Ser, circulating is just 10% of total supply - Not a good sign. Thanks for sharing though.
senyor
⋅
@Tradermariano, great. it shall dress up for VCs of Solana to fresh highs.
NaMoTa
⋅
But if its going to 0.06, we are not too late right? :D
senyor
⋅
@Mohssin1986, just size your entries in case the banker decides to ram it down back to sub 0.0020
NaMoTa
⋅
@senyor, But sir, how much is the marketcap? Dextool shows us 166k marketcap, but if if you do the formula price * circulating is near 2 m market cap, correct.?
senyor
⋅
@Mohssin1986, the float or circulating supply that the Banker controls is 43M coins the average deal for the day is worth 600k above the pubished Cap is the Gain or income of the banker $600/0.0022 = 270M coins / 42M floated coins = 6 6 is the number of times that FLOAT of 43M being churned or passed around == The float is the average daily turn 600k.. that 150k published is just the base CAP or cost of Banker.. === when the float is secured the banker can take the price anywhere it wants or draw any form shape to lure greed and inflict fear
NaMoTa
⋅
@senyor, wow oke thanks sir, learned a little bit more :D