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About PAPI

PAPI a decentralised meme project putting fun back into cryptocurrency with our mysterious puppet.A first in the cryptocurrency space, bringing Lotto Staking to the space. This trendy puppet is ready to breed future Papi Chulo’s!

Papi (PAPI) is a cryptocurrency launched in 2023. PAPI has a current supply of 1,000.00Bn with 935.00Bn in circulation. The last known price of PAPI is 0.000000299 USD and is 0.000000002479 over the last 24 hours. It is currently trading on active market(s) with $132.42 traded over the last 24 hours. More information can be found at https://papi.cash/.

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PAPI Price Statistics
PAPI’s Price Today
24h Price Change
+$0.0000000024790.84%
24h Volume
$132.4233.27%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.000473650615
Market Dominance
0.00%
Market Rank
#2350
PAPI Market Cap
Market Cap
$279,564.68
Fully Diluted Market Cap
$298,999.65
PAPI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PAPI Supply
Circulating Supply
935.00Bn
Total Supply
1,000.00Bn
Max Supply
1,000.00Bn
Updated Nov 05, 2024 7:20 am
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PAPI
Papi
$0.000000299
$0.000000002479(+0.84%)
Mkt Cap $279,564.68
There's nothing here for now
SBI Digital Markets Expands Role In Singapore's Project Guardian
SBI Digital Markets Expands Role In Singapore's Project Guardian
According to Decrypt, Japan's SBI Digital Markets (SBIDM) is enhancing its involvement in the Monetary Authority of Singapore's (MAS) Project Guardian by launching new initiatives to promote the use of tokenized securities in global markets. In collaboration with major financial institutions, the SBI Group subsidiary is working on a cross-border framework for tokenized assets, aiming to connect regulated digital asset exchanges across various regions to increase liquidity and reduce costs. SBIDM's Fixed Income pilot is focused on creating an international network for tokenized asset-backed securities, encompassing both initial issuance and secondary trading. The company announced plans to introduce its first structured note, backed by luxury wine assets, in the coming months. This will be followed by products linked to intellectual property and commodities. These securities will be offered in both traditional and digital formats to attract a wide range of investors, utilizing a blockchain-agnostic infrastructure to facilitate global transactions. In parallel, the Asset and Wealth Management pilot with UBS Asset Management is assessing a UBS tokenized money market fund. Building on last year's technical advancements within Project Guardian, this pilot incorporates blockchain-powered automation to streamline fund subscription and redemption processes. Enabled by Chainlink's Cross-Chain Interoperability Protocol, smart contracts enhance interactions within the fund while reducing operational costs, which SBIDM describes as a significant transformation in the $63 trillion mutual fund industry. These efforts are part of MAS's broader strategy to encourage institutional digital asset adoption under Project Guardian by leveraging both public and private blockchain technologies. Public blockchains are open, decentralized networks where anyone can participate, as seen with Bitcoin or Ethereum. In contrast, private blockchains are closed networks with restricted access, often controlled by a central entity. SBIDM's initiatives align with other key players in Singapore's tokenization sector expansion under the project. Standard Chartered is exploring digital bond issuance using tokens from public blockchains like Ethereum and Stellar. HSBC, in collaboration with Temasek, is testing tokenized sustainable bonds on private blockchains to ensure compliance with financial regulations. JP Morgan, a long-time Project Guardian partner, has previously experimented with tokenized deposits on both public and private blockchains to improve settlement efficiency in cross-border transactions and tokenized portfolios.
Nov 05, 2024 6:51 am

Frequently Asked Questions

  • What is the all-time high price of Papi (PAPI)?

    The all-time high of PAPI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Papi (PAPI) is 0. The current price of PAPI is down 0% from its all-time high.

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  • How much Papi (PAPI) is there in circulation?

    As of , there is currently 935.00Bn PAPI in circulation. PAPI has a maximum supply of 1,000.00Bn.

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  • What is the market cap of Papi (PAPI)?

    The current market cap of PAPI is 279,564.68. It is calculated by multiplying the current supply of PAPI by its real-time market price of 0.000000299.

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  • What is the all-time low price of Papi (PAPI)?

    The all-time low of PAPI was 0 , from which the coin is now up 0%. The all-time low price of Papi (PAPI) is 0. The current price of PAPI is up 0% from its all-time low.

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  • Is Papi (PAPI) a good investment?

    Papi (PAPI) has a market capitalization of $279,564.68 and is ranked #2350 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Papi (PAPI) price trends and patterns to find the best time to purchase PAPI.

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