Hi fellas can Pepe the star meme coin reach 1 cent or 1 dollar we gonna analyse it fully. Actually Pepe is inspired from viral internet meme âPepe the Frogâ
Letâs look in some points :-
1. Pepe was launched This year as a meme coin to re establish the meme coin supermacy.
2. Pepe has seen over 400x Growth since its launch.
3. Pepe Coin was launched stealthily, with no presale, zero taxes, LP burnt, and contract renounced.
4. Itâs a fully decentralised project with no specific project team.
5. Itâs max supply is Nearly 420 Trillion ,391.8 Trillion circulating supply.
Features :-
1. It can Be used as a method of payment in the pepe ecosystem.
2. It can be staked to earn APR. ( Annual percentage Rate )
3. Pepe Is also the inspiration behind the Pepe nftâs
Can It reach 1 cent ?
Pepeâs Total supply is 420 trillion and to reach The 1 cent price Itâs Market cap has to be 4.2 Trillion. and it it grows 25% every year it Would take 40 years to reach that point along with a buring of 90% of supply. Because the current supply is way too high. But since Itâs #Decentralized This amount of burning is hard.
What are your views on this ?
My final take is it would take 2-3 decades to reach that price level and that too if buring happens at a good rate.