$PEPE $PEPE $PEPE

PEPE

0.00001085

+4.22%

Gracy Chen, CEO of Bitget, explained that Pepe Coin has a total supply of 42 billion tokens. If the price reached $1, the total market cap would be $420 trillion, which is higher than the current value of the entire cryptocurrency market. For this reason, Pepe is unlikely to increase 125,000x to reach $1.

She also mentioned that each bull market cycle usually sees one meme coin become the leader and reach a market cap of over $10 billion. Currently, Pepe’s market cap is around $3.4 billion. If the Pepe community continues to grow and gain support, it could reach $10 billion, becoming the leading meme currency this cycle.