PEPE, DOGE, and SHIB: Which One Can Reach 1 First? 🤔💰
Hey crypto fam! Let’s talk about the *meme coin trio* — *PEPE*, *DOGE*, and *SHIB*. These three coins are popular and have a huge following. But the big question is, *which one has a real shot at hitting1* quickly? And what would it take for that to happen? 🚀
*Current Situation:*
- *PEPE*: A meme coin with a *massive supply* and *no real-world utility*. Its price has been influenced by meme culture, especially with the influence of *Elon Musk*. The coin is *extremely volatile*.
- *DOGE*: The most established of the meme coins. It has seen significant price increases over the years and has been championed by *Elon Musk*. Dogecoin’s *market cap* is around *10 billion*.
- *SHIB*: Another meme coin, often referred to as *“Dogecoin killer.”* SHIB has a massive following and is now working on *ShibaSwap*, a decentralized exchange, giving it *some utility*. SHIB’s *market cap* is around *5 billion*.
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*What Would It Take for Each of Them to Reach 1? 🤯*
To understand this, let’s dive into some *calculations* based on *market cap* and *supply*. Here’s how we can calculate it:
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*1. PEPE Coin:*
- *Current Price*:0.00002064
- *Supply*: *420 Trillion tokens* (estimation)
- *Market Cap*: Currently, around *8.66 billion*.
*To reach1*, PEPE’s market cap would need to be *420 trillion* (tokens) * *1* = *420 trillion*.
*Analysis*: For PEPE to hit 1, its market cap would need to increase by *50,000 times* its current value. This is extremely unlikely, even with major hype, as *no asset* has reached a *420 trillion* market cap (not even Bitcoin).
*Prediction*: Given the *huge supply* and the lack of long-term utility, PEPE is *unlikely to hit 1* anytime soon. The hype will likely continue, but reaching1 is almost *impossible* in the next few years.
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*2. DOGE Coin:*
- *Current Price*: 0.072
- *Supply*: *140 Billion tokens* (currently in circulation, unlimited supply)
- *Market Cap*: Currently around *10 billion*.
*To reach 1*, DOGE’s market cap would need to be *140 billion tokens* * *1* = *140 billion*.
*Analysis*: Reaching1 would mean a *14x increase* in Dogecoin’s current market cap. This is more realistic compared to PEPE, especially since *DOGE* has *major adoption* and *support* from *Elon Musk* and *a large community*. The ongoing discussions around *Dogecoin as a payment method* and *integration into Tesla's ecosystem* could provide long-term value.
*Prediction*: Dogecoin has the *best chance* of hitting 1 soon, but it will take *a few years*, especially given its *unlimited supply*. *If Doge gets more utility*, like being used for payments in more places or by bigger companies, this could speed up the process. My guess? *2-3 years* to potentially hit1.
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*3. SHIB Coin:*
- *Current Price*: 0.0000084
- *Supply*: *589 trillion tokens*
- *Market Cap*: Around *5 billion*.
*To reach 1*, SHIB’s market cap would need to be *589 trillion tokens* * *1* = *589 trillion*.
*Analysis*: Just like PEPE, SHIB has a *massive supply*. To hit1, SHIB would need a *market cap* that’s even higher than PEPE’s. SHIB is working on *ShibaSwap*, which gives it *some utility*, but its *huge supply* still remains an obstacle. For SHIB to hit 1, the market cap would need to grow *118,000 times*, which is just *unrealistic*.
*Prediction*: *SHIB* is more likely to stay as a *highly speculative coin* with frequent price fluctuations driven by hype. Reaching1 is *very unlikely* within the next *few years* due to the *massive supply* and *lack of real-world adoption*.
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*Summary: Which Coin Will Reach $1 First?*
- *PEPE*: *Not happening* anytime soon due to its *huge supply* and *no utility*.
Now Consider SHIB And DOGE
$PEPE
$SHIB
$DOGE
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