To determine how many $PEPE coins you need to become a millionaire when the price hits $0.01, we can follow these steps:
Calculate the number of coins needed to reach $1,000,000:
Number of coins
=
$
1
,
000
,
000
$
0.01
Number of coins=
$0.01
$1,000,000
Calculate the value of your current investment if the price hits $0.1:
Given that investing $100 at the current price of $0.00001213 gives you 8,224,000 coins, we can see the potential value if the price hits $0.1.
Step-by-Step Calculation:
Number of Coins Needed:
Number of coins
=
1
,
000
,
000
0.01
=
100
,
000
,
000
coins
Number of coins=
0.01
1,000,000
=100,000,000 coins
Value of 8,224,000 Coins at $0.1:
Value
=
8
,
224
,
000
×
0.1
=
822
,
400
Value=8,224,000×0.1=822,400
Summary:
You need 100,000,000 PEPE coins to become a millionaire when the price hits $0.01.
Your current investment of $100 at the current price ($0.00001213) will give you 8,224,000 coins, which will be worth $822,400 if the price reaches $0.1.
Indeed, it's a significant increase, and while the cryptocurrency market is highly volatile and speculative, such scenarios illustrate the potential for large gains. However, it's essential to be aware of the risks involved in such investments.