Asset Description
- BTC (Bitcoin)
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Launched in 2009, Bitcoin is the first fully decentralized cryptocurrency. It is renowned for its robust security via Proof-of-Work, a capped supply of 21 million coins, and a unit of account in satoshis (1 BTC = 100,000,000 satoshis).
- USDT (Tether)
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USDT (Tether) is a stablecoin cryptocurrency issued by Tether Limited, pegged 1:1 to the U.S. dollar. It is widely utilized in the cryptocurrency market for trading, remittances, and as a hedge against volatility. USDT is available on multiple blockchains, including Ethereum, Tron, and Bitcoin's Omni Layer.
- AVAX (Avalanche)
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The native token of the Avalanche network (token symbol AVAX), used for transaction fees, staking, and on-chain governance. It operates on the high-throughput, sub-second Avalanche consensus platform.
- NXPC (Nexpace)
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The governance and utility token within the MapleStory Universe, issued on Avalanche’s Henesys chain. It powers in-game purchases, creator incentives, and DAO voting; capped at 1 billion NXPC.
Calculation Method Explanation
1. Absolute BTC (Satoshis) Chart
This chart displays the absolute value of various assets denominated in Bitcoin (BTC), specifically in satoshis (1 BTC = 100,000,000 satoshis).
- USDT: Calculated by taking the reciprocal of the BTC/USDT price and multiplying by 100,000,000 to convert to satoshis. This represents how many satoshis one USDT is worth.
- AVAX: Prices are fetched from the Bitget API as AVAX/BTC pairs. Each AVAX price in BTC is multiplied by 100,000,000 to convert to satoshis, representing the value of one AVAX in satoshis.
- NXPC: Method 1: Calculated by taking the reciprocal of the BTC/USDT price and multiplying by 100,000,000 to convert to satoshis. This represents how many satoshis one USDT is worth. Method 2: If Method 1 data is unavailable, calculate the NXPC/BTC rate by dividing the NXPC/USDT price by the BTC/USDT price, then multiply by 100,000,000 to convert to satoshis. This represents how many satoshis one NXPC is worth.
This chart provides a direct comparison of asset values in terms of BTC over time, allowing for analysis of their absolute performance.
2. Percentage Change Chart
This chart illustrates the percentage change in value of each asset relative to its initial value at the start of the selected time period.
For each asset, the percentage change is calculated using the formula:
((Current Value - Initial Value) / Initial Value) * 100This normalization allows for a comparative analysis of asset performance over time, regardless of their initial absolute values. By presenting data in percentage terms, this chart highlights the relative growth or decline of each asset, facilitating performance comparison.
