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