Technical analysis by BallaJi about Symbol PEPE on 5/14/2025

...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%)