🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
The Reality of the Value of $PEPE: Can it Reach $1?
Recently, the cryptocurrency community has been constantly posting that $PEPE, a meme coin, will reach the $1 mark. As a $PEPE enthusiast, I really feel the need to speak out the reality and provide a more objective view on this. Current Price and Market Cap of $PEPE Currently, the market capitalization of $PEPE is only about 10 billion dollars. For the price of $PEPE to reach 1 dollar, its market capitalization needs to increase to about 369.5 trillion dollars. This is a completely unrealistic and unfeasible number. For comparison: The company with the largest market capitalization in the world today is NVIDIA, with a market capitalization of only 3.39 trillion dollars. Bitcoin, the largest and most reputable cryptocurrency, has a market capitalization of only 2 trillion dollars. So, for $PEPE to reach $1, its market cap must surpass both the cryptocurrency market and all the world's leading companies. Can Inflation Help the US Dollar? Some people have hypothesized that if the US dollar experiences severe inflation, the value of $PEPE could rise to $1. However, this would require an 'unthinkable' and continuous inflation over decades, rendering the real value of the dollar practically meaningless. In that case, not only $PEPE but the entire global economy would also fall into a crisis. Being a $PEPE Fan but Needing Reality I love $PEPE and am delighted to see the community supporting it. But constantly posting baseless predictions like $PEPE reaching $1 not only diminishes the credibility of this coin but also leads to misunderstandings within the community. We need to acknowledge the fact that $PEPE is a meme coin, and its value primarily comes from community adoption rather than practical applications or long-term economic potential. Conclusion Instead of dreaming of unrealistic numbers, focus on supporting $PEPE in a sustainable way. Investing in cryptocurrencies always comes with risks, and being vigilant is necessary to avoid unrealistic expectations. Be sober and see $PEPE for what it is: a fun and vibrant community coin, but not a market-dominating economic project. DYOR! #Write2Win #Write&Earn