Cryptocurrency Q&A
How do you find the OG price?
How do you find the OG price?
Giulia
Tue Aug 13 2024
|
7 answers
1346
Excuse me, I was wondering if you could elaborate on how exactly one might go about finding the OG, or original, price of a cryptocurrency? I understand that the market can be quite volatile and prices can fluctuate significantly, but I'm curious about the process for identifying the initial price point of a particular coin or token. Is there a specific platform or methodology that is commonly used to track this information? I'd appreciate any insights you might have on this topic.
7 answers
GeishaMelody
Thu Aug 15 2024
In the realm of finance and cryptocurrency, understanding the intricacies of pricing mechanisms is paramount. When dealing with discounted or sale items, the ability to reverse-engineer the original price becomes crucial.
Was this helpful?
152
71
CryptoVanguard
Thu Aug 15 2024
To accomplish this, one must possess knowledge of both the sale price and the discount percentage. These two factors serve as the cornerstone of our calculation.
Was this helpful?
65
58
Sebastiano
Thu Aug 15 2024
The process involves employing a straightforward formula that leverages these known variables. Specifically, the sale price is divided by the result of subtracting the discount percentage from 1.
Was this helpful?
296
81
SakuraWhisper
Wed Aug 14 2024
This mathematical operation essentially backtracks the discount, revealing the original or list price of the item in question.
Was this helpful?
376
69
CryptoAce
Wed Aug 14 2024
For instance, if an item is currently on sale for $80 with a 20% discount, the formula would be $80 divided by (1 - 0.20).
Was this helpful?
245
60
Load 5 more related questions
