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SLP based on Minted and Market Cap Calculation
SLP / TetherUS
Short
SLP based on Minted and Market Cap Calculation
By Syndra
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Sep 13, 2021
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Sep 13, 2021
You can get the SLP Minted and Burned database from here;
axieworld.com/en/economics/c...
The calculation is very basic which is;
minted - burned = SLP added
price = cap / supply
I've put the random set of SLP added in the circulation based on the last 30 days as a "random picker" to project the chart
Assuming the cap remains the same without fundamental changes
Then there is a high chance for the price to drop around 0.05629 Dollars in 2 more weeks (according to the chart projection)
Recent data study with this approach was correct, What do you think?
Chart Patterns
Syndra
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