I came across several articles discussing the burn mechanism implemented for the initial supply. However, the total supply still remains at 420 T. Can someone verify this please🤔
hareem queen
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The possibility of $PEPE reaching $1 is simply unrealistic for anyone who understands basic financial principles. Let's break it down: With a circulating supply of 420.69 trillion tokens, for $PEPE to hit $1 per token, its market cap would need to skyrocket to $420.69 trillion—more than four times the entire global GDP. This scenario is clearly impossible.
Furthermore, there’s no verifiable evidence that the $PEPE project actively burns tokens to manage supply. Even if they were burning tokens, the amount required to push the price to $1 would be astronomical. Now, consider a $0.10 price per $PEPE. Without any burn mechanism in place, that would result in a market cap of $42 trillion, which is over 20 times larger than Bitcoin's current market cap and nearly half of the world’s total GDP. Such a market cap is simply beyond reach.
Unless the development team behind provides clear details on any token-burning strategies or other mechanisms that could potentially affect its value, the likelihood of achieving prices like $1 or even $0.10 is non-existent. As things stand, these targets remain highly improbable.
Let’s keep an eye on the market and see if any new developments arise from the project, but based on current metrics and tokenomics, these price projections are nothing more than speculative fantasy. #PEPE #MicroStrategyAcquiresBTC #USTaxExemptionPlan #USConsumerConfidence #FedHODL
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