The thriving cryptocurrency had been bullish from Wednesday, September 21 through today morning before its price started falling today. At press time, the price of PROS had fallen 9.52% to trade at $0.9568 from a daily high of $1.14.
Today’s PROS price drop comes after the the circulating supply of PROS tokens displayed on both CoinGecko and CoinMarketCap has been updated to reflect the true circulating supply of Prosper (PROS) tokens.
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According to a Tweeter per Prosper, the circulating supply update was not an increase in token supply but rather a simple update of the number displayed to include all DEXs LP cash.
To help traders looking to invest in the Prosper (PROS) cryptocurrency, Invezz has prepared this brief guide on where to buy the token.
To learn more, keep reading.
Best Places to Buy Prosper Tokens
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What is Prosper?
Prosper is a non-custodial cross-chain hedging and prediction market platform that pioneered on-chain liquidity aggregation technology. It is based on Binance Smart Chain and Avalanche (AVAX/USD) and uses the Chainlink (LINK/USD) oracle to provide accurate price feeds.
Prosper platform features include prediction insurance, binary liquidity model, on-chain liquidity aggregation and cross-chain support, fiat support, custom pools, DAO governance and mining of prediction.
The platform has a native token called PROS, which is used as a prediction insurance token, a DAO governance token, a commission token, and a premium/subscription token.
Should I buy PROS today?
If you want to invest in a cryptocurrency native to a prediction market and hedging platform, then Prosper might be a good choice.
However, the crypto market is highly volatile and this is already evident with the current price retracement which has seen the price of PROS slip below $1 within hours.
Prosperous Price Prediction
Analysts are bullish that the PROS will hit $2.00 if it breaks through the resistance level at $1.60.
However, this will depend on whether the token recovers from the current retracement that saw it lose its support at $1.49.
$PROS Social Media Trends
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