Gracy Chen, CEO of Bitget, explained that Pepe Coin has a total supply of 42 billion tokens. If the price were to reach $1, the total market value would be $420 trillion, which is bigger than the entire cryptocurrency market's current value. Because of this, it's unlikely that Pepe will rise 125,000 times to reach $1.
She also mentioned that each bull market cycle usually sees one meme coin becoming the leader and hitting a market cap over $10 billion. Right now, Pepe’s market cap is about $3.4 billion. If the Pepe community continues to grow and gain support, it could reach $10 billion, becoming the top meme coin of this cycle.
