Why won't #PEPE go up to $1?
Here are the reasons
PEPE is a deflationary currency. What does this mean? That there are a huge number of tokens in circulation.
According to their White Papper, there are 420,690,000,000,000. Of which, 91.3% is allocated to the liquidity pool (391,790,000,000,000) while the rest is in a multi-signature wallet and is reserved for future inclusions.
If we take into account #Bitcoin! , it has a limited supply of 20,999,999.999.
That is why PEPE will not rise, or at least, it will be very difficult to burn those tokens in the market.
What can you make money with PEPE in the short term? YEAH
Due to its high volatility
Currently, on Binance, the largest Broker on the market, there are more than 3,000,000,000,000 betting on the upside while another more than 3,000,000,000 are betting on the downside. Keeping PEPE at a stable price.