees and smart contract executions, all while processing over 268 million transactions in 30 days. That’s practically a transaction marathon—without the sweaty shirt. 🏃♂️💨
Terra Luna Classic
And finally, Terra Luna Classic (LUNC)—what’s left after Terra’s spectacular collapse akin to a house of cards. LUNC actively slashes its supply through constant burns. Since 2022, it has incinerated over 410 billion tokens, leaving a circulating supply of about 5.48 trillion. Yes, trillions—because apparently, more zeros are always better? This week alone, 735 million tokens went up in flames, thanks to the brave efforts of Terraform Labs and their fellow scorers—Binance, DFLUNC Protocol, LunaticsToken, and MEXC. Binance even burns a share of its fees each month; talk about setting money on fire, but in a good way. 🔥💥
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2025-06-05 21:50