There is a recent widespread discussion about PEPE surging towards $0.003, with heated debates in the community. From the current $0.000007 to the target price, the theoretical upside potential is as much as 600 times, which sounds indeed tempting. But is this the next Dogecoin miracle or just another round of a money-grabbing game? Having been trading meme coins for over three years, I will review this matter from the beginning.

**First, the conclusion then the details**: Reaching $0.0029 for PEPE isn't that far-fetched, but the conditions are quite strict — meme culture must stay hot, Bitcoin needs to enter an upward cycle, and the token’s continuous deflationary burning mechanism must truly take effect. Missing any one of these three would be problematic.

**What do four institutions think?**

PricePrediction.net, in its August update this year, forecasted a range for 2026: $0.000022 to $0.0036. This upper limit already includes the $0.0029 target. The key variable is market sentiment. If the entire crypto ecosystem remains hot in 2026, reaching this price within 12 months is logically feasible.

Cryptopolitan’s stance is noticeably more aggressive. In their latest report at the end of December, they set a high point for 2026 at $0.0058 — more than double the target price. Following their pace, it’s highly likely that PEPE will first break through the $0.0029 barrier in Q2 or Q3 of 2026. Their reasoning is solid: traditionally, the crypto market is most active in these two quarters, with the strongest capital mobilization.

CoinDataFlow is much more cautious. Their early December forecast is relatively conservative, suggesting that even at the highest point in 2026, PEPE might only reach around $0.00044, still far from the $0.0029 target. If this path continues, it may take a long time before reaching the desired price level.

**What are the key factors?** Simply put, three points: first, meme coin popularity must continue and not suddenly cool off; second, Bitcoin, the leader, must perform well and avoid entering a bear market; third, PEPE’s deflationary rules must truly be implemented effectively, not just talked about. These three conditions are like three legs of a stool — missing any one of them would make it unstable.