Pepe (PEPE) has had an incredible run over the last few weeks. The Solana-based meme coin’s price skyrocketed after Bitcoin (BTC) hit a new all-time high earlier this month. The frog-themed memecoin briefly climbed into the top 20 projects by market cap but has since slipped to the 22nd spot.
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PEPE has faced a 3.6% correction in the daily charts. Despite the dip, the asset is up by 55.6% in the weekly charts, 149% in the 14-day charts, and 96.6% over the previous month. The asset’s price has also risen by 1695.3% since November 2023 and 36,472.5% since April 2023.
Apart from the frog-themed crypto, other Solana-based memecoins, such as dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), Peanut The Squirrel (PNUT), etc., have also displayed incredible performance over the last few days.
How To Become A Millionaire When PEPE Hits $0.0005?
The frog-themed crypto has experienced stellar growth since its launch in April 2023. Early investors made millions of dollars in profit with minimal investments. There may still be time for many people to become millionaires. Let’s find out more.
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To have a million dollars worth of tokens at $0.0005 per token, you will need about 2,000,000,000 (2 billion). The price of 2 billion PEPE right now is about $40,560. If the trade is successful, your portfolio will grow by about 2365.%.
The question now becomes, when will PEPE hit $0.0005?
When Will The Memecoin Hit $0.0005?
Reaching $0.0005 might take shorter than many may anticipate. According to the analysts at Changelly, the memecoin could hit the $0.0005 level sometime in February 2026, a little over one year from now.
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There is also a possibility that the memecoin will face a correction over the next few weeks. PEPE, being a memecoin, does not have any real-world utility. Its value is solely due to online memes and word of mouth. This could mean investors may cash out to book profits, leading to a significant price dip.