đ¨ $PEPE Price Outlook: Is a $1 Milestone Realistic? đ¨
Gracy Chen, the CEO of Bitget, has shed light on the future of Pepe Coin, highlighting some key considerations. Pepe Coin currently has a total supply of 42 billion tokens. If its price were ever to hit the $1 mark, this would place its total market value at an astronomical $420 trillionâfar surpassing the entire value of the global cryptocurrency market as it stands today. Because of this, itâs highly improbable that Pepe Coin would experience the 125,000% surge necessary to reach $1.
However, Chen also emphasized that in every bull market cycle, a leading meme coin typically emerges, often achieving a market cap that surpasses $10 billion. At present, Pepeâs market cap sits around $3.4 billion. Should the Pepe community continue to expand and gather more backing, it has the potential to reach that $10 billion milestone, potentially becoming the dominant meme coin in this cycle.
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