It's almost back to zero, I'm still dreaming

The idea of PEPE reaching $1 by the end of 2024 is highly improbable due to several factors:

1️⃣ Circulating Supply vs Market Cap:
PEPE’s massive supply (e.g., 420 trillion tokens) would require a market cap of $420 trillion for the price to hit $1. This far exceeds the entire cryptocurrency market cap (around $1 trillion today).

2️⃣ Hype-Driven Nature:
As a meme coin, PEPE’s price depends on community excitement, trends, and speculative trading. While sudden spikes are possible , maintaining such levels is difficult.

3️⃣ Utility Matters:
Unlike tokens with real-world use cases, meme coins often lack utility, making long-term growth challenging.

4️⃣ Market Conditions:
A 2024 bull run could boost meme coins, but hitting $1 is unlikely. Realistic targets are fractions of a cent, like $0.0001 or $0.001.

5️⃣ Regulations & Listings:
Regulatory hurdles or delistings could hurt growth, while new listings or partnerships might provide short-term boosts.

🎯 Conclusion:
While PEPE could see price gains with favorable conditions, $1 is unrealistic due to its tokenomics. Always manage risks and only invest what you can afford to lose. #MarketNewHype #BTCNewATH #BinanceAirdropsCATandPENGU #USUALSpotPrediction #BinanceAlpha