Let's get to know the currency: -
Portal (PORTAL) is an emerging digital token focused on enhancing user engagement with decentralized applications (dApps) and blockchain-based platforms. Launched on February 29, 2024, the token is designed to support a flexible and transparent ecosystem.
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Project objectives
1. Enhance user engagement: Facilitate access to and promote use of decentralized applications.
2. Empowering developers: Providing technical tools that help improve the developer experience when building blockchain-based applications.
3. Integration between platforms: Providing innovative solutions to support integration between different systems in the world of digital currencies.
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Financial data analysis
Ranking: 362nd in the world.
Market Cap: $142.31 Million.
Fully discounted market cap: $390.02 million.
Market control: 0.0042%.
Trading supply: 364.89 million PORTAL.
Total supply: 1 billion PORTAL.
Max supply: 1 billion PORTAL.
Historical price performance 👇🏼
Record high: $4.4147 (February 2024).
Record low: $0.2044 (August 2024).
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Founders and Team
The names of the founders and team have not been publicly disclosed yet. However, the project is supported by a dedicated technical team focused on improving the user experience of decentralized applications.
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Most prominent uses
1. Decentralized applications (dApps): Improving the usability of these applications and increasing their adoption.
2. Integration: Supporting interactions between different digital ecosystems.
3. Network Governance: The PORTAL token can be used to vote on decisions related to network development.
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Advantages and disadvantages of currency
Advantages:
Strong technical team focused on user experience.
A startup in a vital sector is decentralized applications.
Limited supply cap (1 billion), which enhances the potential for long-term value appreciation.
Disadvantages:
Limited transparency about the team.
Large price fluctuations due to the newness of the project.
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Conclusion
Portal (PORTAL) has promising potential thanks to its focus on improving user experience in decentralized applications and supporting integration between different systems. Despite the risks associated with startup projects, the presence of a limited supply ceiling and a growing market cap makes it a worthy option for investors looking to explore new opportunities in the cryptocurrency sector, especially since it has not completed a year, so there are real growth opportunities.
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Success in the world of digital currencies 🪙 begins with knowledge and accurate follow-up, so don't forget 🩵 to follow, dear trader, and turn on 🔔 notifications to get the latest news 📰 and opportunities at the right time ⏰
Sources:👇🏼
CoinMarketCap
Binance
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