Why is PEPE likely to become the third tens-billion Meme?

In the last bull market, Doge and Shib emerged respectively, becoming the first and second Meme with a market value exceeding tens of billions of dollars. Their peak market values ​​reached an astonishing US$100 billion and US$50 billion respectively. Regarding the current bull market, we also look forward to Meme's ability to achieve a market value of tens of billions. PEPE is gradually emerging, and here is my brief analysis of its possibilities:

Bull market calls for super Meme: This bull market has benefited from multiple positive factors such as ETFs, halvings, interest rate cuts, etc. Bitcoin is expected to create a new historical high. The scale of funds in the currency circle has increased significantly compared to the previous round, which provides fertile ground for the rise of super Meme. Conservative estimates suggest that the market value of the currency circle will reach US$6 trillion, of which Meme’s market value will account for at least 2%, which means that the Meme market is expected to reach a scale of US$120 billion. In such a market environment, PEPE, as the new Meme leader, is expected to have a market value of tens of billions of dollars.

PEPE’s cultural heritage: The core of Meme lies in consensus, and PEPE, as a cultural symbol originated in 2005, has a profound Meme cultural heritage and a strong consensus foundation. Whether in the West or the East, PEPE has a wide audience and fans. This cross-cultural consensus basis provides a solid foundation for the rise of PEPE.

PEPE’s reshuffle and rebirth: PEPE’s development process has been full of tests, and has experienced differences in the original team and the baptism of the market. However, it was these experiences that allowed the PEPE consensus to be reshaped and consolidated, and the true believers remained. This thorough washout and rebirth process provides fundamental support for the outbreak of PEPE.

Favored by capital and hot money: PEPE, as a Meme target with low valuation and high potential, has attracted the attention of many capital and hot money. Its wide audience, good market depth and natural Meme genes make PEPE the focus of capital pursuit. In a bull market, capital and hot money will vote with money, driving the price of PEPE to continue to rise.

Potentially favorable promotions: PEPE’s rise not only relies on its own strength, but also benefits from a series of potentially favorable promotions. For example, the support of top funds and market makers, potential cooperation with exchanges, etc. will provide strong support for the rise of PEPE.These back-up plans will further enhance PEPE's market competitiveness and appeal.

With its profound cultural heritage, broad consensus foundation, good fundamentals and potential favorable promotion, PEPE is likely to become the third 10 billion-level Meme.

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