Reasons why Pepe Coin ($PEPE ) is unlikely to reach $1:
1. Massive Token Supply: With a supply exceeding 420 trillion tokens, reaching $1 would require an unrealistic market cap of over $420 trillion.
2. Meme Coin Status: As a meme coin, $PEPE
PE relies heavily on social media hype and speculation rather than real-world utility.
3. Market Demand: Even with significant demand, the vast supply limits the price potential.
4. Crypto Volatility: Meme coins are highly volatile, making sudden price surges possible, but sustained growth is rare.
5. Unrealistic Valuation: For comparison, the entire crypto market cap is only a fraction of what PEPE would need, making a $1 target impractical.