We would need over $1 Trillion market, close to bitcoin's market cap to reach that price, it's not happening bud.
Its possible by ending 2022, by then most of the supply would have been burn
what makes you say that though? Like you've done the math? If no then you can't say that lol and if you have then please do explain.
Dude, they burn coins on a monthly basis. Take a look at the economic side. 3 quadrillion per month are burned (low end average). There’s 180 quad in circulation. Do the math.
There's 257 circulating supply not 178.
Then extend the mathematics to 257. 🤷🏽♂️
To be fair you take 80q out because of the wallet left in reserve for big exchanges our exchange arcade etc
But the price/market cap is being calculated based on the total circulating supply which is 257 and not 80 Quadrillion since that 80 Quadrillion hasn't been used up.
Somewhere between 5 and 8 years because they still could burn the 80Q reserved for projects if it isn't used
Nahh it won’t reach a trillion market cap!
I mean maybe not in 2022 but if the crypto market grows alot u never know, might be some coins 1t+ mc.
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