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Pandora

Pandora pricePANDORA

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Pandora price calculator

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PANDORA
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1 PANDORA = 20,923.01 USD
Last updated 2024-02-23 21:23:38(UTC-0)

Pandora price live data summary

The live price of Pandora is $20,923.01 per (PANDORA / USD) today with a current market cap of $209.23M USD. The 24-hour trading volume is $44.98M USD. PANDORA to USD price is updated in real time. Pandora is +16.11% in the last 24 hours. It has a circulating supply of 10,000 .

What is the highest price of PANDORA?

PANDORA has an all-time high (ATH) of $32,854.52, recorded on 2024-02-09.

What is the lowest price of PANDORA?

PANDORA has an all-time low (ATL) of $4,018.12, recorded on 2024-02-05.

When is a good time to buy PANDORA? Should I buy or sell now?

When deciding whether to buy or sell PANDORA, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget PANDORA technical analysis can provide you with a reference for trading.
According to the PANDORA 4h technical analysis, the trading signal is Strong buy.
According to the PANDORA 1d technical analysis, the trading signal is Strong buy.
According to the PANDORA 1w technical analysis, the trading signal is Strong buy.

Pandora price performance in USD

24h7d30d90d1yAll-time
+16.11%+49.70%--------

Pandora price history in USD

TimeLowHigh
24h$16,460.52$24,367.69
7d$10,932.32$24,367.69
30d$4,018.12$32,854.52
90d$4,018.12$32,854.52
1y$4,018.12$32,854.52
All-time$4,018.12(2024-02-05, 19 days ago )$32,854.52(2024-02-09, 15 days ago )

Pandora market information

Market capCombinedShapeIcon
$209,230,084.9
+16.11%
Fully diluted market capCombinedShapeIcon
$209,230,084.9
+16.11%
Volume (24h)CombinedShapeIcon
$44,982,308.44
+151.93%
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
+100.00%
24h volume / market capCombinedShapeIcon
0.2149
Circulating supplyCombinedShapeIcon
10,000 PANDORA
Total supply / Max supplyCombinedShapeIcon
10,000 PANDORA
10,000 PANDORA
ICO price
$0.008000 ICO details
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Pandora ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

PANDORA Social Data

In the last 24 hours, the social media sentiment score for PANDORA was 3, and the social media sentiment towards PANDORA price trend was Bullish. The overall PANDORA social media score was 0, which ranks 39 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,240,010 times, with PANDORA being mentioned with a frequency ratio of 0.01%, ranking 154 among all cryptocurrencies.

In the last 24 hours, there were a total of 0 unique users discussing PANDORA, with a total of PANDORA mentions of 65. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 400%.

On Twitter, there were a total of 0 tweets mentioning PANDORA in the last 24 hours. Among them, 0% are bullish on PANDORA, 0% are bearish on PANDORA, and 100% are neutral on PANDORA.

On Reddit, there were 0 posts mentioning PANDORA in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning PANDORA. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
3
Social score(24h)
0(#39)
Social contributors(24h)
0
0%
Social mentions(24h)
65(#154)
+400%
Social dominance(24h)
0.01%
Twitter
Tweets(24h)
0
-100%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About Pandora(PANDORA)

What Is Pandora?

Pandora is an Ethereum token and NFT hybrid, built on the ERC-404 token standard. This new token standard, launched in February 2024 by Pandora, introduces a new era of digital asset ownership and liquidity. Unlike traditional tokens, Pandora utilizes the ERC-404 protocol to enable fractional ownership of non-fungible tokens (NFTs), a concept that blends the distinctiveness of NFTs with the divisibility and liquidity of fungible tokens. This approach allows multiple wallets to directly own a single NFT, facilitating a range of financial activities such as tokenization for loans or staking.

The ERC-404 standard, although not officially recognized by the Ethereum Foundation, has sparked considerable interest within the developer community due to its innovative approach to NFT liquidity and ownership. Pandora's adoption of ERC-404 has been particularly noteworthy, with the project's native token, PANDORA, experiencing a dramatic increase in value shortly after its launch. This surge in interest underscores the potential of ERC-404 to unlock new possibilities for NFT accessibility and liquidity, challenging traditional perceptions of digital asset ownership and trading.

Resources

Official Documents: https://pandoralabs.mintlify.app/introduction

Official Website: https://www.pandora.build/

How Does Pandora Work?

Pandora leverages the ERC-404 standard to facilitate the fractional ownership of NFTs, enabling a more flexible and liquid market for digital assets. This is achieved through a unique mechanism that allows for the minting and burning of tokens in response to changes in ownership or asset value. For instance, holding a specific number of Pandora tokens can automatically trigger the minting of a new NFT, while reducing the token count below a certain threshold results in the NFT being burned. This dynamic system not only enhances liquidity but also introduces a novel concept of rarity and value fluctuation within the NFT space. Each transaction involving Pandora's fungible tokens (FTs) can refresh the rarity of the associated NFTs, incentivizing active participation and trading within the ecosystem.

Furthermore, Pandora tokens can be traded on decentralized exchanges (DEXs), with the platform employing smart contracts to manage the complex relationship between FT transactions and NFT ownership. This integration into the DeFi ecosystem allows for seamless trading of Pandora tokens, while also addressing potential challenges such as market manipulation and liquidity provision. Despite the innovative potential of ERC-404 and Pandora, it's important to note that the standard is still experimental and has not undergone formal vetting through the Ethereum Improvement Proposal (EIP) process. This lack of official recognition raises questions about security, utility, and compatibility, which users and developers must consider when engaging with Pandora and other projects utilizing the ERC-404 standard.

What Is PANDORA Token?

PANDORA is the native token of the Pandora project. The token's mechanics are designed to bridge the gap between fungible and non-fungible assets, allowing for the fractional ownership of NFTs through a system of minting and burning. This mechanism not only facilitates a new level of engagement and liquidity in the NFT market but also introduces a dynamic system of rarity and value for digital assets. PANDORA has a total supply of 10,000 tokens.

What Determines Pandora’s Price?

The price of Pandora token (PANDORA), like other cryptocurrencies, is influenced by a complex interplay of factors including market demand, investor sentiment, the overall liquidity of the token, and its utility within the Pandora ecosystem. As investors and enthusiasts explore price predictions for PANDORA in 2024, they closely monitor historical charts and market dynamics to gauge its investment potential. The unique mechanism of Pandora, which allows for fractional ownership of NFTs through the ERC-404 standard, adds a novel utility aspect that could impact its valuation. Additionally, the broader cryptocurrency market trends, regulatory developments, and the project's adoption and technological advancements play crucial roles in shaping PANDORA's price. As with any investment in the volatile cryptocurrency market, potential investors should conduct thorough research, considering both the innovative potential of Pandora's approach to NFT liquidity and the inherent risks of cryptocurrency investments.

For those interested in investing or trading Pandora, one might wonder: Where to buy PANDORA? You can purchase PANDORA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Trade PANDORA perpetual futures

After having successfully signed up on Bitget and purchased USDT or PANDORA tokens, you can start trading derivatives, including PANDORA futures and margin trading to increase your income.

The current price of PANDORA is $20,923.01, with a 24h price change of +16.11%. Traders can profit by either going long or short onPANDORA futures.

Join PANDORA copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or PANDORA tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of Pandora.

What is the current price of Pandora?

We update our Pandora to USD price in real time. Get the live Price of Pandora on Bitget.

What is the 24 hour trading volume of Pandora?

Over the last 24 hours, the trading volume of Pandora is $44.98M.

What is the all-time high of Pandora?

The all-time high of Pandora is $32,854.52. This all-time high is highest price for Pandora since it was launched.

Can I buy Pandora on Bitget?

Yes, Pandora is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Pandora?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Pandora with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Pandora online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Pandora, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Pandora purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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