Will the PEPE coin reach 1 dollar? The impossible dream or the next surprise?
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The PEPE coin, inspired by the famous meme character, has become one of the most attention-grabbing cryptocurrencies in the crypto world recently. With its rising popularity, many have begun to wonder: Can it reach 1 dollar?
The short answer: It is nearly impossible at this time, due to the extremely large number of coins. The total supply of PEPE coins exceeds 420 trillion pieces. If we assume it reaches one dollar, the market capitalization would exceed 420 trillion dollars, a figure greater than the market capitalization of all companies and currencies combined!
For PEPE to reach levels close to this figure, it needs to:
Significantly reduce the supply (for example, through burning).
Wider adoption by users and platforms.
Inject incredible liquidity into the market.
And although a price increase is possible in the short term due to speculation, reaching 1 dollar currently seems economically unreasonable.
In summary:
PEPE may achieve good gains for speculators, but it will not reach one dollar unless radical changes occur in supply and usage.
