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Can the PEPE coin reach 1 dollar?
Currently, the price of the #PEPE# coin is around
$0.000014 USD. To reach 1 dollar, the coin would need to rise by more than 7,000,000%, which would raise its market value to over 4 trillion dollars, a figure that exceeds the combined GDP of the United States, China, and Germany.
Is this possible?
According to most forecasts, this scenario is unrealistic in the near or even medium term. For example, optimistic estimates suggest that the price of PEPE could reach a maximum of 0.0002733 dollars by 2030, while other estimates predict a maximum price of 0.000175 dollars.
What are the obstacles to PEPE reaching 1 dollar?
1. Huge supply: The number of circulating PEPE coins exceeds 420 trillion, making it very difficult to achieve a significant price increase without a substantial reduction in supply.
2. Lack of practical use: PEPE is a meme coin without an actual technical project or tangible utility, and its value relies on community and media hype.
3. Market volatility: Meme coins are highly volatile and heavily depend on sentiment and hype, making them high-risk investments.

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