Pandacoin Price Today
The price of Pandacoin (PND) is $0.000170067119 today with a 24-hour trading volume of $14.54. This represents a - price increase in the last 24 hours and a - price increase in the past 7 days. With a circulating supply of 35 Billion PND, Pandacoin is valued at a market cap of $5,974,377.
What is Pandacoin?
Pandacoin (PND) originally launched back in 2014 as a Proof-of-Work fork of Dogecoin that transitioned to Proof-of-Stake three months later. As of May 17, 2021, Pandacoin performed a network upgrade that turned the project into a Proof-of-Work, Proof-of-Stake hybrid blockchain. Pandacoin is an independent blockchain with a focus on digital currency and Smart Contracts. To deal with the inflationary nature of both Proof-of-Work and Proof-of-Stake, transactions on Pandacoin feature a 100% burn rate, serving as a counter to inflation.
Pandacoin launched with no premine, and no ICO. Remaining true to the core values of cryptocurrency as a decentralised alternative to traditional finance.
How do I mine Pandacoin?
For Proof-of-Work, Pandacoin uses the SHA256 mining algorithm just like Bitcoin. These days, this is done with intensive hardware called an ASIC.
The Pandacoin blockchain also functions under Proof-of-Stake. Users may purchase stake in the Pandacoin network and hold it in their wallet to receive a reward for their contribution towards the decentralisation of the network.
Being a hybrid blockchain, Proof-of-Work and Proof-of-Stake serve as the foundations to a decentralised and secure network, focusing on two unique layers of security.
As of May 17, 2021, the Pandacoin network will be pursuing a new direction, taking advantage of modern features and demands within the cryptocurrency industry such as SegWit & Lightning Network support, as well as Smart Contracts. This is not to forget many additional fixes and improvements to the Pandacoin network that contribute to quality of use and interaction when building with Pandacoin.
How do I keep my Pandacoin safe?
Users are encouraged to download the Pandacoin wallet in order to achieve the utmost security over their funds. Much like Bitcoin, users are fully in control of their private keys and are advised to obtain regular backups.
Where can you buy Pandacoin?
PND tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Pandacoin is Altmarkets, where the most active trading pair PND/USDT has a trading volume of $14.54 in the last 24 hours.
What is the daily trading volume of Pandacoin (PND)?
The trading volume of Pandacoin (PND) is $14.54 in the last 24 hours, representing a -14.80% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Pandacoin (PND)?
The highest price paid for Pandacoin (PND) is $2.91, which was recorded on Aug 29, 2018 (over 5 years). Comparatively, the current price is - lower than the all-time high price.
What is the all-time low for Pandacoin (PND)?
The lowest price paid for Pandacoin (PND) is $0.000000297023, which was recorded on May 13, 2015 (over 8 years). Comparatively, the current price is - higher than the all-time low price.
What is the market cap of Pandacoin (PND)?
Market capitalization of Pandacoin (PND) is $5,974,377 and is ranked #1305 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PND tokens (35 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Pandacoin (PND)?
The fully diluted valuation (FDV) of Pandacoin (PND) is $5,442,148. This is a statistical representation of the maximum market cap, assuming the maximum number of 32 Billion PND tokens are in circulation today. Depending on how the emission schedule of PND tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Pandacoin compare against its peers?
With a price increase of 0.00% in the last 7 days, Pandacoin (PND) is underperforming the global cryptocurrency market which is up 0.50%.
What is the market sentiment of Pandacoin today?
The community is bullish as more than 100% of users are feeling good about Pandacoin (PND) today.