An experienced trader advised those who claim $PEPE will reach $1 to first examine the supply, which currently stands at 420 trillion coins. She pointed out that reaching $1 would imply a valuation of $420 trillion for Pepe, surpassing America's wealth.
The trader deemed this scenario impossible, adding that even reaching $0.1 or $0.01 is highly unlikely.
She mentioned that the only possible way for the price to reach $0.01 or higher would be to burn the supply by sending tokens to an inaccessible burner wallet. However, the trader considered this unlikely, questioning why anyone would willingly burn tokens, especially since retailers hold a significant number of tokens and would likely sell them if the price reached $0.01.
The trader concluded by urging people to stop fantasizing about unlikely scenarios and instead study the market to make profitable investments and trades.
