The native token of Solana-based real estate DEX project Parcl, PRCL, has experienced a 20% decline in the last 24 hours. This drop is attributed to traders cashing in profits after a significant spike on Dec. 17. Currently trading at $0.46, PRCL is down from its 24-hour peak of $0.58 and the weekly high of $0.61. The listing of PRCL on Coinbase, a U.S. crypto exchange, led to increased interest and a price surge to nearly $0.60, coinciding with Bitcoin's record high. However, with market conditions shifting and sellers dominating, PRCL's price gains have been reduced. The token's price currently sits at $0.46, with potential to reach its all-time high of over $0.73. Despite a market cap decrease to $101 million and a 47% drop in daily trading volume, PRCL remains a key player in the altcoin market. Read more AI-generated news on: https://app.chaingpt.org/news