> For the complete documentation index, see [llms.txt](https://wiki.elephant.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.elephant.money/navigating-the-website/elephant/price-sa-elephant-stats.md).

# Price - SA (Elephant Stats)

### Currency comparison 

Bitcoin (Created, 2011) - The First Decentralized Currency - Max Supply: 21 Million

ELEPHANT (Created, 2021) - The First Decentralized Community Bank - Max Supply: 1000 Trillion

### Supply Adjusted (SA) Price Formula

If Bitcoin & ELEPHANT had the same circulating supply of 21M units. What would the ELEPHANT token's supply adjusted (“SA”) price be? 

### Example

$0.11/M ELEPHANT price = $5.56 S.A. price 

From a market cap perspective buying ELEPHANT at these prices is equivalent to buying BTC at $5.56 back in 2012.

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