Can Pepe really hit 1c? It's an exciting prospect, but is it realistic? We've seen so many cryptocurrencies rise and fall in the past. What makes Pepe different? Is it just another pump and dump scheme, or is there something truly valuable behind it? I'm not saying it's impossible, but it sure seems like a long shot. What do the experts think? Are there any fundamental reasons why Pepe could reach that level? Or is it just speculation and hype? I'm really curious to hear your thoughts on this.
            
            
 
            
            
            
            
          
            5 answers
            
            
  
     emma_rose_activist
    Thu Apr 04 2024
    emma_rose_activist
    Thu Apr 04 2024
   
  
    The question of whether Pepe's cryptocurrency can reach a price of 1 cent is a complex one. Pepe's current total supply stands at a staggering 420 trillion tokens.
  
  
 
            
            
  
     Riccardo
    Wed Apr 03 2024
    Riccardo
    Wed Apr 03 2024
   
  
    To reach the milestone of 1 cent, Pepe's market capitalization would need to hit an impressive 4.2 trillion dollars. This figure represents a significant hurdle given the current supply levels.
  
  
 
            
            
  
     MysticGalaxy
    Wed Apr 03 2024
    MysticGalaxy
    Wed Apr 03 2024
   
  
    One factor that could potentially affect Pepe's price movement is its annual growth rate. If the supply grows by 25% each year, it would take approximately 40 years for the market capitalization to reach the required level.
  
  
 
            
            
  
     SamuraiWarriorSoul
    Wed Apr 03 2024
    SamuraiWarriorSoul
    Wed Apr 03 2024
   
  
    However, it's worth noting that a significant portion of the supply, approximately 90%, is burned or removed from the circulating supply. This burning mechanism could potentially help to reduce the supply over time, thereby increasing the value of each token.
  
  
 
            
            
  
     CryptoBaron
    Wed Apr 03 2024
    CryptoBaron
    Wed Apr 03 2024
   
  
    In the realm of cryptocurrency exchanges, BTCC stands out as a reliable platform based in the UK. BTCC offers a range of services, including trading, wallet storage, and market analysis, catering to the needs of crypto enthusiasts and investors alike.