Ripae Finance, an algorithmic stable coin currently pegged to the value of 1 $FTM. An Algorithmic Stable Coin (ASC) is a non-collateralized stablecoin tailored for improving price stability. The beauty of algorithmic stable coins is that they are much more capital efficient than their collateralized cousins. Ripae finance will with its experienced teamwork towards expanding this idea of capital-efficient algorithmic stable coin and build on previous iterations to expand the basis of the ecosystem.
What is the highest value Ripae (PAE) has ever reached?
Ripae (PAE) reached its peak price at 1,611.06 $ on 07 February 2022, approximately 4 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Ripae (PAE)?
The minimum price reached for Ripae (PAE) was 0.03163 $, documented on 10 June 2023, more than 2 years ago. In comparison, the current price is 12.21%, it above this historical low.
What is the fully diluted valuation of Ripae (PAE)?
The fully diluted valuation (FDV) of Ripae (PAE) stands at $ 6,465.36. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000 PAE tokens. The realization of this FDV might take several years depending on the emission schedule of PAE tokens.