$PEPE at $1?
With a supply of 400 trillion Pepe coins, reaching 1.$ would mean a market cap of $400 trillion – far exceeding the total value of all global financial markets combined. To put this in perspective, $BTC’s highest market cap was around $1.7 trillion, and the total value of the cryptocurrency market was just under $3 trillion at its peak.
For Pepe to realistically get close to $1, several things need to happen:
1. Significant supply burn: The total supply will need to be drastically reduced by burning the tokens. Even if supply were reduced by 99%, there would still be 4 trillion coins, requiring a $4 trillion market cap at 1.$ per coin.
2. Unprecedented demand: A massive and sustained wave of global interest, accompanied by sustained buying pressure from individual and institutional investors, will be required.
3. Developing use cases: Beyond $MEME, Pepe will need interest—perhaps for gaming, DeFi, or as a widely accepted means of payment—to generate value.
The biggest obstacles include its massive supply, competition from other meme coins, and market saturation. Without radical changes, reaching $1 seems nearly impossible under current conditions