Why is PEPE expected to become a 10 billion-level MEME coin?
Looking back at the last bull market, the market capitalization peaks of Doge and Shib reached an astonishing 100 billion US dollars and 50 billion US dollars respectively. So, in this bull market, is it possible for PEPE to be among the 10 billion-level market capitalization? Here are a few key reasons:
Super bull market gives birth to super MEME coins
With the launch of ETFs, Bitcoin halving, and interest rate cuts, Bitcoin is expected to hit a new high in this bull market, and the total market capitalization of the entire currency circle is expected to reach 6 trillion US dollars. Against this background, the market share of MEME coins is expected to reach 2%, that is, the market size is at least 120 billion US dollars. As the new leader of MEME coins, PEPE is expected to form a three-legged tripod with Doge and Shib, and its market capitalization is expected to reach 40 billion US dollars.
The profound MEME cultural heritage contained in PEPE
MEME, as a cultural symbol, is centered on consensus. This consensus can come from multiple dimensions, among which narrative-level MEME and cultural-level MEME are the two main forms. PEPE originated from "Boys Club" in 2005. Its MEME cultural genes are richer and it has a large number of followers among Internet users. The consensus of PEPE mainly comes from its deep MEME cultural heritage, and culture has always been one of the core consensuses in human civilization.
Tested and market reshuffle
PEPE has experienced the severe test of survival and death. Initially, PEPE landed on Binance in a high-profile manner, but then the price was depressed for a long time for 10 months due to the split of the original team. However, this experience also left true believers. At present, PEPE is valued at about 3 billion US dollars, with a broad audience base, sufficient market reshuffle and natural MEME genes. In the bull market, the pursuit of PEPE by capital and hot money is expected to form the strongest market consensus.
In summary, PEPE is expected to become a tens-billion-level MEME coin. Its deep MEME cultural heritage, tested market performance, potential benefits and support from top capital are all strong guarantees for its market value growth.
