Trend #RWA can x100 in 2024? Which project is that?
That's $PRCL
Parcl is a perpetual contract exchange for real estate built on Solana. The project is supporting margin transactions in 6 different real estate markets, including: New York, Miami Beach, Brooklyn, San Francisco, Austin, Las Vegas. Currently, the protocol allows traders to use up to 10x leverage.
Parcl has completed two rounds of funding, Strategic and Seed, with the amount raised up to 11.6 million USD. Leading investment funds that have invested capital in Parcl include: DragonFly Capital, Solana Ventures, Coinbase Ventures, ParaFi Capital,.
Currently, $PRCL's capitalization is about 60-70 million dollars.
In the uptrend season, the project can reach 3-5 billion in capitalization.