Pandora Token Surpasses $22,900 Momentarily

On February 8, the price of the Pandora token, based on the experimental ERC-404 standard, reached $22,920. At the time of writing, the price had adjusted to $21,800, according to CoinGecko.

Analysts at Lookonchain noted that in the past 24 hours, an unknown whale spent 395 ETH ($958,000) to purchase 67.2 Pandora.

The price of #Pandora(#ERC404 token) just rose over $20,000!

We noticed a whale spent 395 $ETH($958K) to buy 67.2 #Pandora at $14,296 in the past 24 hours. https://t.co/tQYCF7W63h pic.twitter.com/TLiC4ifqUa

— Lookonchain (@lookonchain) February 8, 2024

The total number of coin holders currently stands at 1,428 users, according to Etherscan.

The ERC-404 standard is a hybrid implementation of ERC-20/ERC-721, where purchasing a coin also automatically adds an NFT to the wallet.

Previously, ForkLog reported that a significant rise in Pandora’s value brought a trader approximately $1.2 million in two days.