$XVG Detailed Explanation of Calculating the Days Needed to Reach the Target Price:
1. The Formula for Daily Compound Growth:
The target price depends on the current price growing daily at a fixed rate. The formula representing this growth is:

• : Target price (in this case, $0.50).
• : Current price (updated to $0.0112).
• : Daily growth rate (e.g., 5% = 0.05, or 10% = 0.10).
• : The number of days needed to reach the target price.
2. Solving for :
To find the number of days , we rearrange the formula:

This means we calculate the ratio of the target price to the current price (), take the logarithm of this ratio, and divide it by the logarithm of (1 + the daily growth rate).
3. Plugging in the Values:
Updated Values:
• Current price .
• Target price .
• Daily growth rates: 5% (0.05) and 10% (0.10).
Step 1: Calculate the Price Ratio:

Step 2: Apply the Formula for Each Growth Rate:
For a Daily Growth Rate of 5%:

For a Daily Growth Rate of 10%:

4. Practical Interpretation:
• 5% Daily Growth: The coin would need approximately 78 days (about two and a half months) to reach $0.50.
• 10% Daily Growth: The coin would need approximately 40 days (less than a month and a half) to reach $0.50.
Important Notes:
1. Compound Growth: These calculations assume compound growth, meaning the price increases are added to the base for the next day’s calculation.
2. Market Volatility: This is a theoretical calculation. In reality, the market rarely grows at a consistent daily rate.
3. Market Factors: News, demand, supply, and other external factors significantly affect actual growth.
Example of Compound Growth in Practice:
If the price starts at $0.0112 and grows by 10% daily:
• Day 1: .
• Day 2: .
• And so on, until the price reaches $0.50.
You can observe that the daily growth accelerates as the base price increases, thanks to compounding.
