Market Cap: $3.3621T -6.170%
Volume(24h): $168.5513B 31.030%
Fear & Greed Index:

66 - Greed

Select Language

Select Language

Select Currency

What is the highest and lowest price in history of PARSIQ (PRQ) currency?

PRQ's contrasting price extremes of $4.10 (September 15, 2021) and $0.032 (November 15, 2022) highlight the dynamic and fluctuating nature of cryptocurrency markets.

Dec 27, 2024 at 05:55 pm

Key Points:

  • Understanding the concept of highest and lowest price points in cryptocurrency markets
  • Analysis of parabolic rises and subsequent corrections in PRQ's price history
  • Factors influencing price movements, including market sentiment, tokenomics, and industry developments

Highest Price in History of PARSIQ (PRQ)

PRQ achieved its all-time high of $4.10 on September 15, 2021, amidst a period of exceptional market enthusiasm and widespread optimism within the cryptocurrency ecosystem. Several factors contributed to this parabolic surge:

  • Increasing adoption of blockchain analytics: PARSIQ's innovative protocol gained traction as a versatile tool for monitoring and analyzing on-chain activity, catering to a growing demand in the DeFi and NFT sectors.
  • Strong community support: PARSIQ boasts a dedicated community of enthusiasts and evangelists who actively promoted the project and its potential benefits, nurturing a loyal following.
  • Favorable market conditions: The broader cryptocurrency market was experiencing a bull run in 2021, characterized by elevated investor confidence and substantial inflows of capital. This positive sentiment spilled over into the PRQ market, propelling it to new highs.

Lowest Price in History of PARSIQ (PRQ)

In contrast to its all-time high, PRQ also endured periods of significant price corrections and downturns. The lowest price point in PRQ's history occurred on November 15, 2022, when it traded at a mere $0.032. This extreme drop can be attributed to several factors:

  • Market downturn: The cryptocurrency market entered a prolonged bear market in 2022, characterized by dwindling investor confidence and reduced market activity. This broader decline negatively impacted the price of PRQ, along with other cryptocurrencies.
  • Profit-taking: Having reached its all-time high in September 2021, many early investors and speculators opted to sell their PRQ holdings to secure profits amidst the market downturn. This selling pressure contributed to the price decline.
  • Delays in product launches: PARSIQ faced some delays in releasing anticipated product updates and enhancements, which may have dampened investor sentiment and contributed to the price drop.

FAQs

  • What factors influence the price of PRQ?

    • Market sentiment and overall cryptocurrency market trends
    • Tokenomics and supply-demand dynamics of PRQ
    • Industry developments and adoption of blockchain analytics
    • Team execution and product development progress
  • Is it a good time to buy or sell PRQ?

    • This is a subjective decision based on individual investment strategies and risk tolerance. It is crucial to conduct thorough research, consider market conditions, and consult with financial advisors before making any investment decisions.
  • What are the future prospects for PRQ?

    • The future of PRQ depends on its ability to deliver on its product roadmap, adapt to market changes, and capture a significant share of the blockchain analytics market. Strong team execution, strategic partnerships, and a growing adoption base could contribute to price appreciation in the future.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

What are the factors that are positive for GamerCoin (GHX)?

What are the factors that are positive for GamerCoin (GHX)?

Jan 07,2025 at 11:43pm

Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...

Introduction to several methods to obtain GamerCoin (GHX) coins

Introduction to several methods to obtain GamerCoin (GHX) coins

Jan 06,2025 at 09:52pm

Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...

What are the regulatory risks associated with GEODNET (GEOD) Coin?

What are the regulatory risks associated with GEODNET (GEOD) Coin?

Jan 08,2025 at 09:02am

Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...

What security measures are in place to protect Tectum (TET) coin holders?

What security measures are in place to protect Tectum (TET) coin holders?

Jan 08,2025 at 09:05am

Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...

A comprehensive introduction to the concept, value and practical application of GEODNET (GEOD) currency

A comprehensive introduction to the concept, value and practical application of GEODNET (GEOD) currency

Jan 07,2025 at 08:58pm

Key Points:GEODNET (GEOD) is a revolutionary cryptocurrency that leverages blockchain technology for secure and decentralized transactions.It is a native token of the GEODNET ecosystem, empowering users with a range of practical applications.GEOD's value stems from its unique features and its role in facilitating various decentralized services.GEODNET: ...

What can the Alchemix (ALCX) coin be used for?

What can the Alchemix (ALCX) coin be used for?

Jan 07,2025 at 10:22pm

Key Points:Alchemix (ALCX) coin allows users to generate synthetic tokens backed by real crypto assets.ALCX can be used as collateral to mint alUSD, a decentralized stablecoin with dynamic interest rates.ALCX holders can participate in DAO governance and earn rewards through staking.What is Alchemix (ALCX)?Alchemix is a decentralized finance (DeFi) prot...

What are the factors that are positive for GamerCoin (GHX)?

What are the factors that are positive for GamerCoin (GHX)?

Jan 07,2025 at 11:43pm

Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...

Introduction to several methods to obtain GamerCoin (GHX) coins

Introduction to several methods to obtain GamerCoin (GHX) coins

Jan 06,2025 at 09:52pm

Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...

What are the regulatory risks associated with GEODNET (GEOD) Coin?

What are the regulatory risks associated with GEODNET (GEOD) Coin?

Jan 08,2025 at 09:02am

Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...

What security measures are in place to protect Tectum (TET) coin holders?

What security measures are in place to protect Tectum (TET) coin holders?

Jan 08,2025 at 09:05am

Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...

A comprehensive introduction to the concept, value and practical application of GEODNET (GEOD) currency

A comprehensive introduction to the concept, value and practical application of GEODNET (GEOD) currency

Jan 07,2025 at 08:58pm

Key Points:GEODNET (GEOD) is a revolutionary cryptocurrency that leverages blockchain technology for secure and decentralized transactions.It is a native token of the GEODNET ecosystem, empowering users with a range of practical applications.GEOD's value stems from its unique features and its role in facilitating various decentralized services.GEODNET: ...

What can the Alchemix (ALCX) coin be used for?

What can the Alchemix (ALCX) coin be used for?

Jan 07,2025 at 10:22pm

Key Points:Alchemix (ALCX) coin allows users to generate synthetic tokens backed by real crypto assets.ALCX can be used as collateral to mint alUSD, a decentralized stablecoin with dynamic interest rates.ALCX holders can participate in DAO governance and earn rewards through staking.What is Alchemix (ALCX)?Alchemix is a decentralized finance (DeFi) prot...

See all articles

User not found or password invalid

Your input is correct