Can PEPE$PEPE reach $1? The answer: Almost impossible!
Despite the great optimism in the crypto community and the waves of enthusiasm surrounding meme coins, it is not only difficult for PEPE to reach $1... but mathematically and logically impossible at this time.
The main reason: the extremely large supply.
PEPE has a circulating supply exceeding 420 trillion coins.
If PEPE were to reach $1, it would mean its market value would exceed $420 trillion!
For comparison:
The total market value of the entire crypto market is currently less than $3 trillion.
The combined market value of Google, Apple, and Amazon is less than $10 trillion.
The GDP of the largest economy in the world (the United States) does not exceed $27 trillion!
Is it reasonable for PEPE to surpass all this?
Of course not.
The reality:
PEPE may experience short-term spikes or speculation, but reaching $1 is an unrealistic dream unless 99.99999% of the supply is burned, which is not on the table right now.
Advice:
Invest with your mind, not with your emotions. And remember that cryptocurrencies require study, not just wishes.
