A Solana-based platform for trading real estate, Parcl (PARCL), saw its price jump almost 50% in a single day after Coinbase added it to its asset listing roadmap.
What is Parcl?
Parcl lets users invest in real estate without actually buying any property. It uses synthetic assets – blockchain representations of real-world assets – to let people trade stakes in city-wide real estate indexes. These indexes track the average price per square foot or square meter in major cities like New York, Miami, San Francisco, and more. This means you can get exposure to a whole city’s real estate market without dealing with individual properties.
Coinbase Listing Roadmap and the Price Surge
Coinbase’s listing roadmap is a way to be transparent about upcoming listings and prevent insider trading. Adding Parcl to the roadmap signals that Coinbase is likely to list the token for trading in the future. This news caused a significant price increase for PARCL.
Current Price and Disclaimer
At the time of writing, PARCL is trading around $0.516, although it’s seen a slight dip today. Remember, investing in cryptocurrencies is risky. Do your own research before investing in any cryptocurrency or digital asset. This information is not financial advice.
