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What Would Pi Coin Price Look Like if# Pi Network Reaches XRP Market Cap?
Pi Network price would have to undergo a parabolic rally to reach the XRP market cap. How high would Pi Coin reach to achieve this?
#Pi Network price price has dropped by more than 23% today, March 21, and fallen below $1 for the first time in one month. However, despite this decrease, the Pi Coin community remains bullish that the price will recover, leading to a significant growth in market cap. In this article, we look at how high Pi Network token could go if it reaches the XRP market cap.
Pi Network Price If It Reaches XRP Market Cap
Today’s steep decline in Pi Network price has pushed its market cap to $6.24 billion. In contrast, XRP has the second-largest market cap among altcoins of $138 billion. This means that Pi Coin would have to undergo a parabolic rally to compete against XRP.
This means that Pi Coin would have to undergo a parabolic rally to compete against XRP.
The market cap of crypto assets is measured using the price and supply. For context, Pi Coin has a total supply of 10 billion coins. Therefore, if Pi Network price were to reach a $138 billion market cap, it would have to surge to $13.80.
Pi Coin has a history of making independent rallies when the rest of the crypto market stalls. Therefore, attaining the $13.8 price target when the XRP market cap remains constant at $138 billion is likely. However, if XRP also hits an ATH market cap of $186 billion, Pi Network price would reach $18.6 to equal Ripple’s market cap.