I know I always say how remarkable the contract is but here's some more proof to show why we're an incredible long term hold:.
09 Jan 2022, 01:29
I know I always say how remarkable the contract is but here's some more proof to show why we're an incredible long term hold:
TLDR; more tokens have been sold than bought yet the price is over 60% higher
If we assume BNB price had been the current price during our lifecycle then we would be looking at:
Launch price: $0.0007199
Current price: $0.00118 (64% increase)
However, if you look at tokens sold and bought:
Bought: 375.5 million
Sold: 422 million (12% more)
Still, more tokens have been sold than bought (presalers) and yet the price is significantly higher due to our tokenomics.
Note: If you're interested in the Maths then keep reading, if not then have a good day!
Buys = (tokens from the LP / 95) * 100
The amount that is transferred from the LP will have the marketing cut taken away so won't be truly reflective.
Sells = tokens to the LP + (burned tokens - initial burn amount)
The amount that is transferred to the LP will not have the burn amount taken away. It will also have the marketing cut taken away but these are eventually manifested as sells so it evens out.