Pi Network price has crashed from its all-time hig

Pi Network price has crashed from its all-time high following its mainnet launch in February. 

Pi coin pi-3.85%Pi Network 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.