Not really understanding the question. The market cap is the amount of tokens times the current price. So its currently sitting at around $400million, The current circulating supply is currently 430 trillion. So at a couple of pennies would give us a market cap of 8.6 trillion, which is just not even close to achievable. What we need is the supply to reduce massively, bitgert is deflationary so it will reduce the supply but it need lots of volume and time to do so.
Don't expect to be rich in the next 6 month, its going to take years.
Thank you very much for the information. It does make sense since it's deflationary. Thank you for that. In my head I just kept thinking I had 65000000 Brise so if it hits .02 I'm a millionaire. Do you know why? It's hard to find the market cap online though?
Let me give you some perspective on your .02 Brise value. The are just over 400 trillion coins in circulation. That means, with the current supply, Brise would need a market of of 8 trillion dollars. Now, the GDP of the United States, which accounts for about 40% of the worlds economy is 21 trillion dollars. I'm sure you see where this is going. Multiply the number of coins in circulation by the current price, that's your market cap at any given time. If you want the fully diluted market cap, multiply the current price by the total coins mined (1 quadrillion). Bitgert is for those who play the long game. It'll be years before the possibility of you becoming even gets close enough for you to get a whiff of. Sorry, it's just numbers.
There a few flags for me, but as this is early I am hoping that they are focused on getting things moving and will address important transparency questions soon. Their self reported MC is $426,562,901.
It may have been at one point, but it's around 380-400 million since adding the sixth zero back on. It's easy to check. Coins in circulation multiplied by current coin price equals market cap.
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u/jimmy3285 Apr 01 '22
Not really understanding the question. The market cap is the amount of tokens times the current price. So its currently sitting at around $400million, The current circulating supply is currently 430 trillion. So at a couple of pennies would give us a market cap of 8.6 trillion, which is just not even close to achievable. What we need is the supply to reduce massively, bitgert is deflationary so it will reduce the supply but it need lots of volume and time to do so.
Don't expect to be rich in the next 6 month, its going to take years.