The $BTTC Reality Check: Is $1 Per Coin Just a Dream? Let's Break It Down! đš
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Some friends in the crypto community are dreaming of $BTTC reaching $1âor even $0.50âby 2025 or 2030. While optimism is great, it's time for a reality check based on cold, hard facts. Hereâs why such a prediction might be more of a fiction story than an achievable goal.đ
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Fact #1: The Market Cap Calculation
To hit $1 per $BTTC, the market cap (MC) would need to reach a mind-boggling $968.25 trillion. Letâs put this in perspective:
đ Current Global Crypto Market Cap: $3.32 trillion.
đ Bitcoinâs Market Cap: $1.2 trillion.
đ° BTTCâs Current Market Cap: $1.07 billion.
To even think about $1 per $BTTC, the market cap would need to exceed the total wealth of the world (yes, you read that right) by over twice the amount.
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Fact #2: The World's Total Wealth
The 2023 UBS Global Wealth Report estimates the total wealth of the world at $454.4 trillion. This includes the combined wealth of individuals, businesses, and governments globally.
đ« Achieving a market cap of $968.25 trillion is not just unrealisticâitâs mathematically impossible within the constraints of the global economy.
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Fact #3: Burning Tokens Wonât Save the Day
Some argue that burning tokens could make hit $1, but letâs break that down:
đ„ Total Circulating Supply: 968.25 trillion tokens.
đ„ Burn Scenario: If 99.9% of tokens were burned, reducing supply to 1 trillion tokens, the market cap for would still need to hit $1 trillion for each token to reach $1.
Even Bitcoin, the undisputed king of crypto, has achieved a market cap of only $1.2 trillion after years of dominance and adoption. Comparing this to is far from realistic.
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The Takeaway
While has potential for growth, expectations of $1 per coin are not based in reality. Instead, letâs focus on whatâs achievable:
âïž Reasonable price increases driven by adoption and use case development.
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