$ALCX more potential than any other crypto project just read because it can out perform #bitcoin just with 27 billion
1. Current Price of ALCX: 22 dollars
2. Target Price of ALCX: 11,000 dollars
3. Total Coin Production: 2.5 million coins
First, we need to calculate the total market capitalization at the target price:
Total market cap at target price = Target price * Total coin production
Total market cap at target price = 11,000 * 2,500,000 = 27,500,000,000 dollars
Next, we calculate the current market capitalization:
Current market cap = Current price * Total coin production
Current market cap = 22 * 2,500,000 = 55,000,000 dollars
Now, we can find out how much more money is needed to reach the target market cap:
Amount needed = Total market cap at target price - Current market cap
Amount needed = 27,500,000,000 - 55,000,000 = 27,445,000,000 dollars
Therefore, ALCX would need 27,445,000,000 dollars to reach a price of 11,000 dollars.