Your explanation is mostly accurate and does a great job of simplifying a complex tokenomics scenario. Here's a refined summary, with some clarifications and slight enhancements for precision:
š„ What Happens If 80% of BTTC Supply Is Burned?
Original Total Supply: 990 trillion BTTC
Burned Amount (80%): 792 trillion BTTC
Remaining Supply (20%): 198 trillion BTTC
š Hypothetical Market Scenario
Letās say the market capitalization of BTTC reaches $600 billion. To calculate the price per coin:
\text{Price per Coin} = \frac{\text{Market Cap}}{\text{Circulating Supply}} = \frac{600,000,000,000}{198,000,000,000,000} = 0.00303\text{ USDT}
ā Result: Each BTTC coin would be worth approximately $0.00303, or 0.3 cents.
š„ What Does āBurningā Tokens Mean?
Burning tokens means permanently removing them from circulation, typically by sending them to an unspendable "burn address" (a wallet with no private key). This makes the tokens unusable forever, reducing supply and often creating scarcity.
š§ Is Burning 80% of the Supply Possible?
Yes, but only under certain conditions:
ā If Founders Hold Most of the Supply:
Many meme or low-cap tokens are pre-mined, with founders holding most of the supply.
They can burn large portions to:
Build trust with the community.
Increase token scarcity and potentially its value.
ā If It's Part of the Tokenomics Plan:
Some projects announce token burns as part of their roadmap.
Example: Burn 50% at launch, 30% after key milestones, etc.
ā If Community Votes for It (Rare):
Some decentralized communities vote to burn tokens from:
The treasury.
Through transactional burn mechanics (e.g., a % of every trade gets burned like in Shiba Inu or SafeMoon).
ā ļø Final Thoughts
Burning 80% of BTTC is technically possible, but whether it happens depends on the ownership distribution, project goals, and community governance.
If it did happen, and the market cap truly hit $600 billion, it would put BTTCās individual price at about 0.003 USDT, making it a very valuable turnaround for holders ā but that's a hig
