Can Pepe really hit 1c? It's an exciting prospect, but is it realistic? We've seen so many cryptocurrencies rise and fall in the past. What makes Pepe different? Is it just another pump and dump scheme, or is there something truly valuable behind it? I'm not saying it's impossible, but it sure seems like a long shot. What do the experts think? Are there any fundamental reasons why Pepe could reach that level? Or is it just speculation and hype? I'm really curious to hear your thoughts on this.
5 answers
emma_rose_activist
Thu Apr 04 2024
The question of whether Pepe's cryptocurrency can reach a price of 1 cent is a complex one. Pepe's current total supply stands at a staggering 420 trillion tokens.
Riccardo
Wed Apr 03 2024
To reach the milestone of 1 cent, Pepe's market capitalization would need to hit an impressive 4.2 trillion dollars. This figure represents a significant hurdle given the current supply levels.
MysticGalaxy
Wed Apr 03 2024
One factor that could potentially affect Pepe's price movement is its annual growth rate. If the supply grows by 25% each year, it would take approximately 40 years for the market capitalization to reach the required level.
SamuraiWarriorSoul
Wed Apr 03 2024
However, it's worth noting that a significant portion of the supply, approximately 90%, is burned or removed from the circulating supply. This burning mechanism could potentially help to reduce the supply over time, thereby increasing the value of each token.
CryptoBaron
Wed Apr 03 2024
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