Elephant Money Newsletter (9/14/2023)- Bonus Chart Day!
This is the Elephant Money Newsletter, a weekly update on everything Elephant. Please feel free to reference and share all the information in this newsletter!
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In this week’s update:
- Elephant Money: BTC Adjusted Price and Analytics
- NFTs Marketplace Update
- Marketing/Partnerships
- Raid a WEEK: Youtube and Medium
BTC Supply Adjusted Price:
9/7: $17.71 (Up $1.20)
9/14: $18.82 (Up $1.11)
Elephant Money Stats
Elephant Treasury: (1130 8/31/2023 PST)
9/7: 170.45 (Up 1.15)
9/14: 171.54 (Up 1.09)
Both LP Total:
9/7: 100.70 ( Down 3.32T)
9/14: 97.56 ( Down 3.14T)
Note: Above stats are real time on chain numbers provided bscscan.com. Dune analytics updates every few hours.
Blockchain Explorer: Bscscan.com
On Chain Transparency
Note: Here is the BSC blockchain explorer for Elephant Money- https://bscscan.com/token/0xe283d0e3b8c102badf5e8166b73e02d96d92f688#balances
Liquidity Pools:
Elephant / BNB Liquidity:
Top 3rd Holder of wBNB on BSC.
9/7: Total BNB in Elephant / wBNB LP: 94,573 (Up 4,362 wBNB)
9/14: Total BNB in Elephant / wBNB LP: 97,982 (Up 3,409 wBNB)
Elephant/BUSD Liquidity:
Top 5th Holder of BUSD on BSC
9/7: Total BUSD in Elephant/ BUSD LP: $17,355,826 ( Up $432,608)
9/14:Total BUSD in Elephant/ BUSD LP: $17,848,114 (Up $492,288)
30 day In vs Out:
Total In:
9/7: 3,700,000
9/14: $3,700,000 (No change from last week)
Total Out:
9/7: $514,600
9/14: 514,0000 (Down $600)
Futures: Assets Vs Liabilities
Futures TVL (Liabilities): $16,602,266 (Up $771,144)
Elephant Treasury (Assets): $67,771,000 (Up $4,341,000)
Note: 4x more assets than futures liabilities! (No change from last week)
Elephant Money Charts:
24 hours (9/14/2023 1230 PST ): +0.96%
7 Day: + 5.87%
YTD: + 357.50%
Elephant Money Unlimited Marketplace is LIVE!
You can buy discounted Elephant Money Unlimited NFTs @ 1.8 BNB each!
Available Discounted NFTs: 74
NFTs sold in Marketplace: 156
NFT Supply Minted:
9/7: 10,242
9/14: 10,360 (118 NFTs minted)
Total BUSD Deposits: $2,299,000
Current APR: 29.76% (Up 1.16%) paid in Elephant Token
Total Rewards Paid Out to Stakers: $114,404.00 in Elephant Token
All updates on Elephant Money Unlimited NFTs will be provided by Bankteller via the Medium Link Below.
https://medium.com/elephant-money/elephant-money-unlimited-is-live-cf67fbf8f708
Bonus Chart:
Supply & Demand Mechanics 🔥🔥
Bertha continues her march for dominance of the Elephant token, holding a whopping 17% of the supply and leaving less than 10% in the LPs.
As she grows, less and less tokens are available for participants and the circulating supply begins to drop. As tokens come out of the LPs and into the hands of Bertha and participants — price increases in a steeper trajectory.
Not only does this result in higher prices, but the fact Bertha is a known quantity, pre programmed to sell specific APRs of her holding to pay the protocol liabilities, we become less and less susceptible to the actions of the participants with deep pockets. Bertha is the friendly whale holding over 21 times the number of tokens than any individual has.
Under the hood, it’s a complex network of contracts that work together to continually feed and support the treasury growth.
But, when you simplify it and take a birds eye view — It’s simply an elegant demonstration of the laws of supply and demand. 💯
Marketing / Partnership / Events:
Twitter Spaces:
Please tune in Every Wednesday for the Elephant Money Spaces:
9/13/2023 Twitter Space Link:
https://twitter.com/ElephantStatus/status/1699436976313610683?s=20
NFT GIVEAWAY EVERY WEDNESDAY to a random audience member!
Congrats to Aslam for winning the Elephant Money Unlimited NFT!
RAID a Week Content:
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YOUTUBE HERD:
Medium Herd:
Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.
