Parallel (PAR) Price

Parallel Price PAR

Set Parallel (PAR) Price
0.971157 EUR
-0.0170356735 EUR
9.83%
week

Parallel Market data

General information

Launch date
Category
Polygon Ecosystem,
Ethereum Ecosystem,
Decentralized Finance (DeFi),
Fantom Ecosystem,
EUR Stablecoin,
Stablecoins
Show more
Official website
https://app.mimo.capital/

Price performance

24h Low
0.958254 EUR
24h High
0.998662 EUR
All time high
29/05/2023
5.2300 EUR
-81.43%
All time low
09/11/2023
0.676113 EUR
43.64%

Market data

Market rank
1978
Market cap
2176185.00 EUR
Market dominance
0.00%
24h trading volume
1896.72 EUR

Circulating supply

Circulating supply
2240894.00 PAR
Total supply
2240894.00 PAR
Max supply
∞ PAR

Parallel Price Overview

The current Parallel price is 0.970000 EUR. The price has changed by -2.29% in the past 24 hours on trading volume of 1896.72 EUR. The market rank of Parallel is 1978 based on a market capitalization of 2176185.00 EUR. Parallel has a circulating supply of 2240894.00 PAR. The highest recorded Parallel price is 5.2300 EUR. And the lowest recorded PAR price is 0.680000 EUR.

How do Parallel price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

Analysing Parallel’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Parallel matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Parallel chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

You can consult an expert to tell you how to buy Parallel. However, it’s fast and easy to buy Parallel with the Kriptomat app. Parallel is available for immediate purchase at the current Parallel price quote of 0.970000 EUR <span class='coin-currency'>EUR</span>. Current prices are always displayed in the Parallel chart.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Parallel

Many factors affect the value of Parallel.

The Parallel exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Parallel and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Parallel in the news, monitor PAR on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Parallel? Or will they close a technology gap, rendering Parallel less valuable as an investment?

Live Parallel value and market cap

The live Parallel exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Parallel is equal to the value of Parallel multiplied by the number of Parallel in circulation.

Where to buy Parallel

So you’re ready to jump into the world of cryptocurrency and you want to know where to buy Parallel (PAR)? Parallel is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.

What payment methods can I use to buy Parallel

We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google pay, Skrill, or Neteller to buy Parallel (PAR).

What can you do with your Parallel?

Buy Parallel with euros

Access Parallel tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Parallel

Swap some or all of your Parallel for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Parallel

Use the Parallel you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Parallel for euros

Simplify your life with the Web3 wallet that lets you sell your Parallel for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Parallel

With Parallel, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Parallel at competitive interest rates.

Hold your Parallel

Your Parallel tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

Parallel Price FAQ

What factors influence the price of Parallel?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Parallel tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Parallel in EUR?

Parallel price history shows that Parallel has recorded a peak value of 5.2300.

What is the lowest price of Parallel in EUR?

Kriptomat data confirms that 0.680000 EUR is the lowest recorded Parallel value.

What is the current price of Parallel in EUR?

Parallel is available for immediate purchase at Kriptomat. The current price is 0.970000 EUR.

How can I buy Parallel?

You can consult an expert to tell you how to buy Parallel. However, it's fast and easy to buy Parallel with the Kriptomat app. Parallel is available for immediate purchase at the current Parallel price quote of 0.970000 EUR. Current prices are always displayed in the Parallel chart.

How much Parallel should I buy?

If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring Parallel as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.

Is there an order minimum?

You can buy Parallel for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.

Can I withdraw my Parallel?

Sure. You can transfer your PAR to any blockchain address or swap it for a cryptocurrency that is readily swapped for euros at Kriptomat.

Can I purchase Parallel using someone else’s bank account?

No. You must be the account holder in order to initiate a SEPA bank transfer and purchase PAR on Kriptomat.

Is Parallel easy to sell?

Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your PAR whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of Kriptomat or its employees. Any investment is risky, and past returns are not a guarantee of future returns. Risk only assets that you can afford to lose. By using our services, you confirm that you are aware of the risks associated with using our services and that you fully understand and accept our non-liability for the risks related to virtual assets and your investment. More information is also available in our Risks of trading virtual assets and Terms of Use, and special warning notifications you receive while using our services.

Buy PAR with our Web3 wallet

Trade PAR securely and privately on our mobile application with built in web3 wallet.

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