$PEPE PEPE Updated Analysis
Key Market Data
Current Price: $0.0000244 (as of December 13, 2024)
Market Cap: $10.3 billion
Circulating Supply: 420.69 trillion tokens
24h Trading Volume: $3.25 billion
24h Price Range: $0.0000232 - $0.0000247
Market Sentiment: Bullish (1.25% increase in 24h)
Historical Performance
All-Time High (ATH): $0.000028 (December 9, 2024)
All-Time Low (ATL): $0.000000055142 (April 18, 2023)
Year-to-Date Change: +1670.9%
30-Day Change: +18.56%
Tokenomics and Features
Maximum Supply: 420.69 trillion tokens
Unique Selling Points:
No-tax policy.
Redistributive mechanism rewarding long-term holders.
Burning mechanism to maintain scarcity.
Growth Potential
To reach $0.01, PEPE's market cap would need to exceed $4.2 trillion, an ambitious target given current market conditions. Its strong community backing and speculative nature make it a high-risk, high-reward asset.
Conclusion
PEPE's recent performance shows bullish momentum, supported by increased trading activity and investor interest. However, its substantial circulating supply poses significant challenges for achieving higher price milestones like $0.01. Investors should monitor market trends, whale activity, and community engagement closely.
