Suppose you opt to invest $300 in PEPE at a price of $0.00000785 per token. If PEPE's price later rises to $0.005 per token, you can estimate your potential profit as follows:
1. Determine the number of PEPE tokens purchased:
Number of PEPE tokens = Total investment amount / Token price
Number of PEPE tokens = $300 / $0.00000785 ≈ 38,217,391 tokens
2. Calculate the profit:
Profit = (Target price - Purchase price) * Number of PEPE tokens
Profit = ($0.005 - $0.00000785) * 38,217,391 coins
Profit ≈ $189,861.42
Hence, if PEPE's price reaches $0.005 per token, your potential profit from an initial investment of $300 would be approximately $189,861.42.
It's essential to acknowledge that investing in PEPE carries both significant potential rewards and risks. Conduct thorough research and evaluate your risk tolerance before making any investment decisions.
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