Perlin Trading 4.4% Lower Over Last 7 Days (PERL)

Perlin (CURRENCY:PERL) traded down 18.6% against the US dollar during the 1-day period ending at 10:00 AM ET on October 14th. One Perlin coin can currently be bought for $0.0671 or 0.00000206 BTC on major exchanges. Perlin has a total market capitalization of $32.92 million and $15.30 million worth of Perlin was traded on exchanges in the last day. Over the last seven days, Perlin has traded down 4.4% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

  • Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001742 BTC.
  • Chainlink (LINK) traded up 9.2% against the dollar and now trades at $27.15 or 0.00047296 BTC.
  • Polygon (MATIC) traded up 2.4% against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded 5.5% higher against the dollar and now trades at $1.28 or 0.00002228 BTC.
  • Axie Infinity (AXS) traded 14.2% higher against the dollar and now trades at $137.08 or 0.00238777 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 4.5% against the dollar and now trades at $55.29 or 0.00096308 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001743 BTC.

About Perlin

Perlin is a coin. It was first traded on August 20th, 2019. Perlin’s total supply is 1,033,200,000 coins and its circulating supply is 490,938,908 coins. The Reddit community for Perlin is /r/perlin and the currency’s Github account can be viewed here. The official message board for Perlin is medium.com/perlin-network. The official website for Perlin is perlin.net. Perlin’s official Twitter account is @PerlinNetwork and its Facebook page is accessible here.

According to CryptoCompare, “PerlinX is a decentralized finance interface platform, allowing users to trade assets of any kind with each other through incentivized liquidity mining and synthetic asset generation. PerlinX utilizes incentivized liquidity provision through the use of liquidity pools powered by the Balancer protocol. Participants can stake their PERL tokens to provide liquidity and be rewarded for doing so. Rewards for liquidity provision will initially be distributed in PERL, BAL and UMA tokens. PerlinX also leverages the UMA protocol to generate synthetic assets. Each asset will have its own price feed, which is powered by UMA's Data Verification Mechanism (DVM), a decentralized oracle that's designed to solve the problem of centralized and corruptible oracle price feeds. All synthetic assets on PerlinX will have the prefix px (eg. pxGold, pxCarbon, etc). Every synthetic asset created using the PerlinX platform will require PERL as collateral. Perlin's mission is to bridge legacy financial systems and products to DeFi and democratizing market access for all. Perlin is focused on helping to create more efficient, equitable, and open marketplaces and economies that can benefit everyone everywhere. As the first ever project in the world to enable synth asset minting based on UMA Protocol – we’re now one step closer in the grand vision. PERL can be used as both a liquidity and collateral asset. You can stake PERL to provide liquidity to the PerlinX platform and receive incentives in PERL and BAL rewards for doing so (UMA rewards coming soon too!). Or you can use PERL as collateral to create synthetic PxAssets. “

Perlin Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Perlin directly using US dollars. Investors seeking to trade Perlin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Perlin using one of the exchanges listed above.

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