Coin $PEPE can reach 1 dollar. Could this happen? Absolutely yes!
Many doubt Pepe Coin's potential to reach $1 due to its sheer volume in circulation on various exchanges - 420 billion coins would require a market cap of $420 billion, which seems impossible.
Take Bitcoin for example: in 2009, its price was $0.00099 per coin, and 15 years later it skyrocketed to $73,000 per coin. Time is a critical factor in achieving such price increases.
Pepe Coin operates on a deflationary model, whereby coins can be burned to increase their value. With each transaction, a small number of coins are burned and removed from circulation. However, the system has not been updated recently, and the exact number of deflationary coins could be in the trillions.
Pepe Coin is very influential and volatile in the cryptocurrency market, achieving significant gains throughout the year. Many people are unaware of the impact of deflationary mechanisms.
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