Pandora’s Trading Frenzy: $190 Million Volume Sweeps DEXs and NFT Platforms

Pandora’s Trading Frenzy: $190 Million Volume Sweeps DEXs and NFT Platforms

Pandora, an unofficial ERC-404 standard, has become the latest sensation since its launch on February 2nd. In just a week, this new Ethereum token’s fully diluted valuation surged above $320 million while its total trading volume climbed 73,024 ETH, which is worth around $190 million.
Currently, Pandora’s price stands at above $21,000, marking a 32% decline from its all-time high. According to the latest Nansen report shared with CryptoPotato, 1,420 distinct owner wallets are holding at least one complete token.
Pandora’s Diamond Hands Dominate
Despite the soaring price, Pandora holders do not appear to be offloading their tokens any time soon.
Out of the 5,681 NFTs or complete tokens available, half are securely held by “diamond hands” wallets – those that have retained their tokens since the initial acquisition without selling. This retention rate, referred to as the “diamond-hand” percentage, is notably impressive for a new project, as per Nansen’s observation.
In

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We współpracy z: https://cryptopotato.com/pandoras-trading-frenzy-190-million-volume-sweeps-dexs-and-nft-platforms/

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