Since its inception on February 5, the inaugural ERC-404 Pandora token ($PANDORA) has ignited considerable attention, with its current market valuation edging towards $180 million.
The ERC-404 framework amalgamates the ERC-721 (unique) and ERC-20 (interchangeable) protocols. This fusion facilitates partial ownership of NFTs, wherein possessing fractions of a token could culminate in the assembly of a complete NFT, potentially resulting in a distinct one upon amalgamation.
As per CoinGecko statistics, the token's market cap presently registers at $176,321,562. Exhibiting a 24-hour trading volume of $24,535,317 and an average valuation of $17,485.16, it continues to attract noteworthy attention from investors and traders alike.
Nonetheless, it's imperative to acknowledge the token's price volatility since its inception. On February 9, Pandora achieved a remarkable pinnacle: its total valuation surpassed the $300 million milestone, accompanied by a trading volume of $71,542,503.
