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