Paragon Coin (PRG) Live Price Chart & History

Price USD -18.87%
$0.502286
Price BTC
0.00003660
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$32.6M
Market Share
Live PRG / USD Price Chart

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Since launching at $1.89295 on 26/10/2017 Paragon Coin has achieved a price of $0.502286, falling -32.76% in the last week alone.

Paragon Coin Price Analysis: Predictions and Forecasts

Why buy Paragon Coin? What is it used for?

Paragon seeks to pull the cannabis community from marginalized to the mainstream by building blockchain into every step of the cannabis industry and by working toward full legalization. Paragon's strength lies in the unique blockchain/cannabis connection that uses smart contracts. More uses of cannabis are coming to light, and Paragon wants to accelerate that process. Paragon wants to move forward in an ethical, morally responsible, and legal way... The cannabis industry has traditionally been fragmented, untrustworthy, and illicit, but it is now moving towards greater legitimacy. New research shows powerful health benefits of cannabis and strong social movements are pushing for increased legalization. One way to improve the reputation of the industry is to modernize it, make it standardized, fully verifiable, and built on a system of trust between patients, doctors, growers, and suppliers. New blockchain technology / Distributed Ledger Technology(DLT) offers an ideal solution. Since blockchain holds an immutable ledger and assured contracts, it can easily accommodate the recording and storing of all product life cycle events, verify patient identification, assure payments, and more. Paragon seeks to create a crypto-token built on smart contracts on blockchain specifically for the worldwide cannabis community. Paragon is the first organization dedicated to leveraging smart contracts built on the blockchain to create and foster a community dedicated to the worldwide legalization and systematization of cannabis.
Paragon Coin was launched in 26/10/2017. It uses the Proof of stake method of consensus, and is based on the N/A algorithm. .

Will the price Paragon Coin fall continue to rise?

It's impossible to predict for sure if Paragon Coin is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Paragon Coin has fallen by -32.76%
  • In the past month it has gained 46.628795454013%
  • In total it has fallen in value by $-1.390664 since its inception, a change of 26.53%

Can Paragon Coin reach, replace, pass or overtake bitcoin?

At present Paragon Coin is trading at 0.00003660 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 2,732,240.4%. If we assume Paragon Coin continued to as it has in the last month - with a price change of 46.63% it would take 2.2435927903498 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of PRG is going to take off and increase in price to a higher level we've done the math for you.
In order for Paragon to reach $1.00 it needs to increase in price by a factor of 1.99x. Given its present growth rate of 46.63% per month, it could take just 2.9 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $5.00 it needs to increase in price by a factor of 9.95x. Given its present growth rate of 46.63% per month, it could take just 9.6 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $10.00 it needs to increase in price by a factor of 19.91x. Given its present growth rate of 46.63% per month, it could take just 1.0 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $15.00 it needs to increase in price by a factor of 29.86x. Given its present growth rate of 46.63% per month, it could take just 1.2 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $25.00 it needs to increase in price by a factor of 49.77x. Given its present growth rate of 46.63% per month, it could take just 1.4 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $50.00 it needs to increase in price by a factor of 99.54x. Given its present growth rate of 46.63% per month, it could take just 1.6 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $100.00 it needs to increase in price by a factor of 199.09x. Given its present growth rate of 46.63% per month, it could take just 1.8 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $200.00 it needs to increase in price by a factor of 398.18x. Given its present growth rate of 46.63% per month, it could take just 2.1 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Paragon to reach $300.00 it needs to increase in price by a factor of 597.27x. Given its present growth rate of 46.63% per month, it could take just 2.2 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Paragon Coin a good investment? Is it safe to put my money into PRG?

No, it is not a 'good investment' to buy Paragon Coin, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Paragon Coin as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of PRG - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is Paragon Coin? Interest Over Time

Where is Paragon Coin most popular?

Paragon Coin Development + Team

There are 1 developers coding the source behind Paragon Coin There are no sales or marketing staff on the team which could impede the coin's growth.

Paragon Coin doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for Paragon Coin is lead by JESSICA VERSTEEG,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

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