$BTC $PEPE #bitcoinhalving #Memecoins #PEPE_KING_OF_ALL_MEME_COINS

Pepe Coin (PEPE) has been one of the most trending and most highly-traded cryptocurrencies in the market for weeks now. It has experienced impressive growth in value by 700% over the past 30 days alone. This bullish momentum pushed the PEPE price to its all-time high of  $0.000009885. However, the price has since dropped by 10% with the community wondering if it is the end of the road for the bulls. Nevertheless, Pepe continues to attract the interest of both investors and enthusiasts, raising questions about whether it will reach $1 in 2024.

some analytics research :

According to some analysts, it is extremely unlikely for PEPE to reach a value of $1. They claim that having a circulating supply of 420.67 trillion would lead to a market capitalization exceeding $420 trillion if such a price is achieved, thereby outperforming the total gross domestic product of the world, which was $100.88 trillion in 2022.

At the moment, PEPE is valued at $0.000008933 in the market. Despite the many zeros in this figure, the price of the coin has incredibly soared by over 15000%. Because of this growth, some investors are speculating about the possibility of the coin reaching $1 in the future.