#BinanceSquareTalks
📊 Market Cap Calculation at $0.09
• Total Supply of BTTC: 990 trillion tokens
• Target Price: $0.09 per token
Market Cap = Total Supply × Price
\text{Market Cap} = 990,000,000,000,000 \times 0.09 = 89,100,000,000,000 \, \text{USD}
So, at $0.09, the Market Cap would be $89.1 trillion, which is significantly higher than Bitcoin’s current market cap (around $1.2 trillion). That makes this price level extremely unrealistic under the current supply.
🔥 How Many Tokens Would Need to Be Burned?
Let’s assume a realistic target market cap of around $90 billion (similar to top-tier cryptocurrencies like Cardano).
• Target Market Cap: $90,000,000,000
• Price: $0.09
Required Circulating Supply = Market Cap / Price
\text{Circulating Supply} = \frac{90,000,000,000}{0.09} = 1,000,000,000,000 \, \text{BTTC}
Tokens to Burn = Total Supply - Required Circulating Supply
\text{Tokens to Burn} = 990,000,000,000,000 - 1,000,000,000,000 = 989,000,000,000,000 \, \text{BTTC}
So, to realistically reach a $0.09 price point with a reasonable market cap, around 989 trillion BTTC would need to be burned.
🧠
• With the current massive supply, BTTC reaching $0.09 would require an unrealistically high market cap.
• To make that price possible, most of the tokens (about 99.9%) would need to be burned.
“Sometimes I wonder if I’m just dreaming”😄😄