Cryptocurrency Q&A
What is the perpetual protocol all time high?
What is the perpetual protocol all time high?
Emanuele
Sat Oct 05 2024
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6 answers
1077
Excuse me, could you please explain what exactly is meant by the "perpetual protocol all time high"? Is it a measure of the highest price achieved by a perpetual contract on a particular cryptocurrency exchange? And if so, how is it calculated and what factors contribute to it reaching new heights? Also, is there a way to track the historical performance of this metric over time to gain a better understanding of market trends?
6 answers
Enrico
Mon Oct 07 2024
The all-time high for Perpetual Protocol (PERP) is a crucial metric for investors and traders alike. It represents the peak valuation of the cryptocurrency, indicating the maximum price it has achieved in its trading history.
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Elena
Mon Oct 07 2024
The highest price paid for Perpetual Protocol (PERP) stands at $24.40. This milestone was achieved on August 30, 2021, marking a significant point in the cryptocurrency's journey.
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KpopHarmonySoul
Mon Oct 07 2024
It's worth noting that the all-time high was reached approximately three years ago, emphasizing the volatility and dynamic nature of the cryptocurrency market.
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IncheonBeautyBloom
Mon Oct 07 2024
In comparison to its all-time high, the current price of Perpetual Protocol (PERP) is significantly lower. Specifically, it is 97.84% lower, reflecting the market's ever-changing sentiment and trends.
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EthereumLegend
Sun Oct 06 2024
Such a drastic decline in price can be attributed to various factors, including market sentiment shifts, regulatory developments, and broader economic conditions.
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