How does Ink Protocol Profit Calculator Works?
This Ink Protocol Profit Calculator uses a simple mathematical principal to calculate the ROI of Ink Protocol. It fetches the historical Ink Protocol price from the database and compares with current Ink Protocol Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Ink Protocol you would have got by investing x$'s on that day ($x/price of Ink Protocol). Now it calculates the current price of that amount in USD (current Ink Protocol price * amount of Ink Protocol purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_XNK_price = Price of XNK in past date;
$quantity_XNK = Quantity of XNK in past = $amount invested / $price_on_that_day;
$price_XNK = Current price of XNK;
$USD_today = ($price_XNK * $quantity_XNK) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Ink Protocol you can check it here: Ink Protocol Price Prediction. This predictions are based on various algorithms applied on the historical price of the Ink Protocol.
If you have any query regarding the above calculator you can comment it in comment box below.