I was looking at the numbers and probably came to the realization many others have, without a significant drop in the supply, we can’t get where we all want to go.
Now, I know there have been wildly low numbers floating around for projections on the circulating supply in the future.
I just want to give some realistic expectations. Hopefully this will help with some to understand and maybe even help me learn more based on the comments that come from this.
1. This token (soon to be coin/we hope) can rocket with exchange, blockchain,wallet, ease of access and The Gambia (maybe more).
2. A good price (my personal hope .0005) will require a supply realistically at a minimum of 100T or below. Lower is better. 50T or less is stellar. 10T is moon.
100,000,000,000,000 (supply) * .0005 (price I want) = 50B market cap
With this market cap, we need to be in the top 5 of all crypto’s (according to coin market cap). It’s achievable but.. might take everything to go perfect, and a long time
50,000,000,000,000 (supply) * .0005 (price I want) = 25B market cap
This market cap would require us to be in the top 8. I feel is much more achievable.
1,000,000,000,000 (supply) * .0005 (price I want) = 500M market cap
We would need to be TOP 100. Totally doable.
As you can see, without a dramatically lower supply, the prices we all want cannot occur. At least not in the next 4-6 years.
BNB is sitting at a 46B cap. I think we can surpass them if what we think is coming actually comes and crushes it the way we hope. If BNB can do it we can certainly do it!!
Where do we come in? Volume.
While we trust our team to provide the products, we can assist in the volume. Either by word of mouth, social sharing, or just buying.
With the deflationary manor of the token based on burn per transaction, volume and time together we absolutely get us where we want to go.
TAKE AWAY: We can go past the moon. It’s just going to take time.
Let’s all continue to educate and learn. If we are smart, we will get to where we want to go!
Edited for visual purposes