Currently, PEPE is trading at $0.00000810, and the total supply of tokens is 420.69 trillion. If #PEPE reaches $1 per token, its market capitalization would soar to 420.69 trillion dollars, which far exceeds anything seen in financial history.
In comparison, the entire global economy (GDP) is estimated at around $105 trillion, and at its peak, Bitcoin's market capitalization was only $1.3 trillion. Even during the peak of the cryptocurrency market in 2021, the total market capitalization of all cryptocurrencies was only $3 trillion.
This means that for PEPE to reach $1 per token, it would need to be worth more than four times the entire global economy, which is simply unfeasible.
Some investors speculate that burning a significant portion of PEPE's supply could make higher price levels more achievable. However, currently, PEPE lacks an aggressive deflationary mechanism, which means that the overwhelming majority of its supply remains in circulation.