Published On Apr 24, 2024
1. Entire gaming industry worth: $455 billion annually.
2. 5% of the gaming industry into crypto gaming: 5% of $455 billion = $22.75 billion annually.
3. 1% of the crypto gaming industry into the specific coin: 1% of $22.75 billion = $227.5 million annually.
4. Pump effect on the coin:
* Every $20,000 investment pumps the coin by 2%.
* Price of the coin starts at $0.0070.
5. Calculation of the pump effect:
* Number of times $20,000 goes into $227.5 million ≈ 11,375 times.
* Total pump effect = 2% * 11,375 = 22,750%.
6. New price of the coin:
* Original price: $0.0070.
* New price = $0.0070 * (1 + 22,750%) ≈ $1.59.
7. Percentage increase and multiples:
* Percentage increase ≈ 22,614.29%.
* Multiples ≈ 227.14 times the original price.
8. Investment outcome:
* Invested $1,000.
* Got approximately 142,857 coins.
* New balance ≈ 142,857 * $1.59 ≈ $227,142.63.