Can PEPE Hit $1? A Future Analysis
With a current market cap of $3.78 billion and a circulating supply of 420.69 trillion PEPE, we examine the feasibility of PEPE reaching $1 per coin.
To reach $1, PEPE's market cap would need to soar to $420.69 trillion, vastly surpassing its current value and the combined market cap of all cryptocurrencies. For perspective, Bitcoin's market cap is around $500 billion, and even the global economy couldn't support a market cap in the hundreds of trillions.
Realistically, PEPE's massive supply and required market cap make it extremely challenging, if not impossible, for it to reach $1. Even significant market shifts wouldn't be enough to achieve this price point.$PEPE
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