...this year?
YES 69 BILLION Dollars for a Frog coin!
To assess the potential growth of a cryptocurrency, we first need to identify its all-time low price.
Coinpedia reports that PEPE's all-time low was $0.00000005514 on ETH via Uniswap on April 18, 2023, marking the lowest price recorded on a decentralized exchange.
For PEPE to achieve a 3000X increase, it would need to rise to $0.00016542 by December 31st.
Given its current price of $0.000014238, this represents an 11.5X increase from its present value.
With a total supply of 420.69 trillion tokens, reaching the target price would result in a market cap of $69.58 billion.
While this may seem ambitious for a memecoin lacking utility, the idea of hitting such a whimsical market cap is tempting.
I estimate the likelihood of this happening at around 2.5%.
(This scenario also suggests a reasonable portfolio allocation for those primarily holding #BTC and #ETH and I highly suggest rebalancing above 5%)
YES 69 BILLION Dollars for a Frog coin!
To assess the potential growth of a cryptocurrency, we first need to identify its all-time low price.
Coinpedia reports that PEPE's all-time low was $0.00000005514 on ETH via Uniswap on April 18, 2023, marking the lowest price recorded on a decentralized exchange.
For PEPE to achieve a 3000X increase, it would need to rise to $0.00016542 by December 31st.
Given its current price of $0.000014238, this represents an 11.5X increase from its present value.
With a total supply of 420.69 trillion tokens, reaching the target price would result in a market cap of $69.58 billion.
While this may seem ambitious for a memecoin lacking utility, the idea of hitting such a whimsical market cap is tempting.
I estimate the likelihood of this happening at around 2.5%.
(This scenario also suggests a reasonable portfolio allocation for those primarily holding #BTC and #ETH and I highly suggest rebalancing above 5%)
註釋
#pepe#memes
I believe that was our minor wave 2
in the major wave 5
註釋
#pepe v #btccan this bull flag spark a bigger move?
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