$PEPE reaching $0.0001 this year seems unlikely, considering its current price is $0.0000077 and its all-time high in December 2024 was $0.0000288. To achieve $0.0001, PEPE would need significant market growth and a substantial reduction in its token supply. Given its massive supply, burning tokens quickly enough to support such a price surge appears challenging.¹
Key Factors Influencing $PEPE's Price:
- Market Demand High demand and popularity contributed to $PEPE's remarkable growth in the past, cutting five zeros in its price over 2-3 years.
- Token Supply With a trillion tokens in circulation, a significant reduction in supply through burning would be necessary to support a price increase to $0.0001.
- Market Conditions: The current market downturn, with $PEPE's price at $0.0000077, makes it difficult to predict a swift recovery.
While there's a possibility of $PEPE cutting another zero in its price this month and potentially reaching new highs, reaching $0.0001 would require substantial market shifts and token supply adjustments. It's unlikely to happen within the next year without significant changes in the market or tokenomics.
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