$BTTC

Some friends are mistakenly under the impression that the price of BTTC will definitely reach around $1 per coin, or at least $0.5, by 2025 or 2030. I strongly advise them to reconsider this notion, as such a "miracle" is highly unrealistic due to the following facts:

1. Market Cap Calculation:

For BTTC to reach $1 per coin, its market cap would need to be $968.25 trillion. In comparison, Bitcoin's (BTC) current market cap is $1.2 trillion, and the total market cap of all cryptocurrencies combined is only $3.32 trillion. Currently, BTTC's market cap is a mere $1.07 billion.

2. Global Wealth Context:

The total estimated wealth of the entire world, according to the 2023 UBS Global Wealth Report, is around $454.4 trillion. This is significantly less than the hypothetical market cap required for BTTC to reach $1.

3. Token Burning:

Even if BTTC management were to burn 99.9% of the total circulating supply (i.e., reduce the circulating supply from 968.25 trillion tokens to 1 trillion tokens), the market cap for the remaining tokens would still need to reach $1 trillion to achieve a $1 price point. This is highly improbable, considering that even Bitcoin, the leading cryptocurrency, has a market cap of just $1.2 trillion.

The idea that BTTC will burn such a massive proportion of its tokens and achieve this valuation is not only unrealistic but also pure fiction. It’s essential to base investment expectations on factual data rather than misplaced hopes or fantasies.