Could PEPE cost $1?
It is very important to set logical goals when analyzing cryptocurrencies, especially meme currencies. Therefore, PEPE price expectations that it will likely reach $1 are completely illogical. Since this means a 1000x increase from the current price, This will make the currency's market value greater than the entire crypto market.
Therefore, this goal is completely illogical and is not in line with logical currency goals. But as we said, it is realistic for this currency to become the second largest meme currency after Dogecoin, and there may even be a chance for it to become the No. 1 meme currency.
But we do not expect an increase of more than 500% from the current price, even at the top of the bull market. This is because most of the currency's gains have already been achieved since the previous rise that occurred at the beginning of the year.