The total circulation of PEPE tokens reaches 420.69 trillion coins; this staggering figure indicates that if its price reaches 1 dollar, the theoretical market capitalization will exceed 420.69 trillion dollars. From a global economic perspective, this value significantly exceeds the support of the current financial system.
Firstly, the value of PEPE primarily depends on community cohesion and on-chain activity, rather than on traditional financial metrics. A strong community ecosystem is the main source of its viability.
Secondly, market sentiments play a key role in shaping the value of PEPE. Network effects and community spread can quickly amplify price fluctuations, creating investment opportunities.
Finally, PEPE's market position is very clear; it represents the spirit of grassroots in the world of cryptocurrencies and a sense of community. Its value manifests in a sense of participation and cultural symbolism, rather than in alignment with the value of traditional assets.
