Market Cap: $2.742T 1.750%
Volume(24h): $74.5336B -13.470%
Fear & Greed Index:

18 - Extreme Fear

  • Market Cap: $2.742T 1.750%
  • Volume(24h): $74.5336B -13.470%
  • Fear & Greed Index:
  • Market Cap: $2.742T 1.750%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How much can the PARSIQ (PRQ) currency reach?

PARSIQ (PRQ) is a blockchain monitoring platform that empowers developers with automated workflows, leveraging its native token for fee payments, staking rewards, and network governance, with its price influenced by platform adoption, ecosystem growth, technical advancements, and market conditions.

Dec 28, 2024 at 12:22 pm

Key Points:

  • PARSIQ (PRQ) is a blockchain monitoring and automation platform that aims to simplify the data infrastructure for Web3.
  • The platform monitors and parses blockchain data across multiple chains, enabling developers to build automated workflows and trigger actions based on specific events.
  • The platform's native token, PRQ, powers the ecosystem, facilitating fee payments, staking rewards, and network governance.

Factors Influencing PARSIQ (PRQ) Price Potential:

1. Platform Adoption and Ecosystem Growth:

  • PARSIQ's platform adoption and the growth of its ecosystem will significantly impact PRQ's value.
  • As more developers adopt the platform to build dApps and automate workflows, the demand for PRQ will increase, potentially driving its price upward.

2. Technical Developments and Partnerships:

  • PARSIQ's ongoing technical developments, such as the launch of new features and integrations with other blockchain networks, will enhance its utility and appeal to developers.
  • Strategic partnerships with leading blockchain projects and companies will further expand PARSIQ's ecosystem and bolster PRQ's value.

3. Market Conditions and Crypto Sentiment:

  • The broader crypto market conditions, including overall market sentiment, Bitcoin's price trend, and regulatory factors, will influence the demand and price of PRQ.

4. Tokenomics and Supply-Demand Dynamics:

  • PRQ's tokenomics, such as the total and circulating supply, will impact its price.
  • Increases in supply, such as the release of more PRQ tokens, could lead to price fluctuations if the demand does not keep pace.

5. Competition and Industry Landscape:

  • PARSIQ faces competition from other blockchain monitoring and automation platforms.
  • The competitive landscape and the emergence of alternative solutions will affect PARSIQ's market share and the demand for PRQ.

6. Use Case Expansion and Innovation:

  • Expanding PARSIQ's use cases beyond blockchain monitoring and automation, such as in IoT and supply chain management, can unlock new growth potential for the platform and its token.
  • Innovative applications and integrations will enhance the platform's value proposition and drive demand for PRQ.

FAQs:

Q: What is the highest price PRQ has reached historically?

A: PRQ's all-time high price was approximately $3.78, achieved in April 2021.

Q: What is the current price of PRQ?

A: As of [insert current date], the current price of PRQ is [insert current price].

Q: How can I buy PRQ tokens?

A: PRQ tokens can be purchased on various cryptocurrency exchanges, such as Binance, KuCoin, and Uniswap.

Q: Is PARSIQ a good investment?

A: The decision of whether PARSIQ is a good investment depends on factors such as your risk tolerance, investment horizon, and the potential adoption and growth of the platform.

Q: What factors should I consider before investing in PRQ?

A: Before investing in PRQ, it's important to consider the factors listed above, such as platform adoption, technical developments, market conditions, tokenomics, competition, and use case expansion.

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

Which cryptocurrency websites are good for beginners?

Which cryptocurrency websites are good for beginners?

Mar 14,2025 at 04:48pm

CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...

How much will Bitcoin be worth in 2025

How much will Bitcoin be worth in 2025

Mar 14,2025 at 04:23pm

Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...

How to issue an ERC-20 token?

How to issue an ERC-20 token?

Mar 15,2025 at 04:20pm

Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...

What are the core functions of the smart contract of ERC-20 tokens?

What are the core functions of the smart contract of ERC-20 tokens?

Mar 15,2025 at 11:10am

Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...

What are the main functions of ERC-20 tokens?

What are the main functions of ERC-20 tokens?

Mar 13,2025 at 12:21am

Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...

How are ERC-20 tokens created on the Ethereum blockchain?

How are ERC-20 tokens created on the Ethereum blockchain?

Mar 13,2025 at 01:30pm

Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...

Which cryptocurrency websites are good for beginners?

Which cryptocurrency websites are good for beginners?

Mar 14,2025 at 04:48pm

CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...

How much will Bitcoin be worth in 2025

How much will Bitcoin be worth in 2025

Mar 14,2025 at 04:23pm

Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...

How to issue an ERC-20 token?

How to issue an ERC-20 token?

Mar 15,2025 at 04:20pm

Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...

What are the core functions of the smart contract of ERC-20 tokens?

What are the core functions of the smart contract of ERC-20 tokens?

Mar 15,2025 at 11:10am

Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...

What are the main functions of ERC-20 tokens?

What are the main functions of ERC-20 tokens?

Mar 13,2025 at 12:21am

Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...

How are ERC-20 tokens created on the Ethereum blockchain?

How are ERC-20 tokens created on the Ethereum blockchain?

Mar 13,2025 at 01:30pm

Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...

See all articles

User not found or password invalid

Your input is correct