Price (Market Pair) or Bounty Stake Price
The price for each market pair is the same as the bounty stake title's price of the specific project.
The BountyMarketCap calculates that price by taking the unconverted highest bid price reported directly from the exchange and converting it to USD using the current Etherscan reference prices.
Let's take XXX_CA_Stake_Signature/TKP market pair as an example:
Let (E) be the highest bid price of XXX_CA_Stake_Signature/TKP derived from the exchange.
Let (C) be the current price of TKP from Etherscan in USD.
Let (D) be the derived price reported on BountyMarketCap for the market pair.
For this example, let (E) = 10 TKP and let (C) = 0.01 USD.
D = E * C
D = 0.1 USD
Therefore, the derived price for XXX_CA_Stake_Signature/TKP market pair is 0.1 USD.
Forecasted Token Price (crypto asset)
The BountyMarketCap calculates and displays a forecasted token price for every listed project. It calculates a forecasted token price based on the Forecasted Market Capitalization of a project.
Let's take the XXX project as an example:
Let (C) be the Forecasted Market Capitalization of XXX project calculated as described here.
Let (T) be the total token supply of the XXX project.
Let (F) be the forecasted token price reported on BountyMarketCap for the XXX project.
For this example, let (C) = 1,000,000 USD and let (T) = 100,000,000 XXX tokens.
F = C / T
Therefore, the forecasted XXX token price is 0.01 USD.
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