The marketing of "titanium" has been very effective, so effective that few people actually realize what its real properties are.
A lot of people think that titanium is very light, lighter than aluminum. In fact, Ti is approaching double the density of aluminum.
A lot of people think that titanium is harder and stronger than steel. In fact, titanium is as soft as or softer than weldable, mild steel (HRB 80), with about the same tensile strength.
A lot of people think that titanium is corrosion proof and will stand up to anything. In fact, strong caustics and acidic halogens (particularly fluorine) are pure death to all the Ta-group metals, and at medium-high temperatures titanium burns like a strip of magnesium in grade 10 science class.
A titanium bullet would be too expensive to buy, too difficult to form, too light and soft to penetrate, and would stand a real chance of self-igniting in your barrel and burning like a road flare as it went downrange. A more terrible choice in ballistic material could scarcely be imagined.