I have created a simple simulation of the burn with 1.2% assuming a fixed market cap… It is insane how this will impact the price. If you invest $1000 today, it will reach $50,000 in just one year. Our price target with the burning is $ 0.269594 at least assuming we only maintain the current market cap. I predict to go to $1 at least
Considering the following parameters in our simulation
Daily Burn Rate
1.2%
Current Circulating Supply
6.90E+12
Current Price
$ 0.00039
Current MC
$ 2,691,000,000
Daily Trading Volume
$ 2,394,780,707
The circulating supply will drop from 6.9T steadily and reach 10B within 2 years:
Hello thanks for the good post! But I’ve got an question, is this calculated with the 1,2 burn tax on al exanges as the idea was or with plans how it is today in reality?