It is highly unlikely that currency $PEPE will reach $1, and the reason is not just a guess, but is based on clear mathematical, logical, and economic data:
1. The illogical massive supply Total Supply
The number of PEPE coins available for trading is approximately 420,690,000,000,000 (420 trillion coins).
If the price of each PEPE reaches $1, the market cap would be 420 trillion.
> For comparison:
The total market cap of all cryptocurrencies currently: about $2.7 trillion.
The market cap of the entire U.S. economy: about $26 trillion.
Is it reasonable for PEPE to become larger than the world's economy? Of course not.
2. There is no real value or use
PEPE is a meme token, meaning it is not based on a technical project or economic goal.
It does not provide solutions to any problems, does not have a practical application, and does not directly support smart contracts.
Thus, its only strength is speculation and hype, which makes it unsustainable in the long term.
3. Psychological and market impact
When any currency reaches high prices, many investors tend to sell to take profits.
The closer the currency gets to 0.01 or 0.1, millions of traders will sell it, preventing it from rising.
4. Even if a massive amount is burned, the dream remains difficult
Even if 90% of the supply were burned (for which there is no evidence of the developers' intention to do so), the market cap would still be at $42 trillion, which is an illogical figure.
