ADDAX Trading Game Round 2 Report - Fund Update +23% in 10 Days & TRENDO Token - Day 11

in #money5 years ago (edited)

The ADDAX fund continues to rise while the market snoozes.

The key data:

ADDAX fund value = 1218 STEEM (+36 STEEM)
Tokens in play = 14,935
ABV estimate = 8.16 STEEM cents (0.0816 STEEM) UP from yesterday

A much better day today, with income from both posts and tokens.

I sometimes do a 10-day progress calculation, just to see how we're doing.

The end of Day 1 had an ABV of 6.62 STEEM cents, and 10 days later we are at 8.16 cents, an increase of 1.54 cents, or +23.3%. That comes to +2.33% per day or almost 850% APR. Not bad. Projecting to the full 28-day game gives us exactly 11 cents!

A short note on the TRENDO tipping token. There was a small blip today and the tips dropped in value. I have been told this was an oversight as the new test code became live. I notice this affected only one ADDAX member and values are now back to normal.

A reminder that anybody can join in at any time. Just either buy what is on the market or, better still, place a buy order just above the current ABV.

Any feedback is appreciated.



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ONECENT: The First Strategic Token Investment Game (STIG)

ADDAX

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Hi @addax, a bonus tip from MAPR:
$trendotoken
Enjoy!

Congratulations @accelerator, you are successfuly trended the post that shared by @addax!
@addax got 0.40755600 TRDO & @accelerator got 0.27170400 TRDO!

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