The price of Prosper cryptocurrency is down more than 14% today after Prosper announced it had updated its coin stock on Coin Market Cap and CoinGecko. As of going to press, PROS was trading at $0.9305, below a daily high of $1.14.
In a tweetHowever, Prosper clarified that the update did not result in an increase in token supply, but only the displayed number of circulating PROS tokens to include all DEXs LP liquidity.
To help traders who want to invest in Prosper (PROS) cryptocurrency, TBEN has prepared this short guide on where to buy the PROS token.
Read on for more information.
Where to buy Prosper token
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, with over 600. Binance is also known for its low trading fees and a multitude of trading options that its users can take advantage of such as; peer-to-peer trading, margin trading and spot trading.
Buy PROS with Binance today
What is Prosper?
Prosper is a non-custodial cross-chain hedging and forecasting market platform that uses on-chain liquidity aggregation technology.
In addition to its on-chain liquidity aggregation technology, Prosper also borrows from Binance Smart Chain and Avalanche and also uses Chainlink Oracle to provide accurate price feeds to its users.
The Prosper platform offers prediction assurance, a binary liquidity model, on-chain liquidity aggregation and cross-chain support, fiat support, custom pools, DAO governance, and prediction mining.
The native token of the Prosper platform is referred to as PROS and is used as a prediction insurance token, a DAO governance token, a commission token and a premium/subscription token.
Should I buy PROS today?
PROS can be a good buy now that it has updated its coin supply. However, contrary to the expectation of many, the token price has fallen sharply after the update instead of increased.
In addition, the crypto market is extremely volatile and you should proceed with caution.
Prosper price prediction
Analysts are optimistic that PROS will soon break above the $1.60 resistance level despite today’s decline.
However, it will first need to break the $1.49 resistance level before making a dash before the $1.60 level.
$PROS Social Media Trends
Supply Display Update on Coin Market Cap and Coin Gecko
After a few months of community feedback and efforts on our part, the circulating offer of $PROS displayed on Coin Market Cap and CoinGecko have finally been updated and now reflect our real circulating offerings.
— Prosperity (@Prosperpredict) September 21, 2022