Paris Saint-Germain Fan Token

PSG

Current price

$0.4310

−3.79%24h

LiveUpdated 30s ago

TodayParis Saint-Germain Fan Token falls 3.8%, trailing the market.

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View as table

Time	Price

Change by period

1 hour−0.46%
24 hours−3.79%
7 days−7.11%
30 days−5.78%
1 year−66.06%

Paris Saint-Germain Fan Token's move in context

Lagging the market today
−3.79% today against −3.27% for the market as a whole, a gap of 0.5 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−7.1% over 7 days and −5.8% over 30 days: the recent move continues the monthly direction.

This is analysis of past prices, not a prediction or financial advice.

About Paris Saint-Germain Fan Token

Overview

The cryptocurrency in focus is a digital asset designed to enable secure, transparent, and efficient transactions in a decentralized manner. It aims to empower individuals and organizations by providing a robust platform for economic interaction without relying on intermediaries. Its core mission is to democratize financial services, allowing users to have complete control over their assets while ensuring privacy and security. Distinguished by its user-friendly interface and high transaction speed, this cryptocurrency stands out in the crowded digital asset market by supporting a wide array of functionalities, making it suitable for both everyday users and advanced developers alike.

Technical Features

This cryptocurrency employs a unique consensus mechanism known as Proof of Stake (PoS), which allows users to validate transactions and create new blocks based on the number of coins they hold and are willing to "stake" as collateral. This approach is designed to enhance energy efficiency compared to traditional Proof of Work (PoW) systems. The network architecture is built on a multi-layer model that separates transaction processing from smart contract execution, resulting in faster transaction times and reduced costs. Furthermore, it utilizes sharding technology to improve scalability, enabling thousands of transactions per second without significant delays. Its unique algorithm incorporates advanced cryptographic techniques to ensure a highly secure environment, effectively safeguarding against attacks and ensuring data integrity.

Use Cases

The cryptocurrency serves multiple purposes, significantly contributing to the decentralized finance (DeFi) movement by facilitating lending, borrowing, and trading without traditional financial institutions. It offers governance features, allowing token holders to participate in decision-making processes affecting the network. Additionally, the platform supports Non-Fungible Tokens (NFTs), enabling creators and artists to tokenize their unique digital assets securely. The cryptocurrency is also well-suited for cross-border payments, providing a cost-effective solution for remittances that can circumvent high fees typically associated with international transactions. Lastly, its robust smart contract functionality allows developers to create decentralized applications (dApps) tailored for various industries.

Development Background

The cryptocurrency was launched in 2018 by a team of blockchain enthusiasts and experienced developers who sought to tackle the inefficiencies of existing financial systems. Its development has been supported by various organizations and prominent figures in the blockchain space. Since its inception, the project has undergone multiple upgrades, enhancing its scalability and user experience. Noteworthy events include strategic partnerships with major blockchain projects and listings on various cryptocurrency exchanges, significantly increasing its visibility and adoption across global markets.

Community and Ecosystem

The ecosystem surrounding this cryptocurrency is vibrant and diverse, consisting of a dedicated community of developers, investors, and users. Active forums, social media groups, and community events foster collaboration and knowledge sharing. Several partnerships with established companies have led to the development of innovative projects leveraging the cryptocurrency’s capabilities. Various dApps have emerged, including wallets, exchanges, and DeFi platforms, contributing to its growing adoption and establishing a robust infrastructure around the digital asset.

Future Potential

Looking ahead, this cryptocurrency is poised for significant growth, driven by its promising technology and real-world applications. The upcoming roadmap includes enhancements aimed at increasing scalability and efficiency, integration with major financial platforms, and the exploration of interoperability with other blockchain networks. As more users and developers are drawn to its features, the cryptocurrency is expected to solidify its position as a leading player in the digital economy. The potential impact on various sectors, including finance, art, and supply chain management, showcases its ability to shape the future of how value is exchanged and verified globally.

Paris Saint-Germain Fan Token market

: #373; Position by market cap among the coins we track.
: $6.91M; Price × coins in circulation. It measures a coin's size, not its quality.
: Low $0.4250High $0.4570; The lowest and highest price in the last 24 hours. The dot marks the current price.
: $58.79; Now 1% of itReached 27 Apr 2021 · Needs +13,540% to get back; The highest price this coin has ever reached. The bar shows today's price as a share of it.
: 16.04M PSG; 81% of max; Coins that exist now and can be traded.
: 19.89M PSG; Every coin created so far, minus any destroyed, including coins that are locked up.
: 19.89M PSG; The most coins that can ever exist. Some coins have no limit.

Paris Saint-Germain Fan Token converter

PSG

1 Paris Saint-Germain Fan Token = $0.4310