In just one month, Pepecoin ($PEPE) has surged nearly 58%, becoming a star player among meme coins. Trading volume has skyrocketed, FOMO sentiment has soared, and even Trump's social platform unexpectedly provided a boost, leading investors to wonder: Can $PEPE knock on the door of $0.01 in the near future?
Entering 2025, $PEPE is truly a runaway success. In the past month, it has risen by 57.9%, and its market capitalization has climbed to $58.80 billion, becoming the only meme coin among the top seven by market cap to rise in the last 24 hours.
From the intraday performance, Pepecoin has risen nearly 5%, trading volume surged by 31.8%, and the open interest increased by 9.81%. Coupled with nine consecutive days of positive financing rates, bullish sentiment continues to dominate the market. But, is the dream of $0.01 really realistic?
Meme endorsement: Trump's 'hint,' Musk's 'paving the way'?
Behind this wave of enthusiasm, political and celebrity effects once again play a driving role:
Trump posted a photo on his social platform, with the classic $PEPE frog mascot faintly visible in the background. This 'coincidence' instantly ignited bullish sentiment in the meme community;
Earlier, in December 2024, Musk briefly changed to a Pepecoin-themed avatar, which directly pushed $PEPE to a historical high of $0.00002825;
In terms of search interest, although it has fallen from a peak of 100 on May 14 to 21, it is still 8 percentage points higher than its peer meme coin, Dogecoin (DOGE).
Search volume, social exposure, celebrity hints — these factors that once ignited DOGE and SHIB are gradually stacking onto $PEPE.
Behind the 1 cent dream, the massive supply is the biggest ceiling.
The reality is far slimmer than dreams. According to xAI's Grok analysis, the current trading price of $PEPE is approximately $0.00001375, with a market cap of about $59 billion. But the problem is — the circulating supply reaches as high as 420.69 trillion coins.
A simple calculation shows that to achieve a price of $0.01, the market cap needs to reach an astonishing $42.1 trillion — surpassing the market caps of Apple, Microsoft, and even Bitcoin at its peak, and approaching one-fifth of the U.S. GDP.
From a fundamental perspective, the scale of this market cap has almost no chance of realization in the short to medium term. Even if Pepecoin continues to dominate in meme culture and social topics, it's hard to achieve such a level of valuation leap out of thin air.
Mlion.ai's reasonable market cap range model also shows that based on current market sentiment and on-chain data, the reasonable target price for $PEPE in the short term is around $0.000022, far below 1 cent.
Technical analysis: Key support and resistance levels reveal short-term direction.
Currently, the trading range for $PEPE is stable around $0.00001375;
Support level: $0.0000112 to $0.000012, the baseline successfully defended by bulls recently;
Resistance above: $0.0000155 to $0.0000175, and a breakout may challenge the previous high of $0.000022.
From a technical indicator perspective, the current RSI is at 58.86, in a neutral zone, indicating that the market has not shown overheating phenomena. If it can steadily break through $0.0000155, the next stop will be to challenge the previous high; conversely, if it falls below $0.000012, the short-term bullish structure will be broken, increasing adjustment pressure.
Mlion.ai's trend tracking module indicates that capital inflow is ongoing, social sentiment is rising, but momentum indicators are starting to show slight divergence, reminding investors to remain rational.
So, how should investors respond?
In the face of $PEPE's short-term explosion and long-term dreams, investors should plan rationally:
Short-term traders: Pay attention to the breakout at $0.0000155 and set reasonable profit-taking points;
Long-term holders: Be wary of the oversized circulating supply limiting future valuation ceilings;
Risk control: Utilize Mlion.ai's dynamic profit-taking and stop-loss settings to prevent pullbacks caused by overheated emotions;
Sentiment monitoring: Use on-chain large transaction monitoring and whale movement tracking tools in real-time to avoid sudden selling pressure disrupting the upward momentum.
Conclusion:
1 cent seems simple, but behind it is enormous circulating pressure and market cap limits. However, in a market dominated by meme culture, there has never been an absolutely impossible story.
$PEPE is proving through action that even in a stock game era, it can leverage sentiment, topics, and cultural symbols to pry open incremental space. What you need is to use Mlion.ai's intelligent investment research tools to see through the true pulse behind the bubble, remain calm in the turmoil, and take the right position before the carnival.
Disclaimer: This article is for information sharing only and does not constitute any investment advice. Cryptocurrency assets are highly volatile; please make decisions cautiously based on your risk tolerance.
