Paragon (PRG)

Market Cap

$5,045,192 USD

Volume (24h)

$34,470 USD

4.3
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Paragon Markets Rank: 4/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Paragon Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Paragon Market Cap Rank: 86/100

  • 24h Change

    Is the price moving up or down?

    Paragon 24h Change Rank: 51/100

  • Social Following

    How many users are following this coin?

    Paragon Social Following Rank: 95/100

  • Google Trends

    How many users are searching for the coin?

    Paragon Google Trends Rank: 36/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Paragon Twitter Citation Rank: 52/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Paragon User Voting Rank: 85/100

Paragon investment analysis

This project is targeted at the Cannabis industry, but unlike the other current options which actually focus on facilitating payments between consumers and marijuana businesses, this one focuses on another key aspect of managing any business: the need for office space.

Shared offices and networking spaces are not a new thing, but like almost everything else, it proves challenging for professionals in the Cannabis industry to rent spaces due to the ongoing stigma toward their niche. Despite the fact that acceptance for marijuana only grows every year, it is still a difficult undertaking, even for completely licensed and legitimate businesses in the industry.

While this does not seem like something that needs its own token, the PRG asset does have some other neat tricks. Your Paragon investment will also allow you to access industry-specific smart contracts which will allow those within the industry that will actually add transparency and credibility to the businesses within the Cannabis ecosystem. Patients will be able to schedule appointments with their doctors, check the legitimacy of their projects on the blockchain and even store and verify lab results.

This creates an inclusive ecosystem where professionals in the marijuana industry can brainstorm, share their ideas and solutions and create a more efficient way to manage their data and resources. There's more than meets the eye initially for this project, and it's worth it for investors to poke around a bit before writing Paragon off as just another marijuana coin.

How to buy?
current price
$0.076516
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+128.2%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.174582
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

92/1478
by Safety
1296/1478
by Profit
historical data

How to buy Paragon?

Cryptocurrency enthusiasts can only buy Paragon on a few exchanges, but the trading volume here is pretty substantial. Surprisingly, the Bitcoin trading pair is pretty empty for this asset though, and if you want to make a trade, then you'll need to swap to either ETH or USDT first to do so.

PRG is an ERC20 token. These are Ethereum based tokens, and that means that you'll need an appropriate Ethereum wallet to store your investment in. There's a ton of options for this, and the right choice depends on your preferences, and the degree of security that you want to have. For ease of use, consider My Ether Wallet, Coinomi or Meta Mask. For maximum security, utilize a hardware wallet like Ledger, Trezor or KeepKey. No matter what wallet you decide is best, always create a backup immediately upon creating your wallet and stow it somewhere safe.