So very inaccurate ang ganitong formula palagay ko ito din ang ginagawang "formula" ng ibang mga project para lang i-hype ang kanilang mga cryptocurrency.
Medyo naemphasize ko ata na pang compute to ng ATH mismo. Pero sinabi ko sa huli ng OP ko na ito eh ginagamit lang for a near ATH based on the current circulating supply. This is accurate and effective ONLY for short term projections. Kumbaga nearest High price or pede ding gawing basis for your first Take Profit price. Yes, di to accurate especially if you would compute and base your computation in years past circ supply of a coin. Kasi it's obvious na tumataas ang circ supply the more the people adopt it. If i may ask you, what is the nearest ATH sa time na kinompyut mo? Diba tumama din sya sa price na nacompute mo?
Mahirap e predict kong ano ang ATH ng bawat coin or tokens dahil ung iba ay manipulado ng whales sa trading lalo na sa exchange na kilala, nagiging steady lng to depende sa max volume ng tokens. As of now madaming tinatawag na "shitcoins" na pinag kakakitaan dahil sa ATH na yan, pwede ka kumita ng x10 to x1000 nangyayare yan kapag ikaw ay kauna unahang taong nakabili nito.
Yes. This is only part of fundamental analysis, which is required on having a solid analysis of a coin. Yung dalawang need pa is Technical and Sentimental Analysis. Hence, this could only apply both for short term purposes and plain "prediction".