Stop saying Tron(TRX) will reach $4, $8, $20 !
Guys... It's simple... If you want to find out a price of a certain coin simply divide it's current Market Cap by it's current Circulating Supply.
Look at the numbers:
The big daddy Bitcoin:
Market Cap $139,363,304,156 / Cir. Supply 16,859,212 = $ 8.266
Nooow... let's take a look at Tron's number:
Market Cap: $2,874,129,636 / Cir. Supply 65,748,192,475 = $ 0,043
If you guys want Tron (TRX) to reach this $4 what should happen?
From : Current Market Cap $2,874,129,636 to: 260,874,129,636 !!!!! 260 Bil Bil Bil BIl !!!!! It will never happen guys!
260,874,129,636 / 64,748,192,475 = $4.
Bitcoin... Our big daddy has "only" a $139,363,304,156 Market Cap !!!!!!! I'm still being nice to keep the current Tron's Cir. Supply.
Tron must surpass Bitcoin by almost 2x Bitcoin's value. Do you really see this happening? Honestly?
Guys..wake up... I really want to the whole market to recup and give everybody lambos, ferraris and so and so... But we must read the numbers first and do some math.
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Current market caps are not directly representative of how much fiat is either backing a coin or driving the total market. A $640B market cap for TRX would not be much of a stretch if blockchain takes off like it should and the total market cap surpasses say, $5T. I know it's hard to believe, but just for reference, the CMC in 2013 was $1B. This time last year, it was $70B. Know what happened from late Nov. 2017 to the beginning of January 2018? It shot up to over $800B. A lot of you like to perceive this as an everlasting crash, but you really need to zoom out and take a look at the whole picture.
People said it was impossible for Bitcoin to reach $1 with a market cap of even a few million dollars, let alone $100, let alone $1,000, let alone $10,000. It's trumped ALL of those and peaked at $19,000+/$300B.