FIRST EVER ERC404 TOKEN $PANDORA JUMPS 12,000% IN ONE WEEK
- $PANDORA is the first token made via the newly introduced ERC-404 #Ethereum token standard.
- @Pandora_ERC404 surged from as low as $250 per token lasy week, to highs of as much as $32,000 this morning, equating to a nearly 130x gain.
- The token’s low supply of just 8,000 tokens is the cause behind $PANDORA’s staggering price per token.
- ERC-404 is a new unofficial token standard designed to allow additional functionality and interaction between fungible tokens and NFTs.
- Various other projects have sought to capitalize on $PANDORA’s success by airdropping their own tokens to holders of the asset, driving up demand for $PANDORA itself.
- Others, such as $CRYSTAL of @404_Crystal (which is hosted on $ARB) have looked to be the first ERC-404 token to launch on other networks outside of $ETH.
- According to Coindesk, exchanges @OKX and @Binance announcing support for such tokens in their respective wallet solutions, has added further credibility to the new ERC-404 standard.
