Pandora, the first of the so-called 'ERC-404' tokens, traded as high as $32,000 on Friday morning from a low of $250 in just under a week.
ERC-404 combines the popular ERC-20 and ERC-721 standards - for token issuance on Ethereum and non-fungible tokens (NFTs), respectively - into one that lets developers create fractionalized NFT collections that can be freely traded and used in the open market.
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