PROM (Prom) rose 11.72% in the last 24 hours.

Gate News Bot news, August 12, according to CoinMarketCap data, as of the time of writing, PROM (Prom) is currently priced at $9.67, with a rise of 11.72% in the last 24 hours, reaching a high of $9.85 and a low of $7.64, with a 24-hour volume of $12.6 million. The current market capitalization is approximately $176 million, an increase of $18.5 million compared to yesterday.

PROM is a high-performance scalable network based on Polygon CDK. PROM utilizes zkSNARKs technology to reduce transaction costs, providing users with an affordable blockchain solution. The network achieves fast transactions and scalable dApp development through Polygon CDK. PROM uses ZK proofs to ensure transaction security and data integrity. The project adopts a community-driven governance model, promoting development through on-chain decisions and transparent governance. $PROM is the native token of the PROM ecosystem, used for transactions, governance, and incentivizing community contributions.

Recent important news about PROM:

1️⃣ Collaborating with Fandom to Drive Digital Culture Innovation Prom has reached a strategic partnership with Fandom, aiming to innovate the digital cultural field through NFT and Web3 technology. This collaboration will bring more application scenarios and user groups to Prom, which is expected to drive the demand rise for the PROM token.

2️⃣ Integrate NADA protocol to strengthen the GameFi ecosystem Prom has recently integrated the NADA protocol, which will significantly enhance its competitiveness in the GameFi sector. The addition of the NADA protocol introduces new gaming financial applications to the Prom ecosystem, with the potential to attract more developers and users.

3️⃣ Daily rise leads the market PROM has performed strongly recently, with a single-day rise reaching 42.6%, standing out among many cryptocurrencies. This significant rise reflects the market’s positive expectations for the development prospects of the Prom project.

From a technical perspective, PROM has broken through several important resistance levels, showing strong short-term momentum. However, investors should remain cautious of the potential pullback risks that may arise after a rapid rise.

This message is not intended as investment advice; investors should be aware of market volatility risks.