If you’re hoping for a moon event, here are some factors that could trigger it. If anyone has any more insight, it would be appreciated. Also correct me if I’m wrong.
-
A massive burn in the trillions to create scarcity. Maybe developers will do this one day if they don’t care about losing money. Burns will happen overtime with every transaction from what I heard, but its effects could take years to be noticeable. They might do burn events like they have done before.
-
Increased buyers and whales. This might slowly grow overtime or it might end up fading. Increasing the buyers will probably only happen through worldwide adoption, if Pepe became extremely popular and millions or billions of people buy Pepe. Pepe would need a lot of marketing to make Pepe that popular enough. Still the supply would need to be significantly reduced by a lot if Pepe wants the chance to moon to $1.
-
BTC and ETH hit a million dollars. When bitcoin goes up, altcoins follow and when ethereum goes up Pepe follows, from what I noticed. So if these coins go way up, then Pepe might go way up. Some people already predict that a million dollars might happen within a decade or so.
There is hope and potential. Markets can be unpredictable because people can be unpredictable. One day a bunch of rich and poor people throughout the world might just decide to buy Pepe because of its low price and potential to moon. Or a bunch of whales might dump and the meme trend might fade causing many to sell and crash the prices. You never know. Until then, just HODL.
