Pepe Coin has captured the imagination of the meme-coin community, but can it truly ascend to the top spot? With a current price of $0.00001045 and a market cap hovering around $3.4 billion, Pepe’s rise has been nothing short of extraordinary. However, aiming for that coveted $1 per token seems like a stretch too far. As Gracy Chen, CEO of Bitget, explained, with Pepe's massive supply of 42 billion tokens, reaching $1 would give it a staggering market value of $420 trillion—more than the entire cryptocurrency market combined!

Despite this, there's still plenty of room for excitement. Historically, each bull market cycle crowns a meme coin as the market leader, with its market cap soaring above $10 billion. Could Pepe be the next to take the throne? If the Pepe community continues its strong rally and expands, a $10 billion market cap might be within reach, which would solidify its position as the meme coin of this cycle. That would mean nearly tripling its value from here!

Pepe’s growth potential lies in its passionate community and the broader meme coin craze that has fueled coins like Dogecoin and Shiba Inu in the past. The next bull run could see Pepe exceed expectations, potentially even surpassing Litecoin’s market cap. Could Pepe be the meme coin king of 2024?

Will you hold, trade, or sit this one out? The meme coin madness is far from over!

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