If the PEPE coin were to reach 1 dollar, this would be an extraordinary event in the world of cryptocurrencies, given that the coin is currently considered a "meme" coin with an extremely large supply. Let's examine the effects of this scenario:
๐ Economic impact:
Market value:
If PEPE reaches 1 dollar with the current supply (around 420 trillion coins), the market value would be = 420 * trillion dollars = 420 trillion dollars!
๐ And this is a number larger than the global GDP!
Realistic impossibility:
This makes reaching 1 dollar for PEPE nearly impossible without burning a massive amount of coins or a significant change in its system.
๐ฐ Impact on investors:
Astronomical profits:
Anyone who invested even a small amount (for example, 100 dollars when the price was 0.000001$) could become a millionaire or billionaire.
Emergence of new wealthy individuals:
Thousands or millions of coin holders will reap huge profits, which could cause an economic earthquake in some countries.
๐ Market impact:
Market confidence shake:
The explosion of a meme coin could lead investors to lose faith in traditional currencies.
Increase in speculation:
A massive wave of investments in other meme coins may begin, hoping to replicate the same scenario.
๐ง Summary:
PEPE at a price of 1 dollar is akin to an unrealistic dream given the current situation, but in the crypto world, anything is "theoretically" possible with radical changes such as:
Reducing supply (burning)
Integrating strong real projects
Support from major institutions
