Can BitTorrent (BTTC) reach $0.0001?
$BTTC reaching $0.0001 is theoretically possible, but in reality it is very difficult. Here are the reasons:
1️⃣ Required Market Cap
The total supply of $BTTC exceeds 990 trillion coins.
If the price reaches $0.0001, the market cap will be around $99 trillion!
This makes it larger than the market cap of Bitcoin and Ethereum combined, which is completely illogical.
2️⃣ Factors that could drive the price higher
✅ Increased adoption and actual use of the BitTorrent project, especially in the areas of decentralized file storage.
✅ Burning a large portion of the supply, which could reduce the number of coins in circulation and theoretically raise the price.
✅ A strong bull run in the cryptocurrency market, which could increase demand for low-priced coins.
3️⃣ Historical Performance
The highest price reached by $BTTC after the rebrand and refresh was around $0.0000030.
To reach $0.0001, the coin would need to rise around 29x from its high price, which is very difficult without massive market changes.
Conclusion
🚫 It is unrealistic for #BTTC to reach $0.0001 due to the huge supply and required market cap.
✅ It may see future spikes if adoption increases or large amounts are burned, but reaching this specific price is unlikely without radical changes.