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Parachute Price, News and Analysis (PAR)

+0.0029 (+18.47%)
(As of 08/10/2020 06:29 AM ET)
1-Hour Price Change -7.54%
1-Day Price Change +18.47%
7-Day Price Change +631.42%
1-Day Volume$1.82 million
Market Cap$8.78 million
BTC Price0.00000133 BTC
Circulating Supply550.66 million
Total Supply999.63 million
Maximum SupplyN/A

About Parachute (PAR)

Currency Details

Name Parachute
Market Capitalization$8.78 million
Coin or TokenToken
Proof TypePoS
Genesis Date5/8/2018
Number of Exchanges2

Official Links

Official Websiteparachutetoken.com
Official Website (Alt)N/A
BitcoinTalk AnnouncementN/A
Twitter Account@
Facebook PageView
Github AccountN/A

Community Discussion

Reddit Communityr/ParachuteToken
Telegram GroupView
Discord GroupView
Message BoardN/A
Message Board (Alt)N/A

Research Tools

Blockchain Exploreretherscan.io
Blockchain Explorer (Alt)ethplorer.io

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Parachute (PAR) Frequently Asked Questions

What exchanges can I buy or trade Parachute on?

Parachute can be purchased or sold on the following cryptocurrency exchanges: IDEX and EtherDelta (ForkDelta).

How do I buy Parachute?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Parachute.

Where can I get Parachute wallet?

Parachute produces its own wallet software that is available for download on its website, which allows you to store Parachute on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Parachute?

One Parachute (PAR) is currently worth $0.02 on major cryptocurrency exchanges. You can also exchange one Parachute for 0.00000133 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Parachute in U.S. dollars is $8.78 million.

What hashing algorithm does Parachute use?

Parachute is a proof of stake (PoS) token that uses the Scrypt algorithm.

How do I mine Parachute?

Parachute and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Parachute?

The following coins use Parachute's Scrypt algorithm and proof of stake (PoS) proof-type: UNI COIN, MintCoin, AllSafe, Peony, Rupee, Safe Trade Coin, MedicCoin, UNICORN Token, HollyWoodCoin, GambleCoin, DigiFinexToken and Bitcurate.

What is the Reddit page for Parachute?

The official Reddit community (subreddit) for Parachute is r/ParachuteToken.

MarketBeat Community Rating for Parachute (PAR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  51
MarketBeat's community ratings are surveys of what our community members think about Parachute and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.


Parachute (PAR) Price Chart for Monday, August, 10, 2020

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Google Trends

Parachute (PAR) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Parachute. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Parachute Token" over the last 90 days.

Parachute (PAR) Social Media Trends


Parachute (PAR) News Headlines

Vertical Flight Society Announces 2020 Individual Recipients of Its Prestigious AwardsVertical Flight Society Announces 2020 Individual Recipients of Its Prestigious Awards
www.prweb.com - April 2 at 7:55 AM
Building a rocket is hard. But building a parachute is bogglingBuilding a rocket is hard. But building a parachute is boggling
www.latimes.com - December 19 at 11:55 AM

Social Media Mentions

Parachute (PAR) Reddit Feed

This page was last updated on 8/10/2020 by MarketBeat.com Staff

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