$PEPE
May 16th Update: PEPE Is Flying — But Will It Ever Land at $1?
Let’s skip the hype and look at the facts.
PEPE has:
No team
No roadmap
No real-world utility
A staggering 420.69 trillion token supply
To reach $1, PEPE would need a market cap over $420 trillion — more than the entire global economy.
So what’s driving it?
Memes. Vibes. Hype.
Community buzz and trend-chasing keep it afloat.
Even with a 6.9T token burn in October 2023, price bumps were short-lived. Why?
Burns are outweighed by airdrops and reward mechanisms — barely denting the supply.
No utility. No long-term demand drivers.
Just short bursts of FOMO-fueled action — not a recipe for sustainable growth.
Bottom line:
$PEPE is fun, fast, and wildly speculative — but a $1 target?
That’s meme magic, not market math.
