|1 The Parallel = 0.02642 GBP||1 000 GBP = 37,850.19558 PRL|
|100 The Parallel = 2.64199 GBP||100 000 GBP = 3,785,019.56 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.
How to navigate the chart?
You can see a currency symbol in the top left corner (currently PRL/USD), on its right side, there are intervals 1 m, 30 m, 1 h representing the length of one candle which is freely adjustable by clicking on the triple dot (on the right of the time intervals).
Market value and the current The Parallel price
|Current price||0.0264 GBP / 0.0333 USD / 0.0311 EUR|
|Total market value||842,631 GBP / 1,063,096 USD / 990,540 EUR|
|Price change in the last 24h||0.14%|
|Price change in the last 7 days||-11.03%|
|Updated||May 27, 2022, 11.30 pm|
In the last 24h, the price of the cryptocurrency The Parallel has increased by 0.14%. Even though the currency price has been increasing in the last 24h, the value of the cryptocurrency The Parallel has decreased by 11.03% within the last 7 days. Therefore, it cannot be said there is a long-term increasing trend. The total market value of the cryptocurrency The Parallel as of Jan 12, 2022, is 1,063,096 USD (roughly 842,631 GBP), which makes it the 2036th most valuable cryptocurrency in the world.
|Date||PRL/USD||Price in GBP||Change in 24h|
|May 26, 2022||0.0334 USD|
|May 25, 2022||0.0336 USD|
|May 24, 2022||0.0338 USD|
|May 23, 2022||0.0342 USD|
|May 22, 2022||0.0344 USD|
|May 21, 2022||0.0421 USD|
|May 20, 2022||0.0418 USD|
|May 19, 2022||0.0367 USD|
|May 18, 2022||0.0332 USD|
|May 17, 2022||0.0338 USD|
|May 16, 2022||0.0340 USD|
|May 15, 2022||0.0349 USD|
|May 14, 2022||0.0361 USD|
|May 13, 2022||0.0365 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.