Can PEPE Coin Reach $1?
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The answer is a big yes.Many people believe PEPE coin cannot reach $1 due to the vast number of tokens circulating on various exchanges. With 420 trillion coins, achieving a market cap of $420 trillion seems impossible.
In 2009, Bitcoin was priced at $0.00099 per coin. Over 15 years, it soared to $73,000 per coin. How did it reach such heights? Time is a crucial factor in price appreciation.PEPE coin employs a deflationary mechanism, which can burn multiple coins at any time to increase its price. In each transaction, a small number of coins are burned and removed from the system.
However, this deflationary process is not yet fully implemented, and the exact number of deflationary coins could be in the trillions.PEPE coin is highly influential and volatile in the crypto market, with significant gains in just one year. Many people are unaware of its deflationary nature.
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