The decentralized real estate trading platform built on smart contract platform Solana (SOL) has seen its price rise and fall since receiving support from Coinbase.
Two days ago, America’s leading cryptocurrency exchange platform They said it was added. Own any property.
Synthetic assets are tokenized blockchain-based representations of real-world assets, such as securities and real estate, that can be easily exchanged.
Additional news caused the token price to fall from a high of $0.586 on December 17 to a low of $0.408 just two days later. PARCL is trading at $0.418 at the time of writing, down 9% in the last 24 hours.
On December 15, Coinbase added PARCL to its listing roadmap, signaling that it would soon add support. The cryptocurrency exchange’s announcement at the time sparked a 50% rally in the altcoin, which was trading at just $0.33 on December 10.
PARCL aims to provide traders with global city indices, including major cities such as New York, Miami Beach, San Francisco, Austin, Los Angeles, Chicago and Dubai, and allows them to acquire tokens representing shares of specific indices.
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