$135 First! Theoretical Reasons Why SG Price Will Reach It
Who claimed cryptocurrency has no value? It was Warren Buffett who famously dismissed Bitcoin as “rat poison squared,” declaring it nothing more than a baseless illusion.
Yet, despite such skepticism, Bitcoin has surged by over 247-fold in the past decade. Against the weight of evidence, subjective opinions falter.
As President Trump prepares to assume office in 2025, and the Bitcoin halving rally continues, Bitcoin is now at an all-time high. Michael Saylor, Executive Chairman of the publicly traded MicroStrategy, has boldly forecasted that Bitcoin’s price could reach $13 million per BTC. While we cannot predict if his estimate will materialize, the upward trajectory of Bitcoin prices is undeniable.
Historically, Bitcoin’s bull runs have sparked wealth creation for investors, who subsequently shift their focus to altcoins, driving a secondary wave of price surges. Your SG holdings are poised to ride this wave, amplifying their value in tandem.
But just how much could SG appreciate?
Unveiling SG’s Theoretical Value
Cryptocurrency pricing lacks a universal formula, yet established correlations exist. Notably, market capitalization often scales proportionally with the number of holders, much like equities are valued as a multiple of their earnings.
The following chart, as of November 27, 2024, plots holders against market capitalization:
From this data, we derive the formula Market Cap = 10,397 * Holders + 3.45E+09, which predicts cryptocurrency market capitalization. Applying this to SG:
• SG’s holders: 21,562
• Theoretical market capitalization: $3,674,180,114
Currently, SG’s market capitalization is only 5,805,806 as of November 27, 2024.
This stark undervaluation suggests that SG price could multiply by 632 under market-aligned conditions. Dividing the theoretical market cap $3,674,180,114 by the circulating supply 27,125,752.73 yields a fair value of $135.45.
What is your assessment of this fact-driven projection?
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This limited-time offer is capped at USD 1 million, and SG is available on a first-come, first-served basis. Don’t miss the chance to acquire additional SG at highly attractive rates.
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Who we are
SocialGood, Inc. is a Japanese Web3 startup. We have partnerships with over 20,000 leading online stores worldwide, including Walmart and eBay, etc. We have raised over 2 billion yen in funding from VC and listed companies. We are supported by JETRO, an agency of the Japanese government.
Through SocialGood App (iOS, Android and Chrome Extension), we give our users money every day, we help our users build assets. By doing so, we hope to create a better society. That is why we chose the brand name SocialGood.
🏢 Our Office
🚩 Our Office Tour Click here
📍Our Office location
Official Website: https://socialgood.inc/
Download for iOS: https://socialgoodapp.page.link/referral-ios
Download for Android: https://socialgoodapp.page.link/referral-android
Chrome Extension: https://chrome.google.com/webstore/detail/socialgood-crypto
Twitter: https://twitter.com/socialgood_inc
Facebook: https://www.facebook.com/socialgoodinc/
Discord: https://discord.gg/Fs7u5YtWkq
Disclaimer: The SocialGood (SG) token is a utility token. SG is not a security, just as real estate and gold are not securities. The description above does not refer to the nature of SG in any way. The appreciation/price increase of SG is not guaranteed. The Company is not responsible in any way for the fluctuation of the price of SG. The Company is not liable for any loss/damage/injury of customers in relation to SG. The description above is not intended to solicit investment. The description above is only for the purpose of providing general information for customers. The description above may change without prior notice and the Company is not responsible for the current description and for updating the description.
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The price of SocialGood (SG) will rise higher as everyone shops for what they want.
Join us now – with everyone’s combined efforts, we can all become millionaires together!
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The price of SocialGood (SG) will rise higher as everyone shops for what they want.
Join us now – with everyone’s combined efforts, we can all become millionaires together!
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