inflation and a deflationary system!
31.12.2022:
Price: 1,33
Marketcap: 46.800.000 usd
09.03.2023:
Price: 2,35
Marketcap: 328.000.000 usd
Price Move: 2,35 / 1,33 = 1,766
Marketcap Move: 328.000.000 / 46.800.000 = 7,008
The Price increased by 77% but the Marketcap by 600%.
The Marketcap would be even with 20% inflation at the current price(inaccurate):
46.800.000 * (1 + 0,77 + 0,2) = 92.196.000 usd
1: what is the explanation of the team for this?
2: let’s change it!
1)The statistics you've provided appear to be inaccurate. Kindly refer to Coingecko for accurate data. Our market cap was approximately 173 million as of December 31, 2022, and it increased to around 195 million by March 9, 2023. 2)There will be some changes to the tokenomics with v3.
They are pretty accurate, I just wrote the second date false which is my mistake. From Coingecko (your source) in usd: 25.10.2022: Price: 1,11 Marketcap: 43.700.000 12.03.2024: Price: 2,56 Marketcap: 372.400.000 Price move: 130% Marketcap Move: 752% Where does this inflation come from? And if you don’t believe me, just search CoinMarketCap or Coingecko, Band Protocol, Full History and then switch between Price and Marketcap.
Hey MF, long time not seen!😉 CMC and coingecko weren't showing correct circ supply during 2022, it you check market cap during that time it shot up X2 in a day. This is when the correct cir supply was reflected on both website after we contacted them.
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