Total issuance of PARSIQ (PRQ) coins

PARSIQ, a cryptocurrency event monitoring platform, has a fixed total issuance of 500,000,000 PRQ tokens, with approximately 330,000,000 currently in circulation.

Dec 26, 2024 at 11:54 am

Key Points

• PARSIQ (PRQ) is a platform for event monitoring and transaction parsing in the cryptocurrency space.
• The total issuance of PRQ tokens is 500,000,000, with a current circulating supply of around 330,000,000.
• PRQ tokens are used to pay for services on the PARSIQ platform, including data retrieval, event monitoring, and transaction parsing.
• The price of PRQ has fluctuated significantly since its initial launch in 2019, reaching a high of over $5 in early 2021 and a low of under $0.10 in mid-2022.
• PARSIQ has a number of partnerships with other cryptocurrency projects and companies, including Binance, Polygon, and Chainlink.

Total Issuance of PARSIQ (PRQ) Coins

The total issuance of PRQ coins is 500,000,000. This number was set at the time of the project's launch in 2019 and has not been changed since then. The total issuance is fixed and cannot be increased.

The total issuance of a cryptocurrency is an important factor to consider when evaluating the project. A lower total issuance can make a cryptocurrency more valuable, as it means that there is a limited supply of tokens available. However, a higher total issuance can also be beneficial, as it can make the cryptocurrency more accessible to a wider range of users. The total issuance of PRQ is relatively high, which could make it less valuable in the long run.

Circulating Supply of PRQ

The circulating supply of PRQ coins is currently around 330,000,000. This number represents the number of PRQ tokens that are currently in circulation and available to be traded. The circulating supply is constantly changing, as new PRQ tokens are created and old tokens are lost or burned.

The circulating supply of a cryptocurrency is an important factor to consider when evaluating the project. A lower circulating supply can make a cryptocurrency more valuable, as it means that there are fewer tokens available on the market. However, a higher circulating supply can also be beneficial, as it can make the cryptocurrency more liquid and easier to trade. The circulating supply of PRQ is relatively high, but it is still less than the total issuance of 500,000,000. This means that there is still a significant number of PRQ tokens that have not yet been released into circulation.

FAQs

• What is the purpose of PRQ tokens?
  PRQ tokens are used to pay for services on the PARSIQ platform, including data retrieval, event monitoring, and transaction parsing.
• How can I buy PRQ tokens?
  PRQ tokens can be purchased on a number of cryptocurrency exchanges, including Binance, Coinbase, and Kraken.
• What is the future of PRQ?
  The future of PRQ depends on a number of factors, including the success of the PARSIQ platform, the adoption of blockchain technology, and the overall cryptocurrency market. However, PARSIQ has a strong team and a number of partnerships with other cryptocurrency projects, which could help it to succeed in the long run.