Nothing is impossible in the world of digital currencies
Just a reminder, here is something
Before 2008, for anyone who knew something called Bitcoin
Here is a search, how much was the price of BTC then and how much is it today
See original
$BTTC
$BTC
Some friends believe that the price of $BTTC will definitely reach around $1 per coin, or at least $0.50 by 2025 or 2030. I’d suggest they rethink this idea, as it's highly unlikely based on the following facts:
First, look at the coin's details. For BTTC to reach $1, its market cap would need to be $968.25 trillion. Currently, Bitcoin's market cap is $1.2 trillion, and the total market cap of all 2.4 million coins is just $3.32 trillion. In comparison, $BTTC’s market cap is only $1.07 billion.
Now, consider the world’s total wealth. According to the 2023 UBS Global Wealth Report, the total global wealth is estimated to be around $454.4 trillion. This is far less than the market cap needed for BTTC to reach $1 per coin.
Regarding token burning: If BTTC burned 967.25 trillion tokens out of the total 968.25 trillion tokens, the market cap for the remaining 1 trillion tokens would need to be $1 trillion. This is unrealistic, as only Bitcoin has achieved that market cap. The idea that BTTC will burn 99.90% of its tokens is not only impossible, but also a fictional idea.
#write2earn🌐💹
$BTC
Some friends believe that the price of $BTTC will definitely reach around $1 per coin, or at least $0.50 by 2025 or 2030. I’d suggest they rethink this idea, as it's highly unlikely based on the following facts:
First, look at the coin's details. For BTTC to reach $1, its market cap would need to be $968.25 trillion. Currently, Bitcoin's market cap is $1.2 trillion, and the total market cap of all 2.4 million coins is just $3.32 trillion. In comparison, $BTTC’s market cap is only $1.07 billion.
Now, consider the world’s total wealth. According to the 2023 UBS Global Wealth Report, the total global wealth is estimated to be around $454.4 trillion. This is far less than the market cap needed for BTTC to reach $1 per coin.
Regarding token burning: If BTTC burned 967.25 trillion tokens out of the total 968.25 trillion tokens, the market cap for the remaining 1 trillion tokens would need to be $1 trillion. This is unrealistic, as only Bitcoin has achieved that market cap. The idea that BTTC will burn 99.90% of its tokens is not only impossible, but also a fictional idea.
#write2earn🌐💹
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
98,815.02
+0.49%
Replies 0
