Fact #2: Global Wealth
The 2023 UBS Global Wealth Report estimates the total global wealth at $454.4 trillion. This includes the sum of wealth held by individuals, businesses, and governments worldwide.
Achieving a market cap of $968.25 trillion is not only unrealistic — it is mathematically impossible under the constraints of the global economy.
Fact #3: Burning tokens won't save the situation
Some believe that burning tokens can drive the price to $1, but let's analyze this:
Total circulating supply: 968.25 trillion tokens.
Burning scenario: If 99.9% of the tokens are burned, the supply reduces to 1 trillion tokens, but the market cap still needs to reach $1 trillion for each token to hit $1.
Even the undisputed king of crypto, Bitcoin, after years of dominance and adoption, has only achieved a market cap of $1.2 trillion. In comparison, this is clearly unrealistic.
Conclusion
While there is potential for growth, the expectation of each coin reaching $1 is not based on reality. Instead, let's focus on achievable goals:
✔️ Reasonable price increases driven by adoption and use case development.
Recently, I intended to ambush a potential coin ready for a big surge; doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, anticipating a space of over 10 times is not a problem, if you want to keep up, follow my Bamboo Leaf public account to join the group