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The Parallel is on the decline this week.

The price of The Parallel has fallen by 2.21% in the past 7 days. The price declined by 0.06% in the last 24 hours. In just the past hour, the price grew by 0.01%. The current price is $0.0011 per PRL. The Parallel is 99.85% below the all time high of $0.73.

The current circulating supply is 0 PRL.


What Is The Parallel (PRL)?

The Parallel (PRL) is a GameFi project built on the Binance Smart Chain (BSC). GameFi is a combination of traditional gaming and blockchain technology. Parallel emphasizes building a network hub where individuals interact with a like-minded community and envision becoming a dynamic gaming launchpad. With an evolving GameFi metaverse, Parallel aims to bring the world together to craft and launch diverse social, entertainment, gaming, and economic systems. Metaverse is a (VR) virtual reality world where users play games, experience things, interact and experience activities similar to the real world.

As per its Whitepaper, one of the essential requirements for the game is to possess a character that becomes a medium for gamers to acquire monetary benefits. Parallel plans to resolve this issue by offering Paragons. Paragon is an NFT that gamers receive from the market or craft with the Paragon creation tool. The Paragons are in two categories- active and inactive. With Paragon, gamers secure unique copyright for their NFT design and add it to the marketplace to generate cash flow through a rental fee. 

Apart from NFTs, Parallel offers several other features in their metaverse. They are:

  • Runes, Rune Boxes and Rune Fusion- Runes are the NFT building blocks of The Parallel Metaverse – loaded with value and utility.

  • NFT Copyright with Hydra system- Hydra system allows creators to become entrepreneurs by copywriting their NFT blueprints.

Other than these features, Parallel also allows users to entertain themselves with rejuvenating opportunities like clubs, fashion shows and musical events. 

PRL is the native token of Parallel. PRL token is built on the BSC(Binance Smart Chain).The token plays a vital role in generating earning from The Parallel game. The token is also used:

  • For staking to achieve in-game rewards.

  • For farming.

  • For payment fee, payment unit on the marketplace.

  • For rewards for participating in special events.

  • For minting NFTs Paragon.

  • For providing liquidity on exchanges 

There’s an in-game token called PowerStone (PS). The primary use of PS is to craft or uncraft NFTs for the users. 

History of The Parallel(PRL)

Louis Nguyen is the CEO and tech-lead of The Parallel with experience in Fintech, Crypto, and Blockchain technology. Tony Bennet and Peter Hamachan are the founding members of the platform. The team consists of over sixty individuals dedicated to evolving the business and development sectors. The total supply of PRL is 1,000,000,000 PRL.

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What is the current price of The Parallel?

We update our The Parallel to USD currency in real-time. Get the live price of The Parallel on Coinbase.

What is the market cap of The Parallel?

The current market cap of The Parallel is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of The Parallel?

The all-time high of The Parallel is $0.73. This all-time high is highest price paid for The Parallel since it was launched.

What is the 24 hour trading volume of The Parallel?

Over the last 24 hours, the trading volume of The Parallel is $19.40.

What other assets are similar to The Parallel?

Assets that have a similar market cap to The Parallel include Newsly, cheqd, Dreamverse, and many others. To see a full list, see our comparable market cap assets.

How many The Parallel are there?

The current circulating supply of The Parallel is 0.

Can I buy The Parallel on Coinbase?

No, The Parallel is not currently available on Coinbase, but you can sign up to get the latest news on The Parallel and be notified when it gets added to our exchange.