PANews stated that the PEARL token price fell by more than 35%over days, with diverging miner revenues leading to a network-wide hash-rate decline. The project also faces risks including insufficient AI computation, token selling pressure, and mining-pool concentration.
BlockBeats, citing CoinGecko, reports that PEARL fell from approximately 2.44 USD days ago to October 27 approximately 1.82 USD, a decline of approximately 25.4%. Based on the hash rate and price estimates in the article, 20 series and 30 series graphics cards still have theoretical output, but electricity and other costs are not included.
According to a repost by the Telegram channel PANews, a Blockworks research report raises four risk-related questions concerning PEARL's token inflation, revenue settlement method, and computing-power security.
BlockBeats stated that PEARL is trading at 2.01 USD,24-hour gain exceeds 5%, with monthly gains of 82.2%, and a market capitalization of approximately 702000000 USD. The report mentioned that Coinbase had previously added it to its listing roadmap.