Pepe rises to 1 dollar? These will break your fantasy!
Want to know how many times PEPE needs to rise to reach 1 dollar? First, we need to take a look at its current price. Right now, this price is still far from 1 dollar, and it's predicted that by the end of November 2024, it might only barely touch 0.00002290 dollars.
Current price of Pepe: 0.00002134 dollars
Target price: 1 dollar
Let's calculate how much it needs to rise
Amount to rise = Target price - Current price
Amount to rise = 1 dollar - 0.00002134 dollars = 0.99997866 dollars
How many times it needs to rise
Rise multiple = (Amount to rise ÷ Current price) × 100
Rise multiple = (0.99997866 dollars ÷ 0.00002134 dollars) × 100 ≈ 4,685,935 times
Now let's look at the market capitalization
Currently, there are a total of 420.67 trillion Pepe coins, if each rises to 1 dollar, the market cap would be 420.67 trillion dollars, which is higher than the entire world's GDP!
So, to let Pepe rise to 1 dollar, unless there's some major change in the market or supply, otherwise, this dream is probably hard to realize. Pepe needs to rise 4,685,935 times to reach 1 dollar, but looking at the current situation, it's truly becoming increasingly difficult.
