The cryptocurrency trading simulator Crypto Parrot team has launched a tool for tracking the distances to be covered by the top ten cryptocurrencies before reaching the moon.
Each dollar on the platform is equivalent to 1 km or 0.62 miles. The distance traveled in 24 hours is arrived at by calculating each cryptocurrency's nominal price change based on the percentage change in the last 24 hours.
The tool dubbed ‘Crypto Moon’ highlights the distance traveled by each cryptocurrency in 24 hours, the distance remaining, and the fuel needed (market capitalization) before reaching the moon.
The methodology
The tool’s data refreshes after every ten minutes and is based on 384,400 kilometers or 238,856 miles distance from the earth to the moon.
Elsewhere, the Crypto Moon’s estimated market capitalization is calculated by multiplying circulating supply by 384,400, which is the desired price point.
With cryptocurrencies growing in popularity as diversifiers to investment portfolios and a store of value, Crypto Parrot is inviting users to journey towards the moon.
See the tracker here: https://cryptoparrot.com/crypto-moon
Cryptoparrot.com, Unit 25 Classon House Dundrum Business Park, Dublin, Dublin 14 Ireland
Each dollar on the platform is equivalent to 1 km or 0.62 miles. The distance traveled in 24 hours is arrived at by calculating each cryptocurrency's nominal price change based on the percentage change in the last 24 hours.
The tool dubbed ‘Crypto Moon’ highlights the distance traveled by each cryptocurrency in 24 hours, the distance remaining, and the fuel needed (market capitalization) before reaching the moon.
The methodology
The tool’s data refreshes after every ten minutes and is based on 384,400 kilometers or 238,856 miles distance from the earth to the moon.
Elsewhere, the Crypto Moon’s estimated market capitalization is calculated by multiplying circulating supply by 384,400, which is the desired price point.
With cryptocurrencies growing in popularity as diversifiers to investment portfolios and a store of value, Crypto Parrot is inviting users to journey towards the moon.
See the tracker here: https://cryptoparrot.com/crypto-moon
Cryptoparrot.com, Unit 25 Classon House Dundrum Business Park, Dublin, Dublin 14 Ireland