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Home»Altcoins»The Token of the Solana-based Decentralized Real Estate Trading platform (SOL), which is listed on Coinbase, has seen a rise and fall.

The Token of the Solana-based Decentralized Real Estate Trading platform (SOL), which is listed on Coinbase, has seen a rise and fall.

Altcoins By Gavin20/12/2024
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Can Solana scale $180? What SOL's price indicators suggest
Can Solana scale $180? What SOL's price indicators suggest
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A decentralized real estate trading platform built on smart contract platform Solana (SOLAfter Coinbase began to support it, the price for ) rose and fell.

On the US social media platform X in the past two days, it was clear that the largest crypto-exchange platform is based in the United States. said It had been added to ParclPARCLIt is a decentralized (DEX), which allows its users to invest and trade in real estate without having any actual property.

The blockchain is used to tokenize real world assets like securities or real estate that are easily swappable.

The news of the new addition led to the token’s price to drop. It went from $0.586 at its peak on the 17th of December to $0.408 two days later. PARCL has a current price of $0.418. This is a drop of 9% over the last 24 hour.

On December 15th, Coinbase added PARCL was added to the listing roadmap at that time, signaling to users of its services that support would be coming soon. In December 2010, the announcement of the crypto-exchange sparked a 50% rise in price for the altcoin. It was only $0.33 at the time.

PARCL aims to provide traders with global city indexes – including major cities such as New York, Miami Beach, San Francisco, Austin, Los Angeles, Chicago, and Dubai – and allow them to acquire tokens that represent a stake in a specific index.

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Source: dailyhodl.com

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