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