There are many meme tokens like $PEPE $FLOKI $SHIB which are below milli cents, now question is that when they hit 1$ because many new investors thinks these are cheaper tokens so if we buy we easily gain 2x
Circulation Supply :
Circulation supply is fixed and it means that number tokens currently available whole price depend upon these if supply is too much price is less and if price is low so price would be high
Market cap :
Means amount invested in this coins if market cap is huge price would be high and if market cap is low price would be less
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Above are 2 factor for price estimating
PEPE supply is more than 415Trillions so it need 415 Trillion $ as market cap to make price at 1$ while it's current market cap So 1$ is almost impossible
SHIBA INU Supply is also above 580T so need 580$ market cap m which is highly impossible 
FLOKI supply is 9.5trillion and need 9.5 Trillion $ needed to make it 1$ while BTC matket cap is less than 2Trillion$ So above 9.5Trillion looking almost impossible . 
HOPE this helpful info for you
