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