Pepe Coin ($PEPE) has surged nearly 58% over the past month, reigniting the conversation around its long-term price potential. With a current market cap of approximately $5.88 billion and short-term momentum on its side, investors are asking the million-dollar question: can $PEPE ever reach $0.01?
What’s Driving the 1 Cent Speculation?
$PEPE is currently leading the memecoin market, posting a 5% daily gain while its top competitors struggle amid profit-taking and liquidations. This rally has been fueled in part by social media buzz and cultural relevance.
A recent post from former President Donald Trump on Truth Social indirectly amplified the hype. Although focused on Trump himself, the image in question included a subtle reference to the iconic $PEPE frog mascot in the background—an easter egg that meme traders were quick to latch onto.
Market Metrics Suggest Strong Bullish Sentiment
According to CoinGlass data:
- Open Interest surged 9.81% in 24 hours.
- Trading Volume jumped 31.8%, exceeding $2.7 million.
- Funding Rates remain positive for nine straight days—indicating buyers are still dominant.
Online interest also supports the hype. Although down from its peak score of 100 on May 14, $PEPE currently holds a Google Search Interest score of 21, outperforming Dogecoin, which stands at 13.
Can $PEPE Actually Reach $0.01?
Despite growing popularity, a 1-cent price target faces substantial challenges due to Pepe’s enormous supply. Currently, $PEPE trades near $0.000014, with a circulating supply of 420.69 trillion tokens.
To hit $0.01, $PEPE would need to:
- Climb 715,000% in price.
- Reach a $4.21 trillion market cap, rivaling the GDP of the world’s largest economies and surpassing tech giants like Apple and NVIDIA.
Even Bitcoin, the world’s most valuable crypto, has never come close to such a valuation—making this scenario highly unlikely in the foreseeable future.
Short-Term Price Prediction and Key Levels
At press time, $PEPE is trading around $0.00001375.
- Support Zone: $0.00001120–$0.00001200
- Resistance Levels: $0.00001550–$0.00001750
- Major Resistance: $0.00002200 (previous high)
The RSI sits at 58.86, suggesting neutral conditions with room for further upward movement.
If $PEPE can break above $0.00001550, it could attempt to retest the $0.00002200 range. However, if it falls below $0.00001200, the current bullish setup may be invalidated.
Conclusion: Strong Hype, But Grounded Expectations
While $PEPE has cemented itself as a leader in the meme coin space and continues to show impressive strength, the likelihood of hitting 1 cent remains extremely low due to supply and market cap constraints. Still, in the short term, technical indicators suggest potential for further gains—especially if investor sentiment remains elevated.
