This strategy relies on a mathematical fantasy that ignores the fundamental lack of utility and the impossible market cap required for such a price target. It offers speculative hope rather than a realistic economic framework for long-term recovery.
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Let's Guarantee that Terra Classic Reaches $1.00本站添加:
What's up, you guys? It's Matt here. So, in this one, again, I want to talk about Terra Luna Classic because I was going through the comment section of my last tweet, as well as the comment section of my last couple of videos, and people are looking at Terra Luna Classic as if it cannot reach some of these higher levels, price-wise. If it can't recover and cannot uh re-peg USTC. And I hate looking at all of the possible negatives because yes, any negatives could possibly happen. I don't ever say that nothing will happen, right? I I look at, you know, the positive, say that there's a chance, look at the negative, say that there's a chance. I try to make sure that those positives happen. However, if I can't influence that or um you know, make any type of decisions that lead to those positives happening, um then, you know, we we kind of just let it be what it be, right? What what it is is what is going to be. So, that's kind of how that stands. But, what I want to talk about here in this video is the kind of way to guarantee that Terra Luna Classic gets to that level of a dollar.
We all know that with hype and and runs and FOMO and all of that, we can see it at billions of dollars worth of a market cap. We can probably see it at a level of 1 penny to 3 cents, right?
But, >> [clears throat] >> potentially seeing it at 50 cents or a dollar or 2 dollars or 10 dollars or back to the all-time high depends on the actions that we all have, we all do, right? Um and that's kind of what I want to discuss in this video. So, if you guys could, make sure to hit the like button, hit the subscribe button, and hit the notification bell for more of these videos. Also, make sure you check out some of my links down below. It does help out the channel. At the top of the description, I have a link for BTCC.
BTCC is a great platform that I've been using for over uh a year and a half at this point.
If you use my link, you can get [clears throat] a 10% deposit bonus on your first-time deposit, extra bonuses up to $10,055, and you can enjoy up to 40% lower trading fees. You can also trade up to a 250x leverage on various cryptocurrencies and as little as a 2x leverage. If you don't want to trade any of your real money, you can leverage or you can decide to demo trade and, you know, check it out to see if it works for you.
But, it is a very, very good platform that gives you everything that you could want within an exchange. So, definitely check it out. Link is down below in the description. Now, [clears throat] again, the conversation for Terra Luna Classic to get to a level of $1 has been around for the longest time, right? Since we saw it drop down to a level of six zeros.
That's why we're like, getting to a dollar would be absolutely amazing because if you bought $1,000 worth at six zeros, you're now adding a zero to five zeros, you're at $10,000, $100,000, $1 million.
Like, you're seeing it get up to these prices and you're like, I have a boatload that I can make off of this if it finds a way to get back to those points. Now, the only way that we get to those points is with decreasing that supply, right?
Getting to a dollar at the current state, you would be looking at a 6.5 total supply, a 6.5 trillion-dollar market cap because you just multiply the one, $1, by the six, by the total supply, 6.45. So, you would have 6.45 trillion dollars, which is absolutely ridiculous for something that doesn't have as much, let's say, push as like an XRP or like a Bitcoin or like an Ethereum, right?
Those, you can say, all right, trillions of dollars are in are in line, right? It could happen, for sure. Um but Terra Luna Classic, maybe not, right? You don't have that that push or um you have the popularity, you just don't have the massive use as of right now to say this can be utilized by the entire world um one standard transactions every single day. So, with that being said, you would need to decrease that supply because at 1 cent at the current level, you'd be looking at a $64 billion market cap, which is not insane. You can get there. We've seen things that have no use case that have gotten there. Um so, with something that is a that um has a use case that has um something going for it, that has its own chain, we're not talking about a uh token, we're talking about a coin, yeah, we can see that happen. So, getting to a dollar has always been in the conversation.
But let's find a way to guarantee that we get to that level. So, burns are the way that we see that happen. I just um you know, had a conversation or at at least it was a slight conversation where I talked about uh what could be the possibility to start this burn for off-chain volume. Because right now, we're not tapping into the 99% volume here, we're tapping only into the DEX volume, which is less than 1% of the overall volume.
We need to find a way to tap into this.
So, I reached out to um connections at BTCC exchange, which is the exchange we just talked about earlier in this video.
If you guys want to get started, feel free to get started, show them that you are supporting what they are doing, and um you know, ask them nicely, right? I'm not sitting here saying that anybody says anything in in any negative um or harmful way, right? We are looking to do this all positively and have great connections with every exchange that we decide to um you know, implement this 1% uh burn fee.
But I talked to them at BTCC. They said that um they can definitely make a case and um talk to the higher-ups to see what they can do about it. But, I also put out a tweet here if you guys want to go ahead and vote on it. Um we had 1,700 people that have looked at it. I don't know if it's difficult to vote because I can't even vote on it. I used to be able to vote on my own um uh you know, polls, but I can't vote on this one. So, I don't know if it's difficult to vote on cuz we only have 10 votes out of 1,700 uh people, but it is 100% uh yes, and people have commented and said their piece and where uh what they feel is going to happen.
Um saying, "Would you support uh BTCC exchange launching a 1% off-chain burn fee for all LUNC and USTC transactions?"
This will be big. This will be huge game-changing for um the chain because it starts that implementation into the or um infiltration into the 99% that we haven't been able to do. Um Binance and CZ has come out and said uh plenty of times before, the only way that this really works for him as his exchange, right?
Would be that everybody decides to implement that 1% fee. Because if he decided to implement it at that time by himself, then it would make people want to buy elsewhere rather than just buy there. So, it wouldn't decrease the volume, it would just push the volume somewhere else. That's the issue that he always had. Um so, the more exchanges that we see decide to do this, one, the first exchange that really does it and consistently does it is going to get so much more popularity and so much more uh you know, whether it's sign-ups or activity or anything like that because people are supporting anybody that supports the chain.
And if we're constantly talking about it, me as a creator, other creators as, you know, they see the burns that are happening, you have more and more publicity, more and more popularity for those exchanges that are doing it from the beginning. Now, when we see overall the 99% decide to burn Terra Luna Classic, now we have we have so much more going for it with this chain to where we can fully recover USTC, um fully recover uh Terra Luna Classic, and implement the algorithm, um put that back in place, re-peg USTC as I just said, and you know, see everything flow the way it was. And we're talking about before this, we saw billions of dollars daily that was going through Terra Luna Classic. When it was sitting at a 40-to-30-to-20 billion-dollar market cap, we're talking about billions of dollars daily going into that position. And we can see the same thing as we are holders, we are the investors, is community-driven. So, we can kind of guarantee this path to get to a dollar, but we have to decide where we want to go. We have to decide, "Hey, this exchange, if you have any connections, reach out to that connection and say, 'Can we burn Terra Luna Classic and can we get this started?'" I think the the main reason to why exchanges want to push back, um and people want to push back, is because they think it's all about the investors to become millionaires, right?
Individually, you might look at it that way. But for me, I look at it as a whole and say, "How do we recover the chain fast enough?"
When a business wants to um I'm not saying that this is the same thing, but when a business wants to um you know, kind of cut all all losses in a way and kind of start all over, they have a a bankruptcy plan, right? Or if they want to raise funds, right? They decide to sell stock, right? Common stock. So, what we're looking at is or you look at the business and it says, I want to do a reverse split to um you know, kind of save everything and that's the way that we're doing this, right? We're trying to save the um the chain and I don't think that people understand that that's the main subject. That's the main focus is to save the chain, recover the chain and now all that utility that was there can come back. And now any utility that we see as interest can come in, right? And all the investors that decided to hold a portion of what they had at the bottom.
Um they're looking at as top investors and actually have a say in the matter.
So, I think we kind of need to uh find a way to guarantee this $1 um level if not way more than that. It needs to reach $5 to $10 to back to 40 and 80 and $100 to support USTC in the long run. While also implementing a uh reserve. So, maybe we come up with a plan.
Maybe we come up with an actual business plan that we can put in front of every single exchange to say, this is where we're going. It's not about I want to be a millionaire. It's about I want this chain to survive.
Right? Focus on that, not focus on I want to make as much money as possible.
That will come with seeing all of this success here. Do you know what I mean?
So guys, hit that like button, hit that subscribe button, hit that notification bell for more of these videos. Also, again, check out my link for BTCC down below. If you guys want to get started with that exchange um and again, answer this poll. I will post it and repost it multiple times just to get more and more uh excitement and when they do do it I will talk about it every single burn that they decide to do.
Mentioning them constantly and I think it'll be good for them it'll be good for us it'll be a win-win situation across the board.
Hit that like button hit that subscribe button and I'll catch you guys in the next one. See you.
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