#PEPE Pepe for US$ 1?


With a supply of 400 trillion Pepe coins, reaching $1 would imply a market capitalization of $400 trillion - which is far beyond the total value of all global financial markets combined. To put it into perspective, the highest market capitalization of Bitcoin was about $1.7 trillion, and the entire crypto market did not exceed $3 trillion at its peak.
For Pepe to realistically approach $1, several things would need to happen:
1. Significant token burning: Drastically reducing the total supply through token burning would be essential. Even slashing the supply by 99% would still leave 4 trillion coins, requiring a market capitalization of $4 trillion at $1 per coin.
2. Unprecedented Demand: It would require a massive and sustained wave of global interest, with continuous buying pressure from retail and institutional investors.
3. Use case development: In addition to memes, Pepe would need utility — perhaps in games, DeFi or mint a widely accepted payment method — to generate value.
The biggest obstacles include its massive supply, competition from other meme coins, and market saturation. Without drastic changes, reaching $1 seems almost impossible under current conditions.
PEPE-5,78%
UMA-5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GangZiluavip
· 2024-11-28 23:55
No hope for 0.001!
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)