Right now, Pi Network’s coin ($Pi) is priced at $0.24, while Dogecoin ($DOGE) sits slightly higher at $0.26. At first glance, the difference seems small. But when you look deeper, it reveals something important about how crypto value is shaped, not just by price, but by supply, market cap, and ecosystem maturity. Let’s start with supply. Dogecoin is fully circulated, meaning all its tokens are already out in the market. Pi, on the other hand, has only released about 8% of its total supply. That means most of Pi’s tokens are still locked, waiting for future release. This limited circulation affects how much demand can build, and how much liquidity is available for trading. Next is market cap. Dogecoin’s market cap is around $39 billion. Pi’s is just $2 billion. Market cap reflects the total value of all tokens in circulation, and it’s a key signal for investors. A higher market cap often means more trust, more visibility, and more momentum. Right now, Dogecoin has that edge....
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