In-depth prediction of whether PEPE can reach 1$ USD
Given the following data:
Current market value of PEPE: about $3.78 billion.
Total circulating supply: 420.69 trillion PEPE.
Analyzing the possibility of PEPE reaching $1 per coin:
- Required market value = 420.69 trillion PEPE * 1 USD = 420.69 trillion USD.
Possibility of reaching $1:
Compared with the current market value, the market value required to reach $1 is much larger. It greatly exceeds the total market value of all cryptocurrencies.
For context, the market value of the largest cryptocurrency Bitcoin is about $500 billion. The global economy itself cannot support a market value of hundreds of trillions of dollars.
Summary:
From a realistic perspective, there is a huge gap between the huge market value required to achieve a hundredfold growth, given its huge supply and the required market value, but potential is always accompanied by unknowns and possibilities. Considering the infinite possibilities of the meme market, if PEPE can make breakthrough progress in technological innovation, ecological expansion, community building, etc., and attract stronger consensus, its future growth potential cannot be underestimated.
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