LC Insight
Saturday, November 14, 2026Read the chain, not the rumors.

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Pearl rose 18% in a day while bitcoin slipped. It is still 37% below its October record

The token of Pearl, a blockchain that pays GPU miners for AI math, climbed from about $1.31 to $1.55 in 24 hours to Saturday, November 14, and is on CoinGecko's trending list. Bitcoin fell 1.6% over the same day.

Illustration: LC Insight

Key points

  • CoinGecko shows PEARL at about $1.55 at 1:03 a.m. ET on November 14, 2026, up 18.3% in 24 hours. It ranks No. 3 on CoinGecko's trending list.
  • The climb was steady rather than one spike: from $1.31 at 1:10 a.m. ET on November 13 to a high near $1.57 at 3:25 p.m. ET, a dip to $1.41, then back to $1.55.
  • PEARL is 37% below its $2.46 record from October 21 and about 11 times its $0.14 low from July 22. Bitcoin fell 1.6% and ether 0.5% over the same 24 hours.

What moved

Pearl describes itself on its CoinGecko listing as a layer 1 blockchain (a base network with its own coin) that uses "proof of useful work": GPUs mine new coins as a side effect of the matrix math used to train and run AI models. CoinGecko files it under AI, layer 1 and proof of work, and also lists a bridged version of the token on NEAR.

The token traded near $1.31 at 1:10 a.m. ET on Friday, November 13. It rose almost every hour through the morning and reached about $1.57 at 3:25 p.m. ET, the top of the day. It then fell back to about $1.41 by 5 p.m. ET before climbing again in the evening. At 1:03 a.m. ET on Saturday it stood at $1.55, up 18.3% in 24 hours.

The wider market did not move the same way. CoinGecko shows bitcoin down 1.6% and ether down 0.5% over the same 24 hours. NEAR rose 1.0% and Bittensor's TAO, another AI token, rose 3.2%.

Where it traded

CoinGecko lists 25 PEARL markets with about $19.0 million of trading in 24 hours. BigONE's two pairs carried about $5.6 million (30%) and Gate about $4.6 million (24%). SafeTrade added $3.2 million, Coinbase $1.75 million and Kraken about $0.45 million.

Trading of the bridged token on NEAR, through Rhea Finance pools and NEAR Intents, came to about $2.0 million, or roughly 11%. This is a breakdown of where the token traded, not a study of who bought.

Cartoon: the mascot inspecting a bar chart, with the LC Insight robot mascot
Illustration: LC Insight

Supply and value

CoinGecko counts about 378.5 million PEARL in circulation out of a maximum supply of 2.1 billion, so about 18% of all coins exist on the market today. That puts the market value at about $585 million (rank No. 91 on CoinGecko) and the value of the full 2.1 billion supply at about $3.24 billion.

The token has had a wild run. It hit its low of about $0.14 on July 22, 2026, then rose to its $2.46 record on October 21. Even after Friday's gain it is down 12.7% over seven days and 9.7% over 30 days.

What we could not check

Our system could not open Pearl's website (pearlresearch.ai) for this story, and we found no official statement explaining the move. We do not know why buying picked up. We will update this story if the Pearl team publishes news.

LC Insight analysis

This section is our reading of the facts above, not a statement of fact.

  • We think a steady climb over many hours, while bitcoin and ether slipped, points to buying focused on PEARL itself rather than a market-wide move. The data does not show who bought. This is not investment advice.
  • Only about 18% of the maximum supply is in circulation, so the value of all coins is more than five times today's market value. New coins mined over time add to the supply that trades.
  • About half of the 24-hour volume ran through two exchanges, BigONE and Gate, so orders there can move the price a lot.

What's next

  • Whether PEARL holds above the $1.41 dip from 5 p.m. ET on November 13
  • Trading volume on BigONE and Gate, the two largest markets
  • Any statement from the Pearl team on X (@prlnet)

Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.

Sources

  1. CoinGecko, Pearl (PEARL) price page (read November 14, 2026, 1:05 a.m. ET)
  2. CoinGecko API, PEARL market data: price, supply, record high and low (read November 14, 2026, 1:03 a.m. ET)
  3. CoinGecko API, PEARL five-minute market chart (read November 14, 2026, 1:05 a.m. ET)
  4. CoinGecko API, PEARL markets and 24-hour volume by venue (read November 14, 2026, 1:05 a.m. ET)
  5. CoinGecko API, trending coins and BTC, ETH, NEAR, TAO 24-hour change (read November 14, 2026, 1:05 a.m. ET)