Gracy Chen, CEO at Bitget, pointed out a fact that shocks many: with a total supply of up to 42 trillion tokens, if the price of Pepe reaches 1 dollar, its market cap would hit a colossal 420 trillion dollars.
This number far exceeds the total market capitalization of the entire cryptocurrency market currently! According to Chen, this indicates that a price increase of Pepe by 125,000 times to reach 1 dollar is almost impossible.
However, Chen also notes that in every growth cycle of the market, there is often a standout meme coin that surpasses the 10 billion dollar market cap. Currently, Pepe's market cap has reached 3.4 billion dollars.
If the Pepe community continues to grow strongly and makes it the leading meme coin of this cycle, the possibility of its market cap reaching 10 billion dollars is entirely possible.
