PEPE coin may rise to $1! How does it do that?
Of course it can!
Many people think that PEPE coin cannot rise to $1 because there are too many tokens in circulation.
It is simply a fantasy to want 420 trillion tokens to rise to $420 trillion.
But think about it, in 2009, Bitcoin was only a few cents. 15 years later, it soared to $73,000 per coin.
Why can it rise so high? Time is the biggest factor.
PEPE coin has a deflation mechanism, which can destroy tokens at any time to increase the price. Every time a transaction is made, a little token will be burned and removed from the system.
Although this function is not yet online, imagine that the tokens that are burned are calculated in trillions.
PEPE coin is a hot commodity in the cryptocurrency circle, with large price fluctuations, and you can make a lot of money in a year. Unfortunately, many people still don't understand what deflation is. But it doesn't matter, time will tell!