"You can also get a lot if you invest in this frog memecoin, but it seems impossible for the price to reach $1."
Pepe Coin (PEPE) has become the talk of the town within weeks of its launch on April 17, 2023, and many have managed to cash in immediately on this meme crypto.
Just to calculate, how much can an investor profit when the PEPE price reaches $1 if they invest $100?
During its launch, PEPE was traded at $0.00000005685 and this means that an individual can earn over 100 billion tokens if they invest $100, and thus, their investment will be worth $1.76 billion when the price reaches $1.
However, the investment will be $7,658 which is a return of 7,558,75% when PEPE is at $0.000004354 and worth $1,659 if the memecoin price is trading at $0.0000009434.
If we take the current price of $0.0000009434 on October 25, 2023, an investor who invests $100 in PEPE will get more than 105 million tokens and his investment will become $105 million when the price reaches $1.
There is no denying that the situation for PEPE to reach $1 is quite impossible, but the crypto market has seen some unbelievable events plus memecoin itself managed to break the record to become the fastest crypto to reach $1 billion in market capitalization.
However, there is no guarantee that PEPE will reach $1 following it is just an analysis that shows the potential of crypto to turn small investments into big profits, so investors should also do their own research and study.
As of this writing, PEPE price has climbed 27.36 to $0.000001228 in the last 24 hours with a market capitalization of $458 million and a 96.17% jump over the last week.