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Bitcoin surpasses the $110,000 barrier: A new era for digital currencies
Bitcoin surpasses the $110,000 barrier: A new era for digital currencies
In a historic new step, Bitcoin has surpassed the $110,000 mark, marking its highest level since its inception in 2009. This achievement represents a milestone in the journey of the world's most famous digital currency and raises many questions about the future of the global financial system and the role of cryptocurrencies in the new digital economy.
In a historic new step, Bitcoin has surpassed the $110,000 mark, marking its highest level since its inception in 2009. This achievement represents a milestone in the journey of the world's most famous digital currency and raises many questions about the future of the global financial system and the role of cryptocurrencies in the new digital economy.
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It's impossible for the Pepe coin to reach $1. What is the reason!? And when will it reach $1!?
The main reason:
The PEPE coin currently has a very large supply of available coins (total supply in quadrillions, that is thousands of trillions). If it were to reach a price of $1, that would mean the market cap would be larger than the entire global economy, which is illogical or impossible.
Approximate numeric example:
If the supply is 420 trillion coins (which is common), then reaching $1 means a market cap of $420 trillion.
For comparison:
The total market cap of Bitcoin now does not exceed $1.3 trillion.
The entire U.S. economy is about $28 trillion.
However:
It could reach numbers close to $0.0001 or even $0.001 in case of a massive trend or a significant influx of funds from investors or exchanges.
The main reason:
The PEPE coin currently has a very large supply of available coins (total supply in quadrillions, that is thousands of trillions). If it were to reach a price of $1, that would mean the market cap would be larger than the entire global economy, which is illogical or impossible.
Approximate numeric example:
If the supply is 420 trillion coins (which is common), then reaching $1 means a market cap of $420 trillion.
For comparison:
The total market cap of Bitcoin now does not exceed $1.3 trillion.
The entire U.S. economy is about $28 trillion.
However:
It could reach numbers close to $0.0001 or even $0.001 in case of a massive trend or a significant influx of funds from investors or exchanges.
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