God willing. Congratulations on the top 1. I dropped my post from the top and it went up 😅
apoali5
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Can the PEPE coin reach 1 dollar? Fact or fiction? Many are wondering about the possibility of the PEPE coin, the famous meme coin, reaching a price of 1 dollar. The short and straightforward answer is: almost impossible. Let's understand why: The enormous supply of coins The PEPE coin has about 420 trillion circulating pieces. For each piece to reach 1 dollar, the total market value of the coin would need to be about 420 trillion dollars. This number is fantastical and completely unrealistic! To clarify, the market value of Bitcoin, the largest cryptocurrency, has not yet exceeded 2 trillion dollars. Imagine that PEPE needs 210 times the current value of Bitcoin to reach this price! The current market value The current market value of the PEPE coin ranges between 5.8 and 6 billion dollars. To reach 1 dollar, its market value would need to grow by thousands of times, which has not been witnessed by any coin of this supply size. The nature of meme coins Meme coins like PEPE rely heavily on hype and popularity on social media more than any technical fundamentals or real projects. This makes them extremely volatile, and while they can see skyrocketing rises, they are also susceptible to sharp crashes. While they can achieve significant percentage increases, reaching a value of "1 dollar" requires a level of investment and demand unprecedented in the history of cryptocurrencies.
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