These days, many people are going crazy over meme coins like PEPE and SHIB. Some are even saying “PEPE is going to hit $1.” Are you serious?
Let’s sit down and do a simple postmortem of PEPE, based on real numbers — not emotions.
Right now, PEPE is trading at $0.00001231. Its circulating and total supply is 420.68 trillion, and its max supply is 420.69 trillion. That means almost the entire supply is already in circulation. Its current market cap is about $5.18 billion.
Now, let’s imagine what it would take for PEPE to reach $1. To make each of the 420.69 trillion tokens worth $1, the market cap would need to be $420.69 trillion. That’s just funny. Why? Because the total crypto market cap today is only around $3.27 trillion.
Even if PEPE doesn’t go to $1 and just removes one zero to reach $0.0001231, the required market cap would be $51.81 billion. That’s still a huge jump — and honestly, for a coin with no real utility, its IMPOSSIBLE.
Here’s what I believe: Never trade meme coins or coins with no utility. They might give you some small profits, but one day they’ll leave you in tears. I know which meme coins might do 10x to 20x in this alt season — but I can assure you, PEPE and SHIB are not among them.
As for me, I’ve made it a rule to never trade meme coins. It was tough at first, but now it’s part of my discipline.
This market is full of noise. You have to stay clear-minded. Don’t follow hype blindly. Focus on real projects with real value.
Discipline will take you further than any shortcut ever could.
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