Introduction
The "Pepe" (PEPE) coin is a meme coin that emerged in 2023, inspired by the famous Pepe the Frog character in internet culture. Similar to coins like Dogecoin and Shiba Inu, Pepe relies more on community influence and media hype than on presenting a deep technical project. Although it started as a joke, many investors are betting on its significant rise... Some even believe it could reach 1 dollar someday.
But... does this make sense?
Why do some think PEPE could reach a dollar?
1. Previous successes of meme coins
Many believe that coins like Dogecoin and Shiba Inu achieved insane rises that were not expected, despite having no strong projects behind them. Therefore, some imagine that the scenario could repeat with PEPE.
2. Entry of major content creators and influencers
When celebrities or influencers on platforms like X (formerly Twitter) or TikTok promote a coin, it can attract hundreds of thousands of small investors who buy just out of "fear of missing out" (FOMO).
3. The very low price makes it tempting
The current price of the coin is equivalent to a tiny fraction of a cent, leading people to think: "What if it reaches a dollar? I'll become a millionaire!" — this simple idea is psychologically powerful.
4. Ease of trading on major platforms
Listing the coin on major platforms like Binance or Coinbase increases its credibility and expands the buyer base.
The truth: Is it realistic for PEPE to reach 1 dollar?
Let's look at the numbers:
The number of PEPE coins in the market exceeds 420 trillion coins.
If the coin reaches 1 dollar, the market value would be 420 trillion dollars.
For comparison: the market value of Bitcoin is currently less than 1.5 trillion dollars, while the entire crypto market combined is less than 3 trillion.
Conclusion: The prospect of PEPE reaching one dollar is practically impossible economically, unless more than 99.99% of the supply is burned, which is currently unexpected.
Why is PEPE still an interesting coin?
Although reaching a dollar is unrealistic, the coin could achieve massive rises of 1000% or more in the event of a general bull run, especially if community support and memes continue.
Summary
PEPE is a community meme coin that does not rely on a real project.
Its reaching a dollar is economically impossible due to the massive supply.
But it may remain an attractive speculative opportunity for those who understand the risks.
