The world of cryptocurrency is full of infinite imagination, but when we talk about whether $BTTC can reach $1 (or even $0.5) by 2025 or 2030, Jin Xin suggests we should first return to reality and let the data speak.
1️⃣ Market Cap Consideration: The Gap Between Reality and Dreams
$BTTC would need to astonishingly leap to a market cap of $968.25 trillion to reach the throne of $1! 😮
In comparison:
The market capitalization of Bitcoin ($BTC) is approximately $1.2 trillion. The total market capitalization of the entire cryptocurrency market is only $3.32 trillion. Currently, the market cap of $BTTC is only $1.07 billion.
🚩 This means that for $BTTC to reach $1, its market cap would need to be nearly 300 times the current total market cap of cryptocurrencies — this is almost an impossible task.
2️⃣ Global Wealth Perspective: The Collision of Dreams and Reality
According to the 2023 UBS Global Wealth Report, the total global wealth is approximately $454.4 trillion.
If $BTTC truly reaches $1, its market cap would be equivalent to twice the global wealth! 🌏
Such numbers inevitably lead to deep skepticism about the realization of dreams.
3️⃣ Extreme Hypothesis: Burning a Large Portion of Supply
Some may ask, would the situation be different if 99.9% of the supply were burned?
Indeed, the circulating supply would thus sharply decrease from 968.25 trillion tokens to 1 trillion. However, even so, to reach $1, its market cap would still need to reach $1 trillion.
🚨 This remains a huge challenge — after all, the market cap of Bitcoin is only $1.2 trillion.
💡 Key Insights
Although memecoins and low-market-cap tokens can occasionally bring surprises, expecting them to reach highs of $1 or $0.5 is often just an unrealistic fantasy. The success of cryptocurrency is built on in-depth research, reasonable expectations, and wise strategies, rather than fanciful illusions.
✨ Smarter Trading Advice
Focus on Fundamentals: Pay close attention to projects with strong fundamentals and realistic growth potential. Assess Token Economics: Before investing, it is essential to conduct a comprehensive evaluation of the token's issuance, circulation, use cases, etc. Avoid Blindly Following Trends: Don’t be misled by market hype; make investment decisions based on data and deep insights.
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