PARQ price is $0.00011344
As of the latest available data, PARQ's price has increased to $ 0.00011344. It's important to note that cryptocurrency prices can be highly volatile and the price of PARQ can change rapidly within a short time frame.
PARQ is a cryptocurrency that may be associated with innovative projects or platforms. As with any specific cryptocurrency in the market, it aims to provide a unique solution or utility in the digital economy or be used within a particular ecosystem.
Typically, cryptocurrencies are developed by an individual, a group of experts, or a company that identifies a gap in the market or a new use case facilitated by blockchain technology. For PARQ, the team or creator behind it would be the driving force. These individuals’ expertise in blockchain and business could be what gives PARQ its distinctive features or potential use cases. The information regarding the founders or developers can usually be found on the official PARQ website or in their whitepaper.
At its core, like most cryptocurrencies, PARQ would operate on a blockchain structure or a similar type of distributed ledger technology. It could work as a token for transactions within its specific ecosystem, facilitating peer-to-peer transactions, or enabling smart contracts if that's part of its design. The specifics of how PARQ works would be outlined in its documentation and on its official channels.
Cryptocurrencies utilize various blockchain technologies to enable their unique features. In the case of PARQ, the technology could include consensus mechanisms, whether Proof of Work, Proof of Stake, or others that allow network participants to validate transactions. It could also include specific cryptographic methods for ensuring security and privacy. PARQ may have a dedicated blockchain or be built upon an existing blockchain as a token.
Cryptocurrencies typically have a maximum supply that is defined from the start. In the case of PARQ, 9.0M is the figure that has been programmed into its protocol, dictating how many PARQ tokens will ever be in existence.
The main features of PARQ would be outlined in its whitepaper and other official documentation. These could include innovative transaction mechanisms, smart contract capabilities, rewards systems, or integration with other applications. The features are designed to fulfill its intended use cases within the ecosystem it's developed for.
You can purchase PARQ on various that support this cryptocurrency. To initiate a transaction, one would typically need to create an account on the exchange, complete any required know-your-customer (KYC) processes, and then trade a standard currency or another cryptocurrency for PARQ.
PARQ's current circulating supply is . This figure represents the number of tokens that are readily available for trading and use within the market. It's essential for potential participants to understand the concepts of total supply versus circulating supply when considering cryptocurrency transactions.
The market capitalization of PARQ is calculated by multiplying the current price of a single PARQ token by the cryptocurrency’s circulating supply. As per the latest data, PARQ has a market cap of $ and it holds the rank #1 among all cryptocurrencies in terms of market capitalization.
The increase in the supply of PARQ tokens is subject to the rules defined by its protocol. If the maximum supply is capped, then no additional tokens beyond 9.0M can be created. However, if the protocol allows for it under certain conditions, then the supply might increase within those parameters.
PARQ's trading volume over the last 24 hours is recorded at . This indicates the amount in terms of dollar value that has been traded within that timeframe, facilitating insights into the activity and liquidity associated with PARQ.
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