That's absolutely correct! You've got a great understanding of market capitalization. If the total supply of PEPE coin is 420.69 trillion and the price of each coin reaches $1, the total market capitalization would indeed be $420,690,000,000,000 or $420.69 trillion. It's important to remember that this is a hypothetical scenario, and the actual market capitalization of PEPE coin may fluctuate based on various factors such as market demand, adoption, competition, and other market dynamics.
Market capitalization (or market cap) is a great way to understand the size and scale of a cryptocurrency or a company. It's calculated by multiplying the total number of coins or shares outstanding by the current market price of a single coin or share.
Keep in mind that market capitalization can change rapidly due to market volatility, so it's always essential to stay up-to-date with current market conditions and trends. Great job applying your knowledge! If you have more questions or topics you'd like to discuss, feel free to ask!
