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Solana-Based Decentralized Real Estate Trading Platform Rallies After Coinbase Places Altcoin on Listing Roadmap

December 15, 2024
in Altcoin
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A decentralized actual property buying and selling platform constructed on the sensible contract platform Solana (SOL) is surging after getting a spot on Coinbase’s itemizing roadmap.

In a brand new thread on the social media platform X, Coinbase Property proclaims the addition of decentralized change (DEX) Parcl (PARCL) to its roadmap, triggering a virtually 50% rally in simply 24 hours.

Coinbase makes use of the itemizing roadmap for transparency and to forestall insider buying and selling on cash previous to them being listed. Being positioned on the itemizing roadmap means the agency has decided the asset will doubtless be obtainable for buying and selling sooner or later.

Parcl is a platform that lets customers commerce and spend money on actual property through artificial property with out having to truly personal any property. Artificial property are blockchain-based representations of real-world property, equivalent to shares, securities and property.

Parcl works by offering customers with world metropolis indexes and permitting them to accumulate tokens that symbolize a stake in a particular index.

“Metropolis Indexes symbolize the combination worth of actual property in a selected metropolis. As a substitute of buying and selling particular person properties, you’ll be able to commerce the index worth that represents the median worth per sq. foot or sq. meter, supplying you with diversified publicity to a complete metropolis’s actual property market.”

Among the cities tracked for buying and selling by Parcl embrace New York, Miami Seashore, San Francisco, Austin, Los Angeles, Chicago, Dubai and much more.

At time of writing, Parcl is buying and selling for $0.516, down over 5% on the day.

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Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in affiliate internet marketing.

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Tags: AltcoinCoinbasedecentralizedEstateListingPlacesPlatformRalliesrealRoadmapSolanaBasedTrading
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