๐ $PEPE Coin Update: Potential and Market Insights ๐
Current Price: $0.00001044 (-0.94%)
Gracy Chen, CEO of Bitget, highlighted some key points about Pepe Coin's potential:
Total Supply: 42 billion tokens. For Pepe to reach $1, its market cap would skyrocket to $420 trillionโgreater than the entire crypto market today. Thus, a rise of 125,000 times to hit $1 seems highly unlikely.
Meme Coin Dynamics: Historically, each bull market cycle features one meme coin leading the charge, often surpassing a market cap of $10 billion. Currently, Pepe's market cap stands at about $3.4 billion.
If the Pepe community continues to expand and garner support, it could be on track to become the top meme coin this cycle!
Stay tuned for updates and insights!