PROM is a decentralized framework and cryptocurrency that enables users to store and exchange data as well as to buy, sell, and trade non-fungible tokens. The PROM ecosystem features various P2E games and a trading mechanism for NFTs that enable users to earn money.
PROM, a zkEVM (zero-knowledge Ethereum Virtual Machine) allows different blockchains to communicate, share data, and transfer assets across their network. The main advantage of it is that it allows different blockchains to work together. This not only improves the trading but also the overall user experience.
What is $PROM?
The $PROM is the currency that powers the Prom zkEVM ecosystem. The PROM has a lot of use cases in its ecosystem. Here, we are going to look at a few of them to further understand the PROM coins.
- Governance: The PROM holders are given special privileges within the network. They can even participate in major decision-making processes of the platform.
- Transaction: The PROM token is the native currency of the PROM zkEVM platform. It facilitates high-speed transactions and contract interactions.
- Accessing the network: In order to access the network and enjoy its various services, the users need to have PROM tokens.
How to Buy $PROM?
If are you looking for a way to buy the $PROM coins, then you have come the right way. Let’s see how to proceed.
- Choose an exchange: First, you have to choose an exchange that supports PROM. Before fixing one, thoroughly research it to avoid any scams.
- Fixing your budget: Before you start trading, you need to have an exact idea of how much you are willing to invest. This is a crucial part of the trading process and needs to be thought out carefully.
- Buying the coin: Now, go to the chosen exchange, browse for the PROM coins, and specify the number of coins you wish to buy. For the payment method, you can choose debit or credit cards, or direct bank transfer.
- Payment: After double-checking the information given, confirm the payment.
After making the payment, the coins will be credited to your crypto wallet, the details of which you provided in the exchange.
PROM Coin Current Market Analysis
The PROM coin has been doing pretty well lately in the market. With an upward monthly rate of 13.41% in the last month, the PROM coin’s market value has reached $5.60. With a weekly increase rate of 3.66%, the coin is slowly but steadily gaining momentum in the market.
With a circulating supply of 18.25 million PROM coins, the current market capital of the coin has almost reached the $100 million mark. With the coin’s upward rate indicating signs of a bullish trend, experts believe that the coin will cross this mark sooner rather than later.
PROM Coin Price Prediction
The PROM coin has surely come a long way since its launch in 2019. With a weekly upward rate of 3.66% and a monthly rate of 13.41%, the coin is slowly gaining momentum in the market.
With the coming bull run, experts are predicting that the coin’s market value will increase exponentially making it one of the top dogs in the crypto market. They are claiming that the coin will cross its $50 mark by 2030.
Now, let’s take a look at the below table which showcases the price prediction of the PROM coin for the years to come.
| Year | Price |
|---|---|
| 2024 | $ 7.45 |
| 2025 | $ 19.75 |
| 2026 | $ 25.65 |
| 2027 | $ 34.54 |
| 2028 | $ 43.86 |
| 2029 | $ 47.81 |
| 2030 | $ 52.74 |
Is PROM a Good Investment?
Now, time for the main question. Let’s discuss the future of the PROM coin and its potential growth in the market. The PROM coin is a fairly new coin in the crypto market. Since its launch in 2021, the PROM coin has grown exponentially. Now the coin is currently ranked #359 in the world of cryptocurrency.
This ranking is no joke. With the coin now showing a bullish trend with no intention of slowing down, experts are claiming that the coin will experience a rapid surge in the coming days.
With the future of the coin looking bright, it can be said that the PROM coin is a good investment, but there is always a catch when it comes to the crypto world. The market has an important role to play in determining the price of a coin. So, there is a high chance that even though the coin is performing well now, it may not continue to do so in the future.
Conclusion
The PROM coin is a relatively new coin, which has been on a run in the market since last month. The PROM is a digital platform that offers gamers a place to trade, collect, and earn digital assets by engaging in various play-to-earn games and trading.
With the coin’s price rising day by day, many users have already considered investing in it. If you’re planning to do the same, please keep in mind the volatility of the crypto market. Also, don’t forget to conduct thorough research about the coin and also about its potential use cases in the future.
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