why won't pepe reach 1$? $PEPE

Pepe (PEPE), a meme-based cryptocurrency, is extremely unlikely to reach $1 due to several key reasons:

Massive Token Supply: PEPE has a circulating supply in the hundreds of trillions. For it to reach $1 per token, its total market cap would need to exceed the entire global crypto market by several magnitudes—something economically unfeasible.

Market Cap Limits: For PEPE to hit $1, it would require a market capitalization in the trillions of dollars, surpassing that of Bitcoin and possibly rivaling the entire global financial system, which is unrealistic for a meme coin with little intrinsic utility.

Lack of Utility: PEPE lacks a strong use case beyond speculation and community hype. Unlike coins like Ethereum, which powers decentralized applications, PEPE doesn't offer essential blockchain infrastructure or services.

Meme Coin Volatility: Like other meme coins (e.g., Dogecoin, Shiba Inu), PEPE is highly speculative and driven by social media hype, making it prone to pump-and-dump behavior rather than long-term investment growth.

Investor Psychology: As price rises, early holders are likely to sell to realize profits, creating constant downward pressure and making sustained high prices difficult.

Would you like a comparison chart of PEPE vs other meme coins?