🔥$TUT FOR US$ 1? FANTASY OR A REAL SCRIPT?
TOTALLY REAL?
Lately I've been seeing some authors writing that the
TUT can reach US$ 1. At first I thought: oh, that's already too much.
But I decided to just calculate.
In circulation, there are approximately 831 million TUT. With a price of US$ 1, the market cap would be about US$ 831 million.
Yes, it's a big number. But for crypto, that isn't a "fantastic" capitalization. Also, the TUT has already shown a price close to US$ 0.24.
That means that to reach US$ 1 from its ATH would be about 4x, not 50x.
On the other hand, now the TUT is far from those levels. To see US$ 1, you need very strong demand, a good market, and of course that the project itself doesn’t lose interest.
Personally, I still don’t call US$ 1 a goal.
But I also wouldn’t say that's impossible.
And you, what do you think: is US$ 1 for $TUT real, or has it already gone too far?
Not financial advice. Personal analysis.
TOTALLY REAL?
Lately I've been seeing some authors writing that the
TUT can reach US$ 1. At first I thought: oh, that's already too much.
But I decided to just calculate.
In circulation, there are approximately 831 million TUT. With a price of US$ 1, the market cap would be about US$ 831 million.
Yes, it's a big number. But for crypto, that isn't a "fantastic" capitalization. Also, the TUT has already shown a price close to US$ 0.24.
That means that to reach US$ 1 from its ATH would be about 4x, not 50x.
On the other hand, now the TUT is far from those levels. To see US$ 1, you need very strong demand, a good market, and of course that the project itself doesn’t lose interest.
Personally, I still don’t call US$ 1 a goal.
But I also wouldn’t say that's impossible.
And you, what do you think: is US$ 1 for $TUT real, or has it already gone too far?
Not financial advice. Personal analysis.