Parallax has been live on Safetrade for trading for more than a day now, the first day brought some interesting details, some satisfactory others not so much, but for the first day the results seem positive.

LAX had more than 40k$ in volume in its first day trading in Safetrade which is very good for a very young coin, who launched its mainnet only on the 28th of October. It shows that there is a lot of interest in buying and selling LAX. Although the volume was pretty high for the first day, the price rapidly reflected the price already reflected in the other minor exchanges and its varying now from 0.50$ to 0.6$. At 0.6$ it translates to a market capitalization under 500k$, a very low number still.

What was mostly seen during the first day was the rapidly increase in hashrate in the network, right now the hashrate is at 1.30 Th/s and resulted in a difficulty increase which did not translate in miners abandoning the coin still. This is a very good signal, as miners still believe that LAX as much more to give than it currently has.

LAX seems very healthy after its first day trading on Safetrade, if we consider the volume on all the exchanges it is listed, LAX managed to have a volume of over 50k$, nothing compared to what it was seen before launching on Safetrade.

Only good things seem to be coming to LAX, its still the most profitable coin to mine in many new GPUs and continues to attract the attention of many.

You can interact with LAX in the following channels:

Website: https://parallaxchain.org/

Telegram: https://t.me/parallaxchain

X: https://x.com/prlxchain?t=HaYXWzf-Ka6yxZLb0WVstQ&s=09

Discord: https://discord.gg/QygBUemR