Just removing 2 zeros is a huge step forward.

$BTTC
Based on the data in the image, evaluate the potential of #BTTC reaching 1 dollar.
Key points:
1. Current price: 0.00000132 dollars
2. Circulating supply: 968.25 trillion (T) BTTC
3. Total supply: 990 trillion BTTC
4. Market capitalization calculation for 1 dollar:
To reach a price of 1 dollar, the market capitalization would need to be:
\text{Market capitalization} = \text{Price} \times \text{Circulating supply} = 1 \times 968.25T = 968.25 \text{ trillion dollars}
Comparison:
Current market capitalization: 1.28 billion dollars
Required market capitalization: 968.25 trillion dollars
Feasibility:
Unprecedented scale: A market capitalization of 968.25 trillion dollars would far exceed the entire global cryptocurrency market capitalization, which is currently around 1.1 trillion dollars (as of the end of 2023).
Actual growth: For comparison, the market capitalization of Bitcoin (the largest cryptocurrency) is around 500 billion dollars. For BTTC to reach 1 dollar, it would need to surpass the total value of all existing global assets.
Conclusion:
It is highly unlikely that BTTC will reach 1 dollar due to the enormous market capitalization required, far exceeding the scale of any existing financial market. A significant reduction in supply (such as mass token burning) would be necessary to make this feasible.
Disclaimer: Including third-party views. This is not financial advice. May include sponsored content. See Terms & Conditions.
$BTTC