If such a target is going to happen which is quite possible during a bull run, then a target market cap of $16.722 B is expected.
1. We need to not only consider the technicals, but we have to address the total market ecology & statistics.
For example, you can check the following website on the growth rate of "New Blockchain Wallets":
www.statista.com/sta...kchain-wallet-users/
2. Also, we need to address psychological behavior of the ecology in terms of traders &/or investors expectations.
3. Then, the fundamentals: usages & solutions provided by the crypto asset that we own. Why BNB has been ever growing?!
BitTorrent is an old brand. We uses to take advantage of its downloading services since more than 20 years ago. Right? So, it is know to most of us. Humans very much like to associate what they have with whatever is out there in the real world. We contrast & compare. BTT has already a nice face. Justin took it over since he knew that not only BitTorrent is a famous specialized downloading platform & everybody continues to use it even more in a digital world, but also the brand.
I do not want to elongate this writing, but what I have mentioned here in my viewpoint matters a lot when it comes to trading. Another brand Case Scenario is Doge due to Elon's support. Right?
Still, this is not a financial advice.
1. We need to not only consider the technicals, but we have to address the total market ecology & statistics.
For example, you can check the following website on the growth rate of "New Blockchain Wallets":
www.statista.com/sta...kchain-wallet-users/
2. Also, we need to address psychological behavior of the ecology in terms of traders &/or investors expectations.
3. Then, the fundamentals: usages & solutions provided by the crypto asset that we own. Why BNB has been ever growing?!
BitTorrent is an old brand. We uses to take advantage of its downloading services since more than 20 years ago. Right? So, it is know to most of us. Humans very much like to associate what they have with whatever is out there in the real world. We contrast & compare. BTT has already a nice face. Justin took it over since he knew that not only BitTorrent is a famous specialized downloading platform & everybody continues to use it even more in a digital world, but also the brand.
I do not want to elongate this writing, but what I have mentioned here in my viewpoint matters a lot when it comes to trading. Another brand Case Scenario is Doge due to Elon's support. Right?
Still, this is not a financial advice.
