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Tallinn, Estonia, 7th April, 2022, Chainwire
PARSIQ has announced that its native token $PRQ will be listed on the trading platform Crypto.com starting April 7th.
PARISIQ, the Web3 monitoring, and data-automation platform have announced that users are able to trade $PRQ tokens on the Crypto.com Exchange, one of the world's three largest crypto trading platforms by volume, starting today.
The announcement dovetails with the news thatCrypto.com Capital led the $12MM fund-raising round for PARSIQ’s sister project, IQ Protocol. The listing of $PRQ points to confidence in PARSIQ and the team to deliver long-term value to the blockchain industry.
This follows PARSIQ’s recently expanded vision which will build upon previous core technologies to become the go-to backend for Web3 applications, akin to Google Firebase on Web2.
Crypto.com joins KuCoin, OKX, MEXC Global, Gate.io, and Coinmetro amongst the exchanges already offering $PRQ as well as DEXs such as UniSwap and Pancake Swap.
With a market capitalization of USD 40MM at the time of writing the $PRQ token is trading around 8x off its all-time highs of spring 2021, reflecting a hype cycle that had moved away from blockchain infrastructure projects like PARSIQ and Chainlink towards DeFi protocols and NFTs. However, this trend is reversing, and with the new narratives of interoperability, there is a renewed interest in critical infrastructure and middleware.
PARSIQ CEO, Tom Tirman, said:
"We're delighted to announce our $PRQ token will be live on Crypto.com in the coming days. The exchange has seen impressive growth over the last 18 months and the average volume continues to steadily increase as
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