here is the information about Perpetual Protocol (PERP) today, September 11, 2023, at 04:56:42 PST:
Price: $0.742284 USD
24-hour trading volume: $133,406,768 USD
Market capitalization: $48,398,319 USD
Circulating supply: 66,002,157 PERP
Rank: #353
PERP is down 17.70% in the last 24 hours. The coin has been on a downward trend since reaching an all-time high of $8.17 on September 7, 2023.
The main reason for the recent decline in PERP price is the overall sell-off in the cryptocurrency market. Bitcoin, the world's largest cryptocurrency, has also been declining in recent days.
Despite the recent decline, PERP is still up significantly from its price of $0.20 at the beginning of the year. The coin has a lot of potential and could continue to grow in the future.
Here are some of the factors that could affect the price of PERP in the near future:
The overall performance of the cryptocurrency market
The release of new features and products by Perpetual Protocol
The adoption of PERP by institutional investors $PERP