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About PAR

PAR is an overcollateralized and decentralized EURO-pegged stablecoin issued by the Mimo protocol.It is multi-chain, and backed by a variety of strong collaterals, including conservative, decentralized and productive assets.PAR can be used for a variety of purposes, such as generating yield, leveraging both the price & yield, providing liquidity and serving as collateral.

Parallel (PAR) is a cryptocurrency launched in 2021. PAR has a current supply of 2.24M with 0 in circulation. The last known price of PAR is 1.19 USD and is 0.002916351059 over the last 24 hours. It is currently trading on active market(s) with $180.55 traded over the last 24 hours. More information can be found at https://mimo.capital.

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PAR Price Statistics
PAR’s Price Today
24h Price Change
+$0.0029163510590.25%
24h Volume
$180.550.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8628
PAR Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.66M
PAR Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PAR Supply
Circulating Supply
0
Total Supply
2.24M
Max Supply
0
Updated Nov 07, 2025 3:01 am
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PAR
Parallel
$1.19
$0.002916351059(+0.25%)
Mkt Cap $0
There's nothing here for now
AI Trading Bots: Understanding Their Role and Limitations in Crypto Markets
AI Trading Bots: Understanding Their Role and Limitations in Crypto Markets
According to Cointelegraph, AI-powered trading bots are increasingly capturing the attention of crypto market participants, generating both enthusiasm and concern among traders eager to automate their strategies. However, industry experts caution that many individuals still misunderstand the capabilities and limitations of these bots, as well as the distinct differences between specialized trading AIs and general-purpose tools like ChatGPT. AI trading tools are gaining prominence, but the excitement surrounding them should be tempered with an understanding of the risks involved in entrusting automated systems with investment capital. Brett Singer, sales and research lead at Glassnode, and Nodari Kolmakhidze, chief financial officer and partner at Cindicator, which developed Stoic.AI, are at the forefront of data, algorithms, and traders shaping the future of AI-driven strategies. Singer emphasized that the true strength of AI in trading lies not in magical decision-making but in data processing capabilities. He explained that models can explore extensive databases swiftly, enabling the development of trading strategies. Glassnode's Claude-powered MCP server exemplifies this by providing advanced analytics that can answer complex questions rapidly. Despite these advancements, Singer warned that most AI bots struggle in realistic market conditions, often failing to outperform the market. He noted that many rely on shallow backtests or single-signal strategies, lacking the robustness employed by professional quant desks. Kolmakhidze highlighted the distinction between general-purpose AI models like ChatGPT and specialized bots designed for trading. He argued that expecting a chatbot trained on text to execute profitable strategies is unrealistic, as trading remains challenging even for top hedge funds. Kolmakhidze also cautioned against the misconception that AI bots are automatic profit machines, emphasizing that market regimes shift and even strong models can falter when volatility or momentum structures change. Both experts concurred that AI's future role is not to replace traders but to enhance them. Singer likened today's AI to "an associate or an intern that can work 24 hours a day," yet still requires human judgment. The full episode of Byte-Sized Insight offers a comprehensive interview available on Cointelegraph’s Podcasts page, Apple Podcasts, or Spotify, providing further insights into the evolving landscape of AI in trading.
Nov 07, 2025 11:33 pm

Frequently Asked Questions

  • What is the all-time high price of Parallel (PAR)?

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

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  • How much Parallel (PAR) is there in circulation?

    As of , there is currently 0 PAR in circulation. PAR has a maximum supply of 0.

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  • What is the market cap of Parallel (PAR)?

    The current market cap of PAR is 0. It is calculated by multiplying the current supply of PAR by its real-time market price of 1.19.

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  • What is the all-time low price of Parallel (PAR)?

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

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  • Is Parallel (PAR) a good investment?

    Parallel (PAR) has a market capitalization of $0 and is ranked #8628 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 Parallel (PAR) price trends and patterns to find the best time to purchase PAR.

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