#PEPE
I asked artificial intelligence and this was its opinion on PEPE coin
It is a meme coin that relies heavily on community enthusiasm and speculation, and it does not have a strong technical project or wide practical uses so far. Therefore, expecting it to reach 1 dollar is considered unrealistic under current circumstances, for the following reasons:
1. Number of coins (total supply):
The total supply of PEPE coin exceeds 420 trillion units.
For PEPE to reach 1 dollar, its market value must be 420 trillion dollars, which is more than the market value of all digital assets combined, and even greater than the global GDP!
2. Current market value:
Even at its peak, PEPE's market value did not exceed several billion dollars.
3. Lack of real use cases:
Unlike Bitcoin or Ethereum, PEPE does not have strong use cases or institutional adoption.
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So, can PEPE increase in price?
Yes, it might rise during bull market periods due to speculation, and it could reach numbers like:
0.0001 dollars or even 0.001 dollars in the long term (and even these are very ambitious numbers).
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Summary:
1 dollar per PEPE = impossible currently and for a very long time, and perhaps never.
If a miracle happens and they significantly reduce the number of coins (burning hundreds of trillions), new opportunities may open up, but there are currently no indications of that.
