The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
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Pangolin
PNG
4.7
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Market
Market stats
Market cap
$3.3M
Volume (24h)
$38,349.56
Circulating supply
186.9M PNG
Typical hold time
8 days
Popularity
#217
All time high
$4.99
Price change (1h)
+0.02%
Price change (24h)
0%
Price change (7d)
-1.81%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Pangolin is on the decline this week.
The price of Pangolin has fallen by 1.81% in the past 7 days. In just the past hour, the price grew by 0.02%. The current price is $0.0178 per PNG. Pangolin is 99.64% below the all time high of $4.99.
The current circulating supply is 186,914,285 PNG.
Ratings
Average ratings from the community
4.7 out of 5
348 ratings
Community
4.7
(115)
Roadmap
4.7
(117)
Usefulness
4.7
(116)
This content is for informational purposes only.
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About
PNG is the utility token of the Pangolin DEX, which initially launched on Avalanche. In 2022, Pangolin announced plans to feature multi-chain support, including the Flare Network and NEAR Protocol. PNG governs the Pangolin DAO and can be staked to receive a portion of trading fees generated by the DEX.
What Is a Pangolin Token (PNG)?
Pangolin is a community-driven decentralized exchange (DEX) built on the Avalanche blockchain. The exchange is developed for Ethereum and Avalanche tokens and aims to provide fast settlement, low transaction fees, and a democratic distribution. The platform presents trading opportunities to users so that they can find and increase their yield.
According to the whitepaper, the team of Pangolin discovered the limitations of network infrastructure with the skyrocketing usage of decentralized finance (DeFi) applications. This resulted in network congestion and systemic risks. Consequently, the team realized that such applications need ownership from the community and should be highly democratic. Thus, the Pangolin platform is a response to these issues that aims to offer its users a centralized exchange-like swiftness without compromising access to their current range of assets and without giving authority to huge insiders. Pangolin seeks to provide three vital benefits to its users: cheap and swift trades, open and fair distribution of tokens, and community-driven growth. Pangolin aims to provide adequate performance along with governance control that can benefit the token holders.
As Pangolin is created on Avalanche, users can swap their assets at a low transaction fee. Also, the platform aims to offer fast trade to traders. The platform seeks to feature a token distribution model which is 100% community focused. This implies that all the tokens are dispersed directly to the entire community without allocating them to the traders, team, insiders, or advisers.
The native token of Pangolin is PNG, which is a governance token. The token holders are eligible to vote for the liquidity pool as well as the conversion fee. PNG token aims to enable the community to entirely drive the product's growth. The token seeks to serve as an incentive for traders who secure and earn fees via payment activities of the platform.
History of Pangolin Token (PNG)
The Pangolin project follows a fair launch model with its PNG tokens, where all the tokens are distributed to the community through mining operations or airdrop. Justin Trollip is the CEO at Pangolin Exchange. The maximum total supply of PNG tokens is 538 million.
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Pangolin Calculator
How much is 1 PNG?
Conversion Table
PNG/CAD (Canadian Dollar)
CA$0.0240
PNG/GBP (British Pound)
£0.0147
PNG/BRL (Real)
R$0.0899
PNG/EUR (Euro)
€0.0170
PNG/NGN (Nigerian Naira)
NGN 13.87
PNG/SGD (Singapore Dollar)
S$0.0245
Reading List
News
Decrypt • Sep 27, 23
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
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Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
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CoinDesk • Sep 27, 23
The Protocol: Google Pushes Deeper into Blockchain
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.
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CoinDesk • Sep 27, 23
With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.
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FAQ
What is the current price of Pangolin?
We update our Pangolin to USD currency in real-time. Get the live price of Pangolin on Coinbase.
What is the market cap of Pangolin?
The current market cap of Pangolin is $3.32M. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Pangolin?
The all-time high of Pangolin is $4.99. This all-time high is highest price paid for Pangolin since it was launched.
What is the 24 hour trading volume of Pangolin?
Over the last 24 hours, the trading volume of Pangolin is $38.35K.
What other assets are similar to Pangolin?
Assets that have a similar market cap to Pangolin include MagicCraft, Inflation Hedging Coin, GNY, and many others. To see a full list, see our comparable market cap assets.
How many Pangolin are there?
The current circulating supply of Pangolin is 187 million.
What is the typical holding time of Pangolin?
The median time that Coinbase customers hold Pangolin before selling it or sending it to another account or address is 8 days.
What is the relative popularity of Pangolin?
Pangolin ranks 229 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Can I buy Pangolin on Coinbase?
Yes, Pangolin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Pangolin guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.