CAN PEPE MAKE YOU A MILLIONAIRE :
The creators of the PEPE token took inspiration from the famous “Pepe the Frog” meme. Like other meme cryptocurrencies, it has no fundamental value and only increases in value due to interest from community members. So, can investors become millionaires by investing in PEPE?
In a short time, the asset became one of the most discussed meme coins, generating good profits for early investors. PEPE is currently trading 81.73% below its all-time high reached on May 5, 2023.
Brief History of PEPE
The PEPE token is inspired by the famous “Pepe the Frog” meme, which first appeared in 2005 in Matt Fury’s Boys Club comic and subsequently became a symbol of support for former US President Donald Trump. According to the project’s official website, the total supply of PEPE is 420,690,000,000,00,000 tokens.
How Many PEPE Tokens Do You Need to Buy to Become a Millionaire?
To calculate the amount of PEPE you need to buy to become a millionaire when the price returns to its all-time high of $0.00000431, you can use the following formula:
PEPE amount = Target amount / Expected future price,Where :Target amount: $1 millionThe expected future price is its all-time high of $0.00000431.
Therefore, to see a round amount of $1 million in the account, you would have to buy 232,019,487,536 PEPE. At the current price of $0.000000788334, the value of the coins would be around $182,396.
However, investors should remember that the cryptocurrency market can be extremely volatile and subject to the influence of “black swans.” The above calculations are based solely on current data and assumptions.
