{"id":26642,"date":"2024-02-23T16:29:35","date_gmt":"2024-02-23T16:29:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pangolin-png-soars-24-hour-volume-up-staggering-5500\/"},"modified":"2024-02-23T16:29:35","modified_gmt":"2024-02-23T16:29:35","slug":"pangolin-png-soars-24-hour-volume-up-staggering-5500","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pangolin-png-soars-24-hour-volume-up-staggering-5500\/","title":{"rendered":"Pangolin (PNG) soars, 24-hour volume up staggering 5500%"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/pangolin-image-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/pangolin-image-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/pangolin-image-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/pangolin-image-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Pangolin, a multi-chain DEX platform, has surged to multi-month highs.<\/span><\/li>\n<li><span style=\"font-weight: 400\"> PNG price reached highs of $0.31 as new team outlined comeback roadmap for the DEX<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Pangolin (PNG), an <a href=\"https:\/\/coinjournal.net\/news\/tag\/avalanche\/\">Avalanche<\/a> decentralized exchange (DEX) platform, is experiencing a price uptick as major altcoins struggle amid Bitcoin\u2019s battle to keep the $50,000 level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">PNG is the native governance token of the Pangolin DEX. It is 100% distributed to the community with no team, advisors or investor allocations. The multi-chain DEX platform <a href=\"https:\/\/coinjournal.net\/news\/new-decentralised-exchange-pangolin-launches-on-avalanche\/\">launched on Avalanche<\/a> in 2021.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Pangolin (PNG) price soars<\/span><\/h2>\n<p><span style=\"font-weight: 400\">PNG rose more than 200% on Friday to trade at highs of $0.31 as 24-hour trading volume jumped to over $4.7 million. The surge in daily trading volume over the past day represents a staggering 5,500% increase, according to data from CoinMarketCap.<\/span><\/p>\n<p>The Pangolin market cap has jumped to over $54 million, doubling over the past 24 hours.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-187049\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/02\/pangolin-png-price.png\" alt=\"\" width=\"1200\" height=\"800\"\/><\/p>\n<h2><span style=\"font-weight: 400\">Why is Pangolin price skyrocketing?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Gains for PNG price almost entirely constitute this past week\u2019s upside, with the token having struggled to break above $0.12 since December.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As well as the price, there\u2019s been a rise in activity for the community-driven project. DeFiLlama <a href=\"https:\/\/defillama.com\/protocol\/pangolin\" target=\"_blank\" rel=\"noopener\">shows<\/a> a slight pick in TVL to $31.34 million. Pangolin\u2019s sudden price surge comes as the DEX platform\u2019s new team announced a roadmap aimed at returning it to its \u201cformer glory.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Hey Fam,<\/p>\n<p>As you know, me and my team have taken over the management of <a href=\"https:\/\/twitter.com\/pangolindex?ref_src=twsrc%5Etfw\">@pangolindex<\/a>.  While the transition process is not yet 100% complete, I believe it&#8217;s beneficial to share our upcoming development plans with you. We aim to restore <a href=\"https:\/\/twitter.com\/hashtag\/Pangolin?src=hash&amp;ref_src=twsrc%5Etfw\">#Pangolin<\/a> to its former glory as soon as\u2026<\/p>\n<p>\u2014 Adam (@erd866x) <a href=\"https:\/\/twitter.com\/erd866x\/status\/1760058855826796990?ref_src=twsrc%5Etfw\">February 20, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Part of this roadmap includes the unveiling of a new UI\/UX, introduction of new pools, token listings and a PangoVerse \u2013 a social media platform earmarked for rollout within a year. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Pangolin also <a href=\"https:\/\/twitter.com\/pangolindex\/status\/1760348659294904792\" target=\"_blank\" rel=\"noopener\">announced<\/a> support for BridgeSwap, bringing asset swaps across Ethereum, Avalanche and Binance Smart Chain to the platform.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/pangolin-png-soars-24-hour-volume-up-staggering-5500\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Pangolin, a multi-chain DEX platform, has surged to multi-month highs. PNG price reached highs of $0.31 as new team outlined comeback roadmap for the DEX Pangolin (PNG), an Avalanche decentralized exchange (DEX) platform, is experiencing a price uptick as major altcoins struggle amid [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26642"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26642"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26643"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}