Do you think that’s feasible, or am I getting ahead of myself?
I do think your prediction is fasible, but reaching $20 before Q2 next year is too good to be true. I'm not underrating BGB token and its utility, the problem is that Burn mechanism will occur periodically. Recently, 1.02 billion worth of BGB burned, but it gives no impact to the price. In fact, it's depreciated a little bit just after the announcement of burning the tokens.
Nevertheless, i'm still feeling so bullish for the long term as per the latest announcement. BGB will be burning until there will be only 100 millions token circulated in the market. Let's say the current supply is 900m,, when it's gonna be burn until 100m means 8/9 of supply will be burned. It's possible to expect the price to perform at least 5x increase for long term.
Things get better when BGB will be also used as a governance and gas token in Morph network.