Parcl ($PARCL) has taken a hit, with a price drop of -13.10% in the last seven days. As a real estate trading DEX, PARCL offers traders the choice of indices for major cities, including New York, Los Angeles, and Dubai. Parcl is based on a smart contract platform on Solana.
The package was <a target="_blank" href="https://x.com/CoinbaseAssets/status/1869070825350918235″ rel=”nofollow” target=”_blank”>recently included on the cryptocurrency exchange Coinbase, causing a price increase, albeit short-lived. Parcl's native token reached $0.586 on December 17, but has since fallen to around $0.35.
It is not unusual for the price of a token to rise and fall after a new listing. And the price of $PARCL -13.10% remains favorable compared to similar DeFi coins, which fell -17.60% in the same period. Solana has also been experiencing a downward trend for almost a month now. But this is expected to change, thanks to $SOLX.
Is $SOLX stealing Parcl's thunder?
The Solaxy ($SOLX) pre-sale is in full swing, with investors rushing to get their hands on tokens at an early price. The huge investor appeal of $SOLX lies in building a Solana Layer 2 blockchain, with plans to be a much-improved version of the Solana ecosystem.
Solana's high transaction volumes (about 179 million in the last week alone) are prone to congestion and failed transactions. And these are the problems that Solaxy will address, along with scalability.
It's not just Solana who is going to score. Solaxy is a multi-chain solution, which is good news for both ethereum and Binance. But it also means that the Solaxy pre-sale is attracting investors from Solana, ethereum and BNB, which is not good news for PARCL DEX or the price of $PARCL.
Solaxy pre-sale is capturing investors' attention
Since launching just over five days ago, Solaxy pre-sales raised $350,000 in its first 24 hours. As of this writing, that figure has already skyrocketed to a staggering $3.46 million. It's an exciting space to watch, as the investor frenzy gains momentum, fueled by annual returns of 1,092%. So far, approximately 1.051 billion SOLX dollars have already been staked.
Investors can get their hands on $SOLX through Solaxy's official pre-sale site, with $eth, $BNB, $USDT, and card among the payment options. However, purchasing $SOLX with $BNB in the pre-sale means that holders will not be eligible to earn 1092% annual returns.
Buying $SOLX with card requires a crypto wallet, such as MetaMask or Best Wallet. Both are free, although mobile first The best wallet app It is also 100% non-custodial. This is always a plus if you want a crypto wallet that is not owned by a centralized company or exchange.
Solana prepares for a comeback with $SOLX
At this current pre-sale stage, 1 $SOLX costs $0.00158. But of course, since it is a pre-sale, a price increase is imminent. The next increase will occur in just over a day. So, the clock is ticking if you want to buy $SOLX at entry-level prices.
Be sure to check out DYOR first, as this article does not constitute financial advice. look at the $SOLX Whitepaper For more information and updates, stay tuned to <a target="_blank" href="https://x.com/SOLAXYTOKEN” rel=”nofollow” target=”_blank”>$SOLXX feed.
