Pepe at $1?

With a supply of 400 trillion Pepe coins, reaching $1 would imply a market cap of $400 trillion—which is well above the total value of all global financial markets combined. To put that into perspective, Bitcoin’s highest market cap was around $1.7 trillion, and the entire cryptocurrency market hasn’t surpassed $3 trillion at its peak.

For Pepe to realistically get close to $1, several things would need to happen:

1. Significant Supply Burn: Drastically reducing the total supply through token burns would be essential. Even cutting the supply by 99% would still leave 4 trillion coins, requiring a market cap of $4 trillion at $1 per coin.

2. Unprecedented Demand: It would need a massive, sustained wave of global interest, with continued buying pressure from both retail and institutional investors.

3. Use Case Development: Beyond memes, Pepe would need utility—perhaps in gaming, DeFi, or as a widely accepted payment method—to boost its value.

The biggest hurdles include its huge supply, competition from other meme coins, and market saturation. Without drastic changes, reaching $1 seems nearly impossible under current conditions.