$PEPE to the Moon: Can @Pepecoin Reach a $1 Price?
Gracy Chen, CEO of Bitget, has expressed doubt about Pepecoin reaching a price of $1 due to its total supply of 42 billion tokens. This would result in a market capitalization of $420 trillion, exceeding the current total market capitalization of all cryptocurrencies.
However, Chen acknowledges that leading meme coins often achieve market capitalizations of over $10 billion during bull market cycles. With Pepecoin's current market cap of around $3.4 billion, there's potential for it to reach $10 billion if the#PEPE_EXPERT
community's support continues to grow.
Ultimately, whether Pepecoin will reach $1 remains uncertain. While its current market cap and community support suggest potential for growth, achieving a price of $1 would require an unprecedented level of market capitalization.