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What is the highest price of PROS currency List of the highest
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Date:2024-08-02 18:07:37 Channel:Crypto Read:
Historical High Price of PROS Currency and Future Outlook
In today's ever-changing digital currency market, PROS currency (PROS Token), as an emerging crypto asset, is gradually attracting the attention of investors. As more and more people begin to understand and invest in digital currencies, the price fluctuations of PROS currency have also become a hot topic of discussion. In this article, we will take a deep look at the historical high price of PROS currency, analyze the reasons behind it, and possible future trends.
PROS currency is a crypto asset based on blockchain technology that aims to provide users with decentralized financial services. Its unique design and application scenarios make it stand out among many digital currencies. In order to better understand the market performance of PROS currency, we need to start with its historical high price and explore the market dynamics behind it.
Secondly, the overall atmosphere of the market also has an impact on the price of PROS currency. In 2021, the entire crypto market experienced an unprecedented bull market, and the prices of many digital currencies hit record highs. In such a market environment, investors' risk appetite has increased and they are willing to try more emerging assets, and PROS currency naturally benefits from this. Therefore, the combination of market enthusiasm and technical support has caused the price of PROS currency to soar to an all-time high in a short period of time.
However, over time, the price of PROS currency has also experienced violent fluctuations. After reaching its all-time high, the market gradually returned to rationality, and many investors chose to take profits, resulting in a price correction. This phenomenon is not uncommon in the cryptocurrency market. Many digital assets often face pressure for price adjustments after experiencing rapid increases.
When analyzing the price fluctuations of PROS currency, we also need to pay attention to the overall trend of the market. Although the price of PROS currency has fluctuated in the short term, it still has great potential for growth in the long run. As more and more companies and individuals begin to accept and use cryptocurrencies, market demand is expected to continue to grow. In addition, the decentralized financial services provided by PROS currency will also bring it more application scenarios, further promoting its value.
In this market full of opportunities and challenges, the performance of PROS currency is undoubtedly worthy of our continued attention. Although its price has experienced fluctuations, in the long run, PROS currency still has broad development prospects. Through the analysis of the historical highest price, we can more clearly understand the dynamics of the market and provide a reference for future investment decisions.
In short, the historical highest price of PROS currency is not only an important indicator of its market performance, but also an entry point for us to understand the entire digital currency market. As the market continues to develop, we expect PROS currency to stand out in the future competition and achieve a greater leap in value. Whether as an investor or an ordinary user interested in digital currency, a deep understanding of PROS currency and its market dynamics will provide us with more thinking and inspiration in this rapidly changing field.
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As we all know, the current prediction market in the currency circle cannot support user-defined capital pools. It still lacks certain liquidity and may be limited to a single blockchain. The Prosper project we are going to introduce to you today was born to solve this problem. It supports users to have customized pools, and it will also adopt a very unique prediction insurance system that can support cross-chain and at the same time, it also has a liquidity plan for stable currency income. Now many investors want to know how high the price of PROS coins has risen? Let the editor of the currency circle bring you a list of the highest prices of PROS coins in history.
How high has the price of PROS coins risen?
According to the investigation of the editor of the currency circle, the historical highest price of PROS coins is US$9.8999, which appeared on February 3, 2021, and the historical lowest price is US$0.3069, which appeared on January 16, 2021.
At present, the Prosper smart contract generates 31 pools every day: 24 1-hour pools, 6 4-hour pools and 1 24-hour pool. Pool -
A single prediction market at a determined price within a determined timeframe. Take the timeframe of a one-hour pool as an example: "In 1 hour from now, the price of Ethereum will be 400".
Each pool has only two sides: long and short. On the long side, at the end of the buffer period, the price will be higher than the price initially set. On the short side, at the end of the pool period, the price will be lower than the price initially set.
Users can participate in predictions by betting on bulls or bears. Multiple bets on either side are supported. The bet acceptance period for each pool is different: 30 minutes for a one-hour pool, 120 minutes for a four-hour pool, and 240 minutes for a twenty-four-hour pool. The initial price of each pool is automatically determined based on moving averages and other technical analysis.
The winning side of each prediction pool, i.e. the user who placed the bet, will share the bets of the losing side in proportion. For example: "A user bets 1ETH on the bull side in a 1-hour timeframe, with the condition that the ETH price is above 400. At the end of the bet acceptance period, the ratio between longs and shorts is 1:3 or 10ETH, with 30ETH on the long side. Assume that at the time of the pool trigger, the ETH price is $405. This means that the long side wins the pool. In this case, the user will receive (1/10) of the total pool (equal to 30ETH) — 10% (3ETH) on top of his betting earnings. The reward can only be claimed within 48 hours. Once 48 hours have passed, the user will not be able to claim the bonus.
PROS coin project full introduction
Prosper's fee rate is 5% of the winning side, and users can reduce fees by using PROS as payment. The tokens received by the Prosper Foundation as fee compensation will be destroyed every quarter. In addition, users can eliminate platform fees by paying monthly in PROS tokens, which will also be destroyed.
Betting Insurance
If users hold a certain number of PROS tokens, they are eligible for the betting insurance program, but it is not automatic. Every time you bet, you must lock up the tokens that have been used for insurance for 14 days. This creates PROS demand and ensures equality for all users.
Custom Pools
Users must pay a certain number of PROS tokens to make predictions. PROS received from custom pools will become the main part of quarterly token destruction.
Betting Leverage
In the betting leverage function, users who are willing to use their bets need to send a request to utilize the pool and pledge $PROS tokens and pay the $PROS interest rate.
The above content is a detailed introduction of the historical highest price of PROS coins by the editor of the currency circle. In fact, the Prosper project has always put security at the top of his consideration. The project was launched on February 3, 2021 with a unique prediction insurance. At that time, the project already had many partners and supporters. Users of the platform can use the platform's central service token PROS coin in many fields. Many times, lack of liquidity has become a problem in the cryptocurrency prediction market. The Prosper project was born to solve this problem. It uses a binary model based on liquidity to solve this problem, and the expected value of its liquidity providers is always positive.
First, let's look at the historical high price of PROS currency. According to market data, the highest price of PROS currency appeared in May 2021, reaching a staggering XX US dollars (the specific price varies depending on market fluctuations). The emergence of this price has attracted widespread attention, and many investors have flocked to the market to try to share this wave of gains. At the same time, discussions on social media have also reached a climax, with many investors sharing their investment strategies and market insights on forums and social platforms.
Behind this wave of growth, in addition to the enthusiasm of the market, there are also multiple factors working together. First, the technical infrastructure of PROS currency has been widely recognized. Many analysts pointed out that the PROS project team has invested a lot of resources and energy in technology development to ensure the efficiency and security of its platform. This technical advantage has won PROS currency a good reputation in the market and attracted more investors.
In addition to the growth of market demand, the community building of PROS currency is also an important factor in its future development. An active and loyal community can provide support and impetus for the project. The PROS project team has performed quite well in this regard. By holding online and offline activities, community discussions and other methods, it actively interacts with users and enhances the cohesion and activity of the community. This positive community atmosphere not only enhances the user's sense of participation, but also lays the foundation for the long-term development of the project.
Looking to the future, we can foresee that PROS currency will continue to attract market attention. With the continuous advancement of technology and the expansion of application scenarios, PROS currency is expected to achieve greater breakthroughs. At the same time, investors should also remain rational when participating in the market and try to avoid impulsive decisions due to short-term fluctuations. Rational investment strategies and in-depth market analysis will be the key to success.
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