Will $PEPE go to $1?
First, let's examine its fundamental aspects.
- Date:04-03-2024
- Rank: 40
- Market Cap: $3.13B
- Fully Diluted Market Cap: $3.13B
- Market Dominance: 0.1286%
- Circulating Supply: 420.69T PEPE
- Max Supply: 420.69T PEPE
- Total Supply: 420.69T PEPE
- All Time High: $0.000007582842628 (2024-03-04)
- All Time Low: $0.000000027637826 (2023-04-17)
Here we see Pepe's max Supply: 420.69T and Market Cap: $3.13B.
So, per Pepe price: ($3.13B รท 420.69T) = $0.00000744015783593.
If #pepe were to reach $1, its market cap would need to be $420.69 trillion, which is never possible because we know the total market cap of the crypto market is $2.46 trillion.
On the other hand, if the supply of Pepe is reduced from 420.69 trillion Pepe to 3.13 billion Pepe, equal to the current market cap, then Pepe would reach $1, but we know this is never possible ๐
So keep dreaming ๐ช
