Let's calculate mathematically 🤓
We will use a very simple market capitalization formula:
Market capitalization = price * number of tokens
Let's start with PEPE 🐸
Price: 0.00000738
Supply: 420.69 trillion tokens
Current market capitalization:
0.00000738 * 420.69 trillion = 3.11 billion USD
Now let's imagine the price = 1 USD.
Then the market capitalization should be =
1 * 420.69 trillion = 420.69 trillion USD. 🤯
This is more than the market capitalization of all cryptocurrencies combined. For comparison, Bitcoin's market capitalization is currently 1.69 trillion USD. That is, for PEPE to be worth 1 USD, there must be invested 245 times more dollars than in Bitcoin. And almost 150 times more than in all cryptocurrencies combined)) I think this is impossible 🤷🏻♀️ 😭
Now Bitcoin:
Let's take the price of 300k USD and the current supply of 19.85 million tokens.
Market capitalization should be =
300,000 * 19,850,000 = 5.9 trillion USD
Currently, Bitcoin's market capitalization is 1.69 trillion USD. Therefore, to raise the price to 300k, the market capitalization must increase approximately 3.5 times.
I think this is very possible. Considering the growing adoption, it could very well happen.
What else should we calculate? Write in the comments.