Hello friends, I am new to crypto and I have a few questions, I would be grateful if you could answer them.

My first question is about percentage.

Now the percentage in the crypto market resets every 24 hours.

For example; I invested 100$ in X coin.

After 24 hours, X coin gained 100% value and my balance became 200$ .

Since it is 24 hours, the percentage has been reset and will start a new 24 hours. My account balance is 200$

X coin gained 100% value again towards the end of 24 hours. Now my account balance is 300$ ? Or will it be 400$ ?

As I understand it, if you multiply a number by 100% all the time, it's like this:

$100

$200

$400

$800

$1600

$3200

$6400

$12800

$25600

$51200