Can Pepe Coin Reach $1? Absolutely!
Many doubt Pepe Coin can hit $1 due to its massive supply of 420 billion coins, requiring a market cap of $420 billion. While this seems challenging, consider BNB: in 2017, it was $0.5 per coin and skyrocketed to over $600 in seven years, reaching a market cap of $79.25 billion. This demonstrates that significant price growth is possible.
Pepe Coin uses a deflationary model where coins are burned with each transaction, reducing supply and potentially increasing value over time. Despite no recent updates, this mechanism could still significantly impact its value.
Pepe Coin is highly influential and volatile, showing substantial gains in a short time. Many investors overlook the potential impact of its deflationary mechanisms.
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