Any person with at least a single functioning brain cell will understand that this is simply impossible.
To all of you highly regarded , let’s think about the basic tokenomics for a minute.
At 420.69T token supply, a $1 per $PEPE price point would mean a $420.69T market cap, which is roughly 4.2X the GLOBAL GDP.
There’s no proof or confirmation that $PEPE actually burns any tokens. Even if they did, they’d have to burn a whole ton to move the price to $1.
Now onto the $0.10 per PEPE price point. Assuming no burn, this would amount to $42 TRILLION market cap, which is 21X the market cap of Bitcoin and almost HALF of the GLOBAL GDP. Again, this is impossible.
SO, unless the last remaining PEPE dev comes out and clarifies the burning mechanism behind the PEPE memecoin, there’s no chance we’ll reach $1 let alone $0.10.
