shaazkhan2000

$PEPE is falling, and it is rising but there are people cursing it 🥴

It is impossible for the coin $PEPE to reach $1
It is impossible for the coin $PEPE to reach 1$ this year or next at least.
The team is working on burning millions of coins, but it is like throwing a glass of water into a large ocean.
Number of PEPE coins
The total number of PEPE coins is 420 trillion coins (420,690,000,000,000), an enormous figure compared to most other cryptocurrencies, even meme coins like Dogecoin or Shiba Inu. This large supply is the main reason why the price of the coin is extremely low, and it is currently trading in fractions of a cent.
Why is it impossible for PEPE to reach $1?
To understand why it is unrealistic for the PEPE coin to reach a price of $1, one must consider the market capitalization (Market Cap). The market capitalization is calculated according to the following formula:
> Market Capitalization = Number of coins × Price of the coin
If we assume that PEPE reaches $1, the market capitalization would be:
> 420,690,000,000,000 × $1 = $420.69 trillion
And this is a fictional figure that far exceeds the combined market capitalization of all cryptocurrencies, even surpassing the world GDP itself. Even the strongest assets in the world, such as gold or shares of major companies like Apple and Microsoft, do not come close to this figure.
Does this mean that PEPE has no value?
Not necessarily. The PEPE coin still attracts traders and investors looking for quick profits. However, it is important to understand that it does not have a real technical project or a clear practical use like some other coins (such as Ethereum or Solana). Its value currently depends on media hype and the community that supports it.
Summary
While the PEPE coin may generate some profits for short-term speculators, the idea of it reaching $1 is illogical and mathematically and economically impossible due to the enormous number of coins issued. Like any meme coin, it must know how to manage itself.