#BecomeCreator Hi everyone, it's my first post and I am excited to tell you guys about my experience in trading, I have been trading for a few months and found that we cannot trade with emotions I am reading in #PEPE and like a pair #FDUSD🔥 By using this pair you can save trading fee using spot trading and limit sorry I have you lots of tips together 😜
If you think that $PEPE will easily reach $1, you're deeply mistaken and living in a fantasy. Let's talk numbers to clarify this. The market value of a cryptocurrency is calculated using the formula: \[\text{Market Value} = \text{Current Price} \times \text{Total Supply} \] So, the current price is: \[\text{Current Price} = \franc{\text{Market Value}}{\text{Total Supply}} \] Using the current values: - Current market value of PEPE: $3.56 billion - Total supply of PEPE: 420.96 trillion tokens Applying the formula, we can find the current price of PEPE. For PEPE to reach $1 per token, the market value must equal the total supply, which is impossible. To achieve this, one of two things must happen: 1. **Increase the market value to match the total supply**: This would require PEPE's market value to reach $420.96 trillion, which is unrealistic. Even Bitcoin, the most valuable cryptocurrency, has a market value of only $1.35 trillion. 2. **Decrease the total supply to match the current market value**: To achieve this, the total supply would need to shrink to $3.56 billion. This means eliminating 99.9% of the current supply, which is equally implausible. To put it in perspective, 3.56 billion tokens represent only 0.000845% of the current total supply. In short, if you believe PEPE will reach $1 easily, you need to recons id Er your calculations$BTC #Web3