Gate of Degen
@degengate
2 Following
13692 Followers
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๐ย "Degen Master Challenge" - Conclusion ๐
We are thrilled to announce that the "Degen Master Challenge" has successfully concluded yesterday, marking the end of an exciting 4-week (28-day) journey.
๐ย Over the course of the event, the communityโs enthusiastic participation greatly enhanced usersโ understanding of the GoD mechanism.
โข Total $DEGEN invest into @fightcoin: 610,300 $DEGEN
โข Total number of participants: 478 users
โข Total number of investments: 1,105 times
โข $DEGEN earned by @fightcoin KeyHolder: 93,388 $DEGEN
โข Highest ROI by: @opinions - Invested 100 $DEGEN, received 1,119 $DEGEN (ROI: 1,018%)
โข Largest profit extraction by: @byorca - Withdrawn 23,702 $DEGEN
โข Largest pending profit extraction by: @kendale - 56,640 $DEGEN
It is worth noting that even if the operation is fully public, the @degengate account is still in a profitable state , profits: 160,400 $DEGEN
https://degengate.fun/degengate/frame?stage=d4f77356c2d54a1482785cd7803fad8a&page=S_TM&target=797948 2 replies
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Day13 Degen Master Challenge
๐ฐ 10,000 $DEGEN will degen into @fightcoin after 24h. (6:00 PDT)
๐ Top rank(ROI):
1. @kendale 46.35% = (44018.44 - 30076.73) / 30076.73
2. @oopsie 46.25% = (2.34 - 1.60) / 1.60
3. @ekasundarman 46.24% = (8.16 - 5.58) / 5.58
๐ @fightcoin's Mcap: $5.89m (up 5.69%), 10,000 $DEGEN degenned.
๐ฌ Q13: How to Understand the Relationship between Price and Position?
๐ฌ Q12: What is the relationship between MCap, Price, Position and Profits?
A12: MCap is Market Cap, which represents the value of a GoD. The higher the MCap, the higher the Price, and the higher the value of the Position.
When the MCap is low, a position can be held at a lower cost. As the MCap increases, the value of the position will increase, resulting in high profits.
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