#TradingMistakes101 *🚨 PEPE: The $6 to $1,000 Gamble – Smart Play or Meme Trap?**
### **💰 By the Numbers**
- **Current Price:** $0.00001312
- **500K PEPE Cost:** **$6.56**
- **If PEPE Hits:**
- $0.0001 → **$50** (7.6x)
- $0.001 → **$500** (76x)
- $0.002 → **$1,000** (152x)
### **🔥 Why PEPE Could Pop**
1️⃣ **Meme Coin Cycle:** DOGE/SHIB successors tend to rally hard
2️⃣ **Low Float:** 93% of supply circulating = volatile pumps
3️⃣ **Community Hype:** 500K+ holders fueling momentum
### **⚠️ Brutal Realities**
- **-90% Drops Happen:** Most meme coins crash after pumps
- **Whale Games:** Top 10 wallets control **12%** (they dump first)
- **No Utility:** Pure speculation – no revenue or tech backing