Meme coin prices explained in a few sentences:
PEPE has a total supply of about 420.69 trillion tokens, while SHIB's initial total supply was 1 quadrillion. Their low unit prices are simply due to their enormous supplies.
A price increase from 0.00001 to 0.001 is a 100-fold gain. For coins with supplies in the hundreds of trillions, that also means the total market cap would have to increase 100-fold.
Don't assume there's more room to grow just because “one coin costs only a few cents.” Check the current market cap first.
$PEPE 0.0₅457 (+8.29%)
#PEPE
PEPE has a total supply of about 420.69 trillion tokens, while SHIB's initial total supply was 1 quadrillion. Their low unit prices are simply due to their enormous supplies.
A price increase from 0.00001 to 0.001 is a 100-fold gain. For coins with supplies in the hundreds of trillions, that also means the total market cap would have to increase 100-fold.
Don't assume there's more room to grow just because “one coin costs only a few cents.” Check the current market cap first.
$PEPE 0.0₅457 (+8.29%)
#PEPE
