Chat GPT reference on the feasibility of reaching $1 for $PEPE
Detailed analysis based on the current price of $PEPE: $0.00001742
Based on the price of $0.00001742 and total circulating supply of 420,690,000,000,000 tokens, we will analyze the ability to reach higher price milestones while applying economic and mathematical theory for evaluation.
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1. Market capitalization needed to reach $1
Market capitalization formula:
\text{Market Capitalization} = \text{Token Price} \times \text{Circulating Supply}