-After seeing several posts claiming that it is possible for PEPE to reach $1, and even claiming that PEPE above $10 in 2025 is possible.
- All this made me decide to try to give an idea why this is impossible and just a fantasy. PEPE is cool and fun. But all those big numbers of $1 or more can be dangerous and misleading for newcomers to the cryptocurrency space.
- For PEPE to reach $1 with the current maximum supply, it would need to reach a market cap of $420,690,000,000,000
($420.69 trillion)
The market value of Bitcoin is currently around $1,220,000,000,000 ($1.22 trillion)
-So PEPE would have to have a market cap of about 400 times the current market cap of Bitcoin.
- From the 2023 report, the total money in circulation in the world is approximately $40 trillion. These are liquid assets. Physical money, and that held in savings and checking accounts.
- Even if they burned 90% of the PEPE supply, you would still need to reach a market cap of $42,069,000,000,000 ($42 trillion) to get $1 of PEPE. There's actually not enough money in the world to make that happen.
-But the only thing that could make it possible for PEPE to reach $1 is if, for some reason, the US dollar falls in the same path as the Zimbabwean dollar. They ended up with printed banknotes with a face value of 100 trillion ZIM dollars but a value of only 40 US cents.
This was due to hyperinflation resulting from a combination of factors such as excessive money printing, economic mismanagement, and political instability.
- Let's hope it never comes to this level. Fortunately, we have cryptocurrencies like Bitcoin, which are now more than ever considered an asset and store of value. This helps us keep our money safer against economic mismanagement by governments.
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