🐶Did Dogecoin reach $1? And can PEPE do it? The reality behind the hype 👀
When a crypto costs fractions of a cent, many think:
"If it reaches $1, I'll be a millionaire!"
But... is it as simple as it sounds?
🔍 Dogecoin (DOGE)
📈 All-time high: $0.7376 (May 2021)
📉 It never reached $1, although many expected it to.
Why didn't it succeed?
🪙 More than 140 billion DOGE in circulation.
💰 At $1, the market cap would have exceeded $140 billion, more than many projects with real use.
😵 Many bought in late, motivated by the hype and FOMO.
🐸 And PEPE?
It has an even larger supply than DOGE.
To reach $1, it would have to surpass the total market capitalization of the current crypto market (over $2.5 trillion).
❗This is, for now, practically impossible.
📌 Conclusion for new investors:
Before getting carried away by low prices, check:
1️⃣ Total supply of the coin.
2️⃣ How realistic it is for it to reach a certain price.
3️⃣ Market capitalization.
4️⃣ If it has utility, adoption, or only lives off the hype.
Investing in memes can yield profits, yes…
But only if you know when to enter, when to exit, and how much to risk.
💬 Did you think Dogecoin had actually reached $1? Did you think PEPE could achieve it?
I read you in the comments 👇
