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el3akrb
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It's impossible for the Pepe coin to reach $1. What is the reason!? And when will it reach $1!?
The main reason:
The PEPE coin currently has a very large supply of available coins (total supply in quadrillions, that is thousands of trillions). If it were to reach a price of $1, that would mean the market cap would be larger than the entire global economy, which is illogical or impossible.
Approximate numeric example:
If the supply is 420 trillion coins (which is common), then reaching $1 means a market cap of $420 trillion.
For comparison:
The total market cap of Bitcoin now does not exceed $1.3 trillion.
The entire U.S. economy is about $28 trillion.
However:
It could reach numbers close to $0.0001 or even $0.001 in case of a massive trend or a significant influx of funds from investors or exchanges.
The main reason:
The PEPE coin currently has a very large supply of available coins (total supply in quadrillions, that is thousands of trillions). If it were to reach a price of $1, that would mean the market cap would be larger than the entire global economy, which is illogical or impossible.
Approximate numeric example:
If the supply is 420 trillion coins (which is common), then reaching $1 means a market cap of $420 trillion.
For comparison:
The total market cap of Bitcoin now does not exceed $1.3 trillion.
The entire U.S. economy is about $28 trillion.
However:
It could reach numbers close to $0.0001 or even $0.001 in case of a massive trend or a significant influx of funds from investors or exchanges.
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