|1 The Parallel = 0.00397 GBP||1 000 GBP = 251,937.75242 PRL|
|100 The Parallel = 0.39692 GBP||100 000 GBP = 25,193,775.24 PRL|
|Currently in circulation: 31,921,841 PRL||The maximum amount of PRL in circulation: 1,000,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current The Parallel price
|Current price||0.0040 GBP / 0.0049 USD / 0.0045 EUR|
|Total market value||126,683 GBP / 156,917 USD / 142,490 EUR|
|Price change in the last 24h||0.15%|
|Price change in the last 7 days||0.35%|
|Updated||Feb 02, 2023, 12.15 pm|
In the last 24h, the price of the cryptocurrency The Parallel has increased by 0.15%. Overall, it can be said that there is an increasing trend because the value of The Parallel has increased by 0.35% in the last 7 days. The total market value of the cryptocurrency The Parallel as of Jan 12, 2022, is 156,917 USD (roughly 126,683 GBP), which makes it the 3250th most valuable cryptocurrency in the world.
|Date||PRL/USD||Price in GBP||Change in 24h|
|Feb 01, 2023||0.0046 USD|
|Jan 31, 2023||0.0046 USD|
|Jan 30, 2023||0.0048 USD|
|Jan 29, 2023||0.0052 USD|
|Jan 28, 2023||0.0054 USD|
|Jan 27, 2023||0.0051 USD|
|Jan 26, 2023||0.0049 USD|
|Jan 25, 2023||0.0052 USD|
|Jan 24, 2023||0.0049 USD|
|Jan 23, 2023||0.0050 USD|
|Jan 22, 2023||0.0052 USD|
|Jan 21, 2023||0.0055 USD|
|Jan 20, 2023||0.0051 USD|
|Jan 19, 2023||0.0050 USD|
Frequently asked questions
1️⃣ What will be the price of The Parallel in a day/week/month?
Predicting the PRL price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is The Parallel worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not PRL is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.