How much inflow is required to push $EIGEN to 3.5?
To calculate the inflow required to push EIGEN/USDT to $3.5, we can estimate based on the following steps:
1. Current Price and Inflow Effect:
• Current price: $2.927
• Recent large inflows: Positive inflows (e.g., $555,384.26) correlate with the price increase to $2.927.
2. Percentage Increase Needed:
• Target price: $3.5
• Percentage increase: ((3.5 - 2.927) / 2.927) × 100 ≈ 19.6%
3. Inflow Proportionality:
• If a $555,384.26 inflow drove the price to $2.927, then approximately $555,384 × 19.6% ≈ $108,870.14 additional inflow would be required to reach $3.5.
Conclusion:
Approximately $109,000 of new inflow may be needed to push EIGEN/USDT to $3.5, assuming current market conditions and liquidity remain unchanged. This estimate depends on consistent market depth and trading activity.