The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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The Parallel is not supported by Coinbase.
Market cap
-
Volume (24h)
$19.40
Circulating supply
-
All time high
$0.73
Price change (1h)
+0.01%
Price change (24h)
-0.06%
Price change (7d)
-2.21%
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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.
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.
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.
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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Conversion Table
PRL/CAD (Canadian Dollar)
CA$0.0015
PRL/GBP (British Pound)
£0.000922
PRL/INR (Indian Rupee)
₹0.0934
PRL/BRL (Real)
R$0.0057
PRL/EUR (Euro)
€0.0011
PRL/NGN (Nigerian Naira)
NGN 0.87
PRL/SGD (Singapore Dollar)
S$0.0015
The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
Read more
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
Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on
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CoinDesk • Sep 27, 23
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
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We update our The Parallel to USD currency in real-time. Get the live price of The Parallel on Coinbase.
The current market cap of The Parallel is $0.00. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of The Parallel is $19.40.
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.
The current circulating supply of The Parallel is 0.
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.
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.