Pepe Coin, a meme-based cryptocurrency that has taken the crypto world by storm in recent months, showed recent short-term bullish momentum after breaking out of a falling wedge pattern. Even with all that, the road to a 100x ROI before the next Bitcoin halving in 2028 would still be quite the gamble. Hitting a jump from the current TRX price of about $0.16 to $0.18 will be no small feat. This massive market capitalization further compounds these already major challenges.
Pepe Coin, like Dogecoin before it, provided massive returns for its earliest investors, thanks to meme power and viral marketing. The coin is more or less useless outside of its meme-ness. It relies on speculative hype to make the impossible gains that it promises.
Pepe Coin would require a sustained and totally unprecedented worldwide frenzy of new meme coin mania. Only then it can hope to get a 100x return from its current levels. This would require the coin far exceeding its past highs with no new fundamental catalysts.
Notably, Pepe Coin saw similar explosive and volatile gains back in May. It’s hard to imagine that we’ll witness a steady ascent of that size during the months leading up to the halving. Another 100x from its current price would prove to be a huge challenge for Pepe Coin. Brief, intense pumps aren’t uncommon in the meme space, even for Pepe Coin.
Pepe Coin is an extremely unlikely candidate to provide a 100x return on investment. The coin doesn’t stand a chance without speculative hype to carry it to massive gains.
