The $PEPE coin can reach $1. Can it happen? Absolutely Yes!
Many doubt Pepe Coin's potential to reach $1 due to its vast circulating supply across various exchanges—420 billion coins would require a market cap of $420 billion, which seems impossible.
Consider Bitcoin: in 2009, its price was $0.00099 per coin, and after 15 years, it soared to $73,000 per coin. Time is a crucial factor in achieving such price growth.
Pepe Coin operates on a deflationary model where coins can be burned to increase value. With each transaction, a small amount of coins are burned and removed from circulation. However, the system hasn't been updated recently, and the exact number of deflationary coins could be in the trillions.
Pepe Coin is highly influential and volatile in the cryptocurrency market, achieving significant gains within a year. Many are unaware of the impact of deflationary mechanisms.
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