Post
Topic
Board Announcements (Altcoins)
Re: eXperience Points [XP] ENGLISH
by
FalconCoinTalonPower
on 12/08/2019, 05:24:18 UTC
This look like an interesting coin, but I'll get some XP after swap, it's a bad deal getting them right now! A 200:1 swap means each coin would cost $0.001. Better waiting the price drop to $0.00005 to $0.00007, that's the real level of a 20 billion coin in a 700 ranking position.


Post swap, the new chain coin must demand a price of at least 1/3 of a DOGE each for those who swap to break even. The market cap would have to be around 6.4 billion DOGE, $19.2 million.

Current original xp chain price of 0.0016 DOGE each x 200 = 0.32 (this because 200 coins becomes 1)

20billion new chain xp * 0.32 DOGE each = 6.4 billion DOGE total.
Current DOGE price of $0.003 each x 6.4 billion = $19.2m.


To recap
Those who do not sell now and go through with the swap must hope and pray that the market cap increases 19x from current cap in order to break even.
Wouldn't touch this coin with a 200ft pole.

Please correct my math if I am wrong.  Have those who support the swap done this math yet? I think not, unless I am somehow dead wrong on my math.