In order for the price of Pepe (PEPE) to reach $0.003 with the current circulating supply of approximately 420.69 billion coins, the required market cap would be:

\text{Market Cap} = \text{Desired Price} \times \text{Circulating Supply} \text{Market Cap} = \$0.003 \times 420,690,000,000,000 = \$1,262,070,000,000

This means that the market cap of PEPE would need to be approximately 1.26 trillion US dollars for the price to reach $0.003 per coin. Currently, the market cap of PEPE is around $4.04 billion. Therefore, the price would need to increase significantly to reach $0.003.

It is important to note that such a drastic increase in market cap would imply that PEPE would surpass many of the major cryptocurrencies in terms of total value, which is unlikely given the speculative and volatile nature of “memecoins.” Furthermore, the total supply of PEPE is extremely high, making it even more difficult to reach such high prices without a significant reduction in the circulating supply.

Thus, while it is mathematically possible to calculate the market cap needed to reach a price of $0.003 per PEPE, in practice, it is unrealistic to expect this to occur without significant fundamental changes to the market or the structure of the coin’s supply.