$0.177
1.97%
$0.173
24h Range
$0.179
Market Cap
$38,564,707.2
Fully Diluted Valuation
$40,617,856.6
24 Hour Trading Vol
$602,372.9
Circulating Supply
218,373,971.0
Total Supply
230,000,000.0
Max Supply
230,000,000.0
Pangolin Price
$0.177
24h Range
$0.173 - $0.179
Percent Change 1h
-0.3%
Percent Change 24h
1.97%
Percent Change 7d
-15%
All-time high
$18.85
All-time low
$0.012
1D
7D
1M
1Y
All
Pangolin (PNG) is a decentralized exchange (DEX) built on the Avalanche blockchain, designed to facilitate the trading of cryptocurrencies in a fast and efficient manner. Launched in early 2021, Pangolin aims to provide a seamless trading experience while leveraging the advantages of the Avalanche network, such as low transaction fees and high throughput. As of 2024, Pangolin has gained notable traction, with over $100 million in total value locked (TVL) and a growing user base. The platform enables users to trade various tokens directly from their wallets, providing liquidity through automated market-making (AMM) mechanisms.
Pangolin was co-founded by a team of blockchain enthusiasts and developers, including Patrick O'Grady, who played a crucial role in the project's development and ecosystem growth. The founding team is composed of individuals with diverse backgrounds in software development, finance, and blockchain technology. They aimed to create a user-friendly DEX that could compete with existing platforms while embracing the unique features of the Avalanche network.
Pangolin operates on the Automated Market Maker (AMM) model, enabling users to trade tokens without relying on traditional order books. Users provide liquidity by depositing pairs of tokens into liquidity pools, earning fees generated from trades that occur within these pools. The pricing of assets is determined by the ratio of tokens in the pool, utilizing a constant product formula to ensure liquidity is always available. Additionally, Pangolin implements features like limit orders and support for cross-chain swaps, enhancing the trading experience. As of 2024, Pangolin has integrated with various DeFi protocols on Avalanche, further expanding its utility.
Pangolin serves multiple use cases within the DeFi ecosystem:
Ensuring the safety of your PNG tokens and assets involves several best practices:
Investing in Pangolin (PNG) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Pangolin: Once your account is funded, you can purchase Pangolin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Pangolin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Pangolin (PNG) is currently trading at $0.177 and exhibits good potential for future growth. Check the latest Pangolin (PNG) price prediction.
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