Parachute (PAR) Coin Review

PAR PRICE PERFORMANCE

PAR is currently down by 50% from its all-time high. The cryptocurrency achieved its all-time trading price high of $0.013 on August 12, 2020. However, it is currently down by 50% and is trading at $0.005 per coin.

ABOUT Parachute

Parachute is a new cryptocurrency project launched in July to allow people to gain better access and integration with their cryptos. The development team at Parachute intends to assemble the best DeFi tools in the world inside a single app to make it easy for people to use. The PAR token is used throughout Parachute products to interact with DeFi applications.

PAR DEVELOPMENTS

The PAR development team has been busy over the past few months. After listing on Uniswap and partnering with a few cryptocurrency projects, the team is now focusing on the future. According to their roadmap, the team is working on a user web portal for history, second layer security, and multi-platform integration. PAR Uniswap liquidity staking is supposed to go live for initial swap integration before the end of the year, as well as ParJar open adding for groups. The PAR team will begin 2021 with smart contract development on the network.

EXCHANGES PAR IS LISTED ON

At the moment, PAR is mostly listed on decentralized cryptocurrency exchanges. You can find the coin on exchanges such as Uniswap, Hotbit, Mercatox, Txbit, and IDEX.

INVESTORS

Currently, there are no prominent retail or institutional investors who hold this cryptocurrency. It is a new cryptocurrency that has not gained popularity in the market yet.

TRADING VERDICT

The PAR cryptocurrency holds promise and it is cheap at the moment. Despite losing 50% of its value since its all-time high, the cryptocurrency team is very active, and it is rolling out features that would make it easier for people to use other cryptocurrencies with ease.

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