Can PEPE break through the 1 mark? Of course! Here’s why:
🔹Many people believe that given the 420 trillion PEPE coins in circulation, it’s difficult for its price to reach 1 because it would require 420 trillion in funding - it seems like an impossible task, right? But let’s look back at 2009, when Bitcoin was worth only 0.00099. Today, 15 years later, it has soared to $73,000 per coin. How did this happen? Time is the powerful force that drives prices up.
🔹PEPE uses a deflationary model, which means that each transaction consumes a certain amount of coins, reducing the supply and potentially increasing its value. Although the specific deflation rate is still unclear, the amount of coins involved could be as high as trillions.
🔹Over the past year, PEPE has emerged in the cryptocurrency market as an influential and volatile asset that has brought rich returns to investors. However, many people have not yet realized its deflationary nature.
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