Why do some people believe that $PEPE can reach $1 or even $0.10?
Honestly, this is one of the most unrealistic opinions in the history of cryptocurrencies.
At this moment, PEPE is trading at around $0.0000098.
Do you know what the total supply of PEPE is? It's a huge amount of 420 trillion tokens đ€Ą.
If 1 PEPE were equal to $1, the market capitalization would be $420 trillion â which is absurd, considering that the entire cryptocurrency market doesn't even come close to that.
Even if PEPE somehow burned 419 trillion tokens (which is highly unlikely), the remaining 1 trillion at $1 each would still mean a market capitalization of $1 trillion â about the size of the entire cryptocurrency market today.
So, if you think that $0.10 is realistic, think again. That simply isnât going to happen.
Maybe $0.01 is theoretically possible, but not anytime soon â and definitely not before 2030. That would require massive token burns and serious demand from users.
If PEPE can maintain the hype and build more demand, it might cut another zero and reach $0.00009 this year.
But personally, I don't think that's likely. I believe it will stay around four zeros (0.000009).
Still, it is one of the most talked-about meme coins out there.
Cutting six zeros in just two years is already crazier than what most people imagine.
Good luck to all PEPE holders.