CryptoPawCoin (CPRC) saw a significant increase of 680% in value within just 24 hours, putting it in the top 100 cryptocurrencies based on market capitalization, presently valued at over $500 million. The coin's goal is to support animal welfare, but potential investors should be wary of its low trading volume that makes it more susceptible to price manipulation and potential risks.
CPRC's market capitalization increase is a rare occurrence and is mainly attributed to its current trading value at $0.0016, based on CoinGecko's data. Moreover, it is worth noting that CPRC is yet to be listed on CoinMarketCap. The coin's official website indicates that its aim is to help animal welfare, specifically animal shelters, rescue organizations, and conservation efforts. However, its trading volume is observed to be low compared to other cryptocurrencies with a similar market capitalization. This makes CPRC potentially susceptible to price volatility, prompting caution to potential investors.
