Doesnt the supply make high price almost impossible?

Current supply is at 6.5b pi with market cap at $12b. Pi is already bigger than link and sui. Supply will continue to grow since it's in the early stages, say 10b pi by the end of the 2025 If price hits $5, that makes market cap at $50b. $10 makes it $100b For reference, sol is at $70b, xrp is at $130b

I don't see how people are making these $30 $50 serious predictions. That would require pi to become bigger than eth. Help me understand, still doing my research