SBD At US$40 Would Have Been Achieved

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·@dpl·
0.000 HBD
SBD At US$40 Would Have Been Achieved
## According to Coin Market Cap
The current price of SBD is US$3.0196 at a Market Cap of US$ 39,862,562 as seen in the image below.

![1.PNG](https://steemitimages.com/DQmRuN2eg7Te5c8Jx7VcPLna4UbpGTnfMoWHihfdtagUL9L/1.PNG)

## Circulation Supply
Circulation supply since my last post was increased by 262,002 coins (2.02% increase). Circulation Supply was increased from approximately 1,000,000 coins to 13,201,274 coins since the first cycle explained in my previous [post](https://steemit.com/steemit/@dpl/sbd-circulation-supply-increase#@dpl/re-clearbluecrypto-re-dpl-sbd-circulation-supply-increase-20180505t140816261z).

![2.png](https://steemitimages.com/DQmUtraQmfuya3peSUoUBSBM2cMBQ1NS6BvSm1V7kihf1Pq/2.png)

## Effect of Increase In Circulation Supply
To give some idea of the Effect of the increased circulation supply of SBD, below is what the Price of SBD would have been without an increase in Circulation Supply on the current Market Cap (supply of first cycle was taken as the base).

![3.png](https://steemitimages.com/DQmc6XCMoYXJmZ3fbqydoF9n7J9cD278YBVsVHt4fT4rGDv/3.png)

## Latest Graph - Circulation Supply vs Price

![4.png](https://steemitimages.com/DQmXn8hbx9JWuNYczQUcStuqv9CfzUSBFU4pxidLKUCpYDc/4.png)

## Price at US$1.15 & Lower vs Higher Than US$1.15
Out of the 580 days for which data is available on Coin Market Cap the price has been close to or less than US$1.15 for 343 days. This is a ratio of 60% at or < US$1.15 and 40% > US$1.15 as seen below.
![5.png](https://steemitimages.com/DQmZ7TwT4rsDFoAuAxYFwoYJTjQ8SwuB2hL9VEQgYygJhvx/5.png)


## Sources/Previous Posts
- [Coin Market Cap](https://coinmarketcap.com/currencies/steem-dollars/#charts)
- [SBD - Circulation Supply Increase](https://steemit.com/steemit/@dpl/sbd-circulation-supply-increase#@dpl/re-clearbluecrypto-re-dpl-sbd-circulation-supply-increase-20180505t140816261z)

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![Slide1_RV1.jpg](https://steemitimages.com/DQmTzDSk74vY51RNvdW7ptzo11txWhPxGyEz2kRUKpyeCV6/Slide1_RV1.jpg)

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![Untitled_rv5.png](https://steemitimages.com/DQmU6Fb37SfDiHgUUJGLmQUFMwRVsdvzwe74WjLuA5h7MAQ/Untitled_rv5.png)
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