{"id":13866,"date":"2024-02-15T11:11:34","date_gmt":"2024-02-15T11:11:34","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2024\/02\/15\/pandoras-market-cap-nears-180m-new-erc-404-projects-arise\/"},"modified":"2024-02-15T11:11:34","modified_gmt":"2024-02-15T11:11:34","slug":"pandoras-market-cap-nears-180m-new-erc-404-projects-arise","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2024\/02\/15\/pandoras-market-cap-nears-180m-new-erc-404-projects-arise\/","title":{"rendered":"Pandora&#8217;s Market Cap Nears $180M, New ERC-404 Projects Arise"},"content":{"rendered":"<p><\/p>\n<div data-message-author-role=\"assistant\" data-message-id=\"84816c26-6185-4c62-afda-4f5441858079\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<h2><strong><span data-preserver-spaces=\"true\">New Initiatives Join the ERC-404 Movement<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Several other projects leveraging the ERC-404 token standard are now striving to emulate Pandora\u2019s quick success, including DeFrogs ($DEFROGS), Rug ($RUG), Monarch ($MNRCH), and Froggy Friends ($TADPOLE).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DeFrogs sparkles with a present rate of $723.05 per token and a cumulative market capitalization of $7,689,095. In pursuit, Rug is tagged at $265.62, boasting an aggregate market worth of $2,648,135.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Next up, Monarch is priced at $102.11, valuing the company at $935,948. Froggy Friends, on the flip side, are being snatched up for a reasonable $54.29 each, with its 32.7% value increase suggesting positive prospects.<\/span><\/p>\n<figure id=\"attachment_65480\" aria-describedby=\"caption-attachment-65480\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-65480\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-65480 size-full lazyload\" src=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales.png\" alt=\"pandora's market cap\" width=\"800\" height=\"500\" srcset=\"https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales.png 800w, https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales-300x188.png 300w, https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales-768x480.png 768w, https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales-370x231.png 370w, https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/ERC-404-Token-sales-760x475.png 760w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><\/noscript> Source: CoinGecko<\/figcaption><\/figure>\n<h2><strong><span data-preserver-spaces=\"true\">Navigating Through Rivalry and Challenges\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The emergence of ERC-404 tokens has ushered in a mix of triumphs and hurdles. Being widely embraced in a short matter of time, a comparable concept known as \u2018Divisible NFT\u2019 (<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/nftplazas.com\/ethereum-token-dn404\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">DN404<\/span><\/a><span data-preserver-spaces=\"true\">) soon arrived, boasting a \u201crevamped\u201d approach.<\/span><\/p>\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-5\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"8b9041d7-4655-465e-b3cf-e254abf60dbe\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>Amidst the rivalry with DN404, the demand for streamlined coding to mitigate rising transaction costs associated with ERC-404 tokens is critical.<\/p>\n<p>Ethereum\u2019s mainnet charges have escalated to $11 from $4 since January, significantly influenced by the trading of ERC-404 tokens. The situation was highlighted when a user faced a $113,000 gas fee in a failed bid to take advantage of a newly launched ERC-404 token, spotlighting the urgent need for more effective transaction solutions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script type=\"text\/plain\" data-cli-class=\"cli-blocker-script\"  data-cli-script-type=\"non-necessary\" data-cli-block=\"true\"  data-cli-element-position=\"head\">!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https:\/\/connect.facebook.net\/en_US\/fbevents.js?v=next');<\/script><br \/>\n<br \/><a href=\"https:\/\/nftplazas.com\/pandoras-market-cap\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Initiatives Join the ERC-404 Movement Several other projects leveraging the ERC-404 token standard are now striving to emulate Pandora\u2019s quick success, including DeFrogs ($DEFROGS), Rug ($RUG), Monarch ($MNRCH), and Froggy Friends ($TADPOLE). DeFrogs sparkles with a present rate of $723.05 per token and a cumulative market capitalization of $7,689,095. In pursuit, Rug is tagged [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[16],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftplazas.com\/wp-content\/uploads\/2024\/02\/NFT-Plazas-Blog-Post-template-800-x-380px-2024-02-15T112838.302-scaled.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/13866"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=13866"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/13866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/13867"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=13866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=13866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=13866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}