Determining if PEPE can reach $1 and make you a millionaire involves diving
1. Total Supply of PEPE
The max supply of PEPE tokens is 420,690,000,000,000 tokens (420.69 trillion). This colossal supply substantially impacts each token's potential price.
2. Market Cap at $1 per PEPE
To reach $1 per PEPE:
Market Cap = Total Supply × Price per TokenFor PEPE to hit $1:It would result in a market cap of $420.69 trillion.For context:Bitcoin’s all-time high market cap: ~$1.3 trillionThe entire crypto market peak cap: ~$3 trillionThis suggests that for PEPE to hit $1, the market would need to grow to levels vastly beyond the current global economy.
3. Realistic Price Expectations
Given the enormous supply, reaching $1 is unlikely without drastic changes like:
Burn Mechanisms: Reducing the total supply by burning tokens.Unrealistic Demand Surge: Massive and sustained buying pressure.
4. Your Potential Profit
To gauge your millionaire potential, let's consider realistic price targets:
If PEPE reaches $0.001 (1/1000 of a dollar):If PEPE reaches $0.0001:
Share your PEPE holdings with me, and I’ll calculate your potential profits!