Pi Network Preparing to Adopt a Pricing Mechanism, Pi Coin Potential to Break $5?

Jakarta, Pintu News – Recent reports in the market suggest that Pi Network is heading towards implementing a price pegging mechanism on the blockchain.

The community has reportedly found smart contract code associated with Chainlink LINK3.17%->Current LINK PriceRp 226.1903.17%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0, with direct reference to Pi Coin as its native cryptocurrency.

Currently (3/13/25), the Pi Coin price is up 13%, reaching $1.68, as investor optimism remains high. Many speculate that Pi could continue to rally to $5 or more in the near future.

Pi Network to Implement Dynamic Pegging Mechanism?

According to Coingape (12/3/25), the Pi Network community recently discovered smart contract code that lists Chainlink and directly refers to Pi Coin. This code hints at the possibility of implementing a dynamic pegging mechanism, which could potentially stabilize the Pi price through an automated minting and burning system.

Read also: Pi Coin Surges 13% – How Much is Pi Network Worth in Rupiah Today (March 13, 2025)?

If this information proves to be true, Pi Network may adopt a price pegging mechanism to manage its volatility. This approach is widely used by stablecoins like USDT and USDC, which link their value to assets like USD or gold.

With this mechanism in place, price stability can be enhanced, creating a more predictable and less volatile trading environment.

Some market analysts believe that Pi Coin pegged to specific assets could attract more users and investors, as it offers a more stable valuation method. If Pi Coin serves as an algorithmic stablecoin, it is likely that its adoption in everyday transactions and the DeFi ecosystem will increase.

However, to date, PiCoreTeam has not provided official confirmation regarding the authenticity or planned implementation of this pegging mechanism.

How much will Pi Coin cost after the pegging mechanism is implemented?

The latest details on Pi Network’s pegging mechanism reveal a unique approach to stabilizing the value of Pi Coin through dynamic algorithmic pegging.

The smart contract reportedly associated with Chainlink will automatically manage the supply of Pi Coin based on price fluctuations in two ways:

• Increase supply (minting) when prices fall below the target.
• Reduce supply (burning) when prices rise above the target.

As seen in the latest report, the pegged token remains named Pi Coin with a target price of $314,159 USD (written as 314,159 × 10¹⁸ Wei, the smallest unit on Ethereum).

The minting mechanism will activate if the price falls below the target, while the burning mechanism will run if the price exceeds the target.

Read also: LayerAI Crypto Price Update (3/13/25): LAI Price Skyrocketed by 82%, What Happened?

If this mechanism is actually implemented, Pi Coin’s price stability could improve dramatically, creating a more predictable trading ecosystem and potentially attracting more investors as well as users in the DeFi world.

Binance Listing could be a trigger for Pi Coin price increase?

Recent reports suggest that Pi Network could potentially be listed on Binance soon, which could be a huge boost to Pi Coin’s liquidity and price.

If this listing does happen, Pi Coin has a chance to enter the list of the top 10 cryptocurrencies by market capitalization.

Currently, the price of Pi Coin is showing strong resilience, staying put at the $1.30 support level despite market volatility. Analysts see this as a bullish signal, indicating that Pi may be preparing for a significant surge.

Market sentiment is increasingly optimistic, with many speculating that Pi Coin could soon rally towards $5 if this positive momentum continues.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Is Pi Network Heading for Price Pegging? What Happens to Pi Coin Next. Accessed on March 13, 2025