Parallel
Parallel (PAR) Metrics
Parallel मूल्य चार्ट लाइव
मूल्य चार्ट
0.01%
Parallel (PAR)
What is Parallel?
Parallel (PAR) is a blockchain-based token designed for a decentralized ecosystem that facilitates gaming and digital asset ownership. As a cryptocurrency, the Parallel token is primarily used for in-game transactions, allowing players to buy, sell, and trade digital assets securely. It operates on the Ethereum blockchain, leveraging its smart contract capabilities to ensure transparency and security within the gaming environment. This innovative project aims to enhance user engagement and create a vibrant marketplace for digital assets in the gaming industry.
When and how did Parallel start?
Parallel (PAR) was launched in 2020, created by a team of developers aiming to build a decentralized finance ecosystem. The project focuses on providing users with a unique gaming experience while integrating blockchain technology. Initially listed on several exchanges, Parallel gained traction through its innovative approach to combining gaming and finance, attracting attention from investors and the crypto community. Major events in its early development include successful funding rounds that helped bolster its growth and community engagement.
What’s coming up for Parallel?
Parallel (PAR) is gearing up for an exciting phase with its latest roadmap updates, focusing on expanding its ecosystem and enhancing user engagement. Upcoming features include the integration of decentralized finance (DeFi) tools and enhanced interoperability with other blockchain networks, which are expected to significantly broaden its use cases. The community plans to host several events aimed at fostering collaboration and innovation among developers and users alike, ensuring that Parallel remains a vibrant and evolving platform. As these developments unfold, users can look forward to a more robust and versatile experience within the Parallel ecosystem.
What makes Parallel stand out?
Parallel (PAR) stands out from other cryptocurrencies with its unique hybrid consensus mechanism that combines Proof of Stake and Proof of Authority, enhancing scalability and security. Its special feature includes a focus on real-world use cases in decentralized finance (DeFi) and non-fungible tokens (NFTs), which enables seamless integration into various applications. Compared to traditional blockchain solutions, Parallel's tokenomics incentivizes community participation and governance, fostering a robust ecosystem.
What can you do with Parallel?
Parallel (PAR) is a utility token primarily used for payments within the Parallel ecosystem, enabling seamless transactions in various DeFi apps. Users can also engage in staking to earn rewards, participate in governance decisions, and access exclusive NFTs. Its versatile applications enhance the overall utility and functionality of the Parallel platform.
Is Parallel still active or relevant?
Parallel (PAR) is currently active, with ongoing development and a dedicated community presence. It is still traded on various exchanges, indicating sustained interest and engagement from users. The project shows no signs of being inactive or abandoned, maintaining regular updates from its developers.
Who is Parallel designed for?
Parallel (PAR) is designed for a diverse user base, primarily targeting gamers and NFT enthusiasts who seek immersive experiences within a blockchain ecosystem. Its community is also adopted by developers looking to create innovative applications and experiences, as well as investors interested in the growing intersection of gaming and decentralized finance (DeFi). This unique blend of audiences positions Parallel as an ideal platform for those engaged in the evolving landscape of digital assets and interactive entertainment.
How is Parallel secured?
Parallel (PAR) secures its network through a unique consensus mechanism known as Proof of Stake (PoS), which enhances blockchain protection by allowing validators to participate in the block creation process based on the number of coins they hold and are willing to "stake." This method not only promotes decentralization but also ensures network security by incentivizing honest behavior among validators, thereby maintaining the integrity of the blockchain.
Has Parallel faced any controversy or risks?
Parallel (PAR) has faced challenges related to extreme volatility, which poses significant investment risks for users. Additionally, the project has been scrutinized for potential security incidents and concerns over transparency, raising questions about its long-term viability. While there have been no widely reported hacks or legal issues, the cryptocurrency market's inherent risks necessitate caution for investors.
Parallel (PAR) FAQ – Key Metrics & Market Insights
Where can I buy Parallel (PAR)?
Parallel (PAR) is widely available on centralized cryptocurrency exchanges. The most active platform is Balancer (Polygon), where the EURE/PAR trading pair recorded a 24-hour volume of over $4,027.26. Other exchanges include Balancer V2 (Polygon) and Balancer V2.
What’s the current daily trading volume of Parallel?
As of the last 24 hours, Parallel's trading volume stands at $14,402.68 , showing a 51.54% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s Parallel’s price range history?
All-Time High (ATH): $22.71
All-Time Low (ATL): $0.256137
Parallel is currently trading ~94.78% below its ATH
and has appreciated +366% from its ATL.
What’s Parallel’s current market capitalization?
Parallel’s market cap is approximately $2,658,023.00, ranking it #1789 globally by market size. This figure is calculated based on its circulating supply of 2 240 894 PAR tokens.
How is Parallel performing compared to the broader crypto market?
Over the past 7 days, Parallel has declined by 3.01%, underperforming the overall crypto market which posted a 0.71% gain. This indicates a temporary lag in PAR's price action relative to the broader market momentum.
प्रवृत्तियाँ बाजार अवलोकन
#2752
148.15%
#1882
145.92%
#285
66.57%
#781
40.38%
#234
40.23%
#542
-49.05%
#2523
-45.3%
#2989
-30.23%
#1715
-27.34%
#2826
-23.97%
#1
0.29%
#8284
no data
समाचार सभी समाचार
Education All Education
Parallel बुनियादी बातें
एपीआई आईडी | par-parallel |
|---|
| हार्डवेयर बटुआ | हाँ |
|---|
| वेबसाइट | mimo.capital |
|---|---|
| बटुआ | Coins Mobile App |
| स्रोत कोड | github.com |
|---|---|
| संपत्ति प्रकार | Token |
| संविदा पता |
| अन्वेषक (3) | etherscan.io ftmscan.com polygonscan.com |
|---|
| टैग |
|
|---|
इसी तरह के Coins
Popular Coins
Popular Calculators
Parallel आदान-प्रदान
Parallel बाजार
ब्याज के अन्य Coins - के समान Parallel
| # | नाम | बाज़ार आकार | कीमत | मात्रा (24h) | परिसंचारी आपूर्ति | 7d आरेख | ||
|---|---|---|---|---|---|---|---|---|
| 3 |  | Tether USDT | $177,557,013,600.00 | $1.000771 | $56,602,854,835.00 | 177,420,277,588 |  +0.02% | |
| 7 |  | USDC USDC | $75,944,913,768.00 | $1.001028 | $10,033,181,336.00 | 75,866,942,293 |  +0.07% | |
| 8 |  | Lido Staked Ether STETH | $37,885,602,135.00 | $3,868.09 | $16,024,934.00 | 9,794,399 |  -2.13% | |
| 12 |  | Wrapped Liquid Staked Ether 2.0 WSTETH | $16,760,688,980.00 | $4,713.71 | $9,876,939.00 | 3,555,731 |  -2.01% | |
| 13 |  | WETH WETH | $14,581,528,730.00 | $3,871.99 | $429,255,204.00 | 3,765,896 |  -2.03% |
Parallel तरलता
| PAR कीमत | $1.186144 0.31% |
|---|---|
| 24h मात्रा | $14,402.68 -51.54% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.