Cryptocurrency analysts have calculated how much you need to buy little-known tokens to become a millionaire

Editor’s note: not financial advice!

A large-scale market crash often causes beginners to panic and hastily sell off their assets. However, experienced traders see such events as an opportunity to build a reliable medium- or long-term portfolio and purchase the coins they are interested in at a discount. Cryptocurrency analysts have decided to calculate how much money you need to invest in the PEPE memtoken now to become a millionaire during the next bull run.

To calculate the amount of PEPE you need to buy to become a millionaire when the price returns to its historical high, you can use the following formula: amount of PEPE = Target amount / Expected future price. Thus, to see $ 1 million in your account, you need to buy 232,019,487,536 PEPE. At the current price, the value of the coins will be about $ 182,396.

Despite the skeptical attitude of some market participants, PEPE has a fairly high chance of survival, as the volume of trading in the token on leading crypto exchanges remains quite stable. If the coin, based on the Pepe the Frog meme, keeps investors' attention, it will be able to join the small ranks of successful memecoins. However, crypto enthusiasts should keep in mind that PEPE is an extremely volatile asset, and the decision to add it to a portfolio is fraught with high risks.

Earlier, we talked about the optimal number of XRP tokens that an investor needs to buy to become a millionaire. Cryptocurrency experts claim that XRP will return and exceed its historical high of 2018 when the bull market resumes. «Looking ahead to the bull run, XRP investors should pursue smart investment strategies to capitalize on the expected move to $ 3.84 ATH,» the analysts said.