Can $PEPE Coin Reach $1?
The big answer is yes
Many people believe that pepe coin cannot reach 1 USD because the number of tokens circulating on different exchanges is very large. 420 trillion coins require 420 trillion dollars, which is impossible.
In 2009, the price of bitcoin was 0.00099 USD per coin. After 15 years, it increases to $73,000 per coin. How did it reach its peak? Time is a very important factor in increasing prices.
Pepe coin operates on a deflationary method, which can burn many coins at any time to push its price up. For each transaction, a small number of coins are burned and deleted from the system. But it hasn't been updated yet. There is no exact number on how many deflationary currencies there can be in trillions.
Pepe has a huge and volatile influence in the cryptocurrency market with huge gains in one year. Many people don't know about deflation.