Avoid Pi Network and buy these deflationary altcoins instead

Pi Network price has crashed from its all-time high following its mainnet launch in February. Pi coin ( PI ) dropped to $0.62 on Thursday, down 62% from its highest point this year and 80% from its all-time high. One of the primary drivers of the ongoing crash is token inflation, with millions of coins being unlocked daily. Estimates suggest that more than 1.5 billion PI tokens will be unlocked over the next 12 months, adding significant downward pressure on price. In contrast, deflationary altcoins, which reduce their circulating supply through mechanisms like token burns, are gaining attention. Here are some of the top blue-chip deflationary altcoins to consider. Binance Coin Binance Coin ( BNB ) is one of the most deflationary altcoins to buy because of its real-time and quarterly token burns. Its real-time burn involves incinerating a portion of the gas fees in its network. Data shows that the approach has burned tokens worth over $172 million over time. In addition, Binance Smart Chain (BSC) conducts quarterly burns based on the number of blocks generated during the period. This process has burned over $1 billion in tokens per quarter. The burn program will continue until the circulating supply is reduced from over 140 million BNB to 100 million. BNB is also supported by strong network fundamentals. In the past 30 days, protocols on BSC have processed over $227 billion in transactions in the last 30 days, more than Ethereum, Solana, Base, Arbitrum, and Unichain, combined. You might also like: Bitcoin and altcoins are crashing as investors ‘are locking profits’ Tron Tron ( TRX ) is another deflationary token to buy. Data shows that its supply has been in a strong downtrend in the past few years, moving from 101.9 billion in 2021 to 94 billion today. Tron’s deflationary effect stems from its burn mechanism, where more tokens are destroyed than created. On Thursday alone, 7.6 million TRX were burned, while only 5.06 million were generated. TRX tokens are burned through transaction fees and smart contract executions. Tron is one of the most active blockchains, handling the majority of Tether transactions. In the past 30 days, the network processed over 268 million transactions. Terra Luna Classic Terra Luna Classic ( LUNC ) is another top deflationary altcoin to buy. LUNC, which remained following Terra’s collapse, actively reduces its token supply through burns. Data shows that Terra Luna Classic has incinerated over 410 billion tokens since 2022, bringing the circulating supply to 5.48 trillion tokens. It has incinerated over 735 million coins in the last seven days. Much of the burn activity has come from Terraform Labs amid its bankruptcy. Other major contributors include Binance, DFLUNC Protocol, LunaticsToken, and MEXC. Binance burns a portion of the fees it earns from LUNC trading each month. You might also like: Shiba Inu price at risk of deeper dive as whales capitulate