PARSIQ (PRQ) is a blockchain-based monitoring and automation platform designed to bridge on-chain data with real-world applications. As decentralized ecosystems grow in complexity, tools like PARSIQ become essential for tracking transactions, triggering automated actions, and enabling real-time responses to smart contract events. Built initially on Ethereum, PRQ serves as the native utility token powering this innovative Web3 infrastructure.
This comprehensive overview dives into the current price dynamics, market performance, technical indicators, token distribution, and long-term outlook for PARSIQ—offering investors and developers valuable insights into one of the niche but strategically important projects in the blockchain analytics space.
Current Price & Market Performance
As of today, the live price of PARSIQ (PRQ) stands at **$0.0251**, reflecting a **+2.99% increase** over the past 24 hours. The coin opened the day at $0.0246 and briefly dipped to $0.0242 before regaining momentum. While still far from its historical peak, PRQ shows signs of consolidation within a volatile market landscape.
The 24-hour trading volume amounts to $12,196, with 486,514 PRQ tokens traded across 8 major exchanges. Despite relatively low volume compared to larger-cap cryptocurrencies, PARSIQ maintains consistent presence in analytics and infrastructure-focused portfolios.
52-Week Range & All-Time High
- 52-week low: $0.0139
- 52-week high: $0.3795
- All-time high (April 12, 2021): $2.45
- Current price is down ~89.7% from its ATH
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Market Capitalization & Supply Overview
PARSIQ currently holds a **market cap of $7.7 million**, ranking it around #907 among all cryptocurrencies. This valuation is based on its **circulating supply of approximately 308 million PRQ tokens**. If total supply were fully in circulation, the market cap would reach $7.8 million.
Despite its modest size, PARSIQ ranks notably within specialized categories:
- Analytics: #10
- Web3 Infrastructure: #69
- Smart Contract Platforms: #63
- Business Services: #14
These rankings underscore its relevance in the growing field of blockchain observability and automation.
Tokenomics & Wealth Distribution
The initial token allocation for PRQ was structured as follows:
- Public Sale (Tokens Sold): 50%
- Team: 7.5%
- Reserves: 25%
- Partnerships & Advisors: 7.5%
- Marketing: 10%
This balanced distribution suggests a focus on long-term development and ecosystem growth rather than short-term speculation.
Holder Concentration
Wealth distribution reveals a high degree of centralization:
- Top 1–10 wallets: Hold 82.40% of the total supply (411.99 million PRQ)
- Wallets 11–100: 10.55%
- Wallets 101–1000: 5.42%
- Remaining holders: 1.63%
While some top addresses may belong to exchanges, such concentration can pose risks to price stability and decentralization—factors worth monitoring for potential investors.
Historical Performance & ROI
PARSIQ launched via an ICO in September 2019 at a price of $0.0276 per PRQ**, successfully raising **$3 million. Since then, the journey has been highly volatile.
Key Historical Milestones
- Sep 21, 2019: Token launch on Ethereum
- Nov 4, 2019: Strategic partnership with Binance announced
- Dec 10, 2019: Mainnet beta release
- Apr 12, 2021: Reached all-time high of $2.45
- 2025: Experienced significant downturn from $0.256 to $0.014
An investment of $100 during the ICO would now be worth about **$90.92, representing a slight loss (-9.08% ROI). Over the last year alone, PRQ has seen a -70.14% return, with volatility exceeding 156% annually**—indicating extreme price swings.
Technical Analysis: Indicators & Moving Averages
Based on daily price data, here’s a snapshot of key technical indicators:
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 60.21 | Neutral |
| CCI (20) | 35.79 | Neutral |
| ADX (14) | 59.62 | Sell |
| SMA (50) | $0.0270 | Sell |
| EMA (200) | $0.0800 | Sell |
Multiple moving averages—especially longer-term SMAs and EMAs—are above the current price, reinforcing a bearish trend. However, short-term indicators like RSI suggest the asset may be stabilizing after recent declines.
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Use Case & Ecosystem Development
PARSIQ operates as a real-time blockchain monitoring engine that automates responses to on-chain events. Its core features include:
- Real-time alerts for wallet activity
- Automated smart contract triggers
- Integration with off-chain systems (e.g., APIs, email, bots)
- Support for multiple blockchains including Ethereum, Solana, and Algorand
Developers use PARSIQ to build “smart automations” without managing node infrastructure—similar to IFTTT or Zapier for blockchain.
Recent developments include:
- Phase 2 of staking program launch (May 2025)
- Listing on CryptoCom exchange
- Expansion into gaming and DeFi analytics
Frequently Asked Questions (FAQ)
Q: What is PARSIQ (PRQ) used for?
A: PRQ powers the PARSIQ platform, enabling users to monitor blockchain activity and automate actions based on specific triggers—such as receiving alerts when a wallet makes a transaction or executing trades automatically via integrations.
Q: Where can I buy PARSIQ (PRQ)?
A: PRQ is available on several exchanges including KuCoin and CryptoCom. Always verify supported pairs and liquidity before trading.
Q: What was the PARSIQ ICO price?
A: The initial coin offering (ICO) price was $0.0276 in September–October 2019.
Q: What is the all-time high price of PRQ?
A: PARSIQ reached its highest price of $2.45 on April 12, 2021.
Q: Is PARSIQ built on Ethereum?
A: Yes, PRQ is an ERC-20 token launched on the Ethereum blockchain, though the platform supports cross-chain monitoring.
Q: How many PRQ tokens are in circulation?
A: Approximately 308 million PRQ are currently in circulation.
Future Outlook & Resistance Levels
For a potential upward movement, technical analysis suggests PRQ must first hold above the critical support level of $0.0139. Key resistance levels to watch:
- First resistance: $0.0477 (+90% from current price)
- Second resistance: $0.0719 (+187%)
- Third resistance: $0.0910 (+263%)
Breaking through these levels would require sustained buying pressure and likely coincide with major product updates or exchange listings.
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Final Thoughts
PARSIQ remains a specialized yet impactful player in the blockchain monitoring space. While its market cap and trading volume remain modest—and price performance has lagged since its 2021 peak—the underlying technology addresses a growing need in Web3: seamless interaction between decentralized networks and external systems.
For developers and forward-thinking investors, PARSIQ offers utility beyond speculation. However, given high holder concentration and ongoing bearish momentum, cautious evaluation is advised.
As the demand for blockchain observability grows alongside DeFi, NFTs, and AI-driven automation, projects like PARSIQ could see renewed interest—especially if adoption expands across new ecosystems and developer platforms.
All information accurate as of latest market data; always conduct independent research before investing.