The PEPE dream at $1: a mathematical illusion?
Since its media explosion, the memecoin PEPE has been igniting networks and fueling fantasies of XXL gains. Some are already dreaming of a price of $1. But what is the reality?
Spoiler: this scenario is mathematically unrealistic.
Why? Here are the numbers:
• Total supply of PEPE: 420,690,000,000,000 tokens (that is, 420.69 trillion)
• Target: $1 per token
• Required market cap: $420,690,000,000,000
(yes, 420 trillion dollars)
For comparison:
• Market cap of the entire crypto market: about $2,500 billion
• Global annual GDP: ~ $105,000 billion
• Most valued company in the world (Apple): ~ $3,000 billion
Conclusion: for PEPE to reach $1, it would require more than the entire wealth produced by humanity in one year.
Does this mean that PEPE has no future?
Not necessarily. Its role as a memecoin may allow for speculative movements in the short term. But reaching $1? That’s out of reach, unless more than 99.9999% of the supply is burned...
The crypto market is rich in opportunities, but also in illusions. Always do your own research (DYOR) and avoid decisions based solely on dreams.
$PEPE
#Binance #CryptoFacts #PEPE #CryptoEducation #DYOR #RealityCheck #BlockchainInsights
Since its media explosion, the memecoin PEPE has been igniting networks and fueling fantasies of XXL gains. Some are already dreaming of a price of $1. But what is the reality?
Spoiler: this scenario is mathematically unrealistic.
Why? Here are the numbers:
• Total supply of PEPE: 420,690,000,000,000 tokens (that is, 420.69 trillion)
• Target: $1 per token
• Required market cap: $420,690,000,000,000
(yes, 420 trillion dollars)
For comparison:
• Market cap of the entire crypto market: about $2,500 billion
• Global annual GDP: ~ $105,000 billion
• Most valued company in the world (Apple): ~ $3,000 billion
Conclusion: for PEPE to reach $1, it would require more than the entire wealth produced by humanity in one year.
Does this mean that PEPE has no future?
Not necessarily. Its role as a memecoin may allow for speculative movements in the short term. But reaching $1? That’s out of reach, unless more than 99.9999% of the supply is burned...
The crypto market is rich in opportunities, but also in illusions. Always do your own research (DYOR) and avoid decisions based solely on dreams.
$PEPE
#Binance #CryptoFacts #PEPE #CryptoEducation #DYOR #RealityCheck #BlockchainInsights
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
PEPE
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