Prom

Prom Price PROM

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Prom Price Overview

The current Prom price is 4.960000 €. The price has changed by -4.63% in the past 24 hours on trading volume of 4003778.23 €. The market rank of Prom is 442 based on a market capitalization of 90854631.00 €. Prom has a circulating supply of 18250000.00 PROM. The highest recorded Prom price is 87.380 €. And the lowest recorded PROM price is 0.080417000 €.

How do Prom price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

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Analysing Prom’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Prom matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Prom chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Prom

Many factors affect the value of Prom.

The Prom exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Prom and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Prom in the news, monitor PROM on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Live Prom value and market cap

The live Prom exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Prom is equal to the value of Prom multiplied by the number of Prom in circulation.

What payment methods can I use to buy Prom

What can you do with your Prom?

Buy Prom with euros

Access Prom tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Prom

Swap some or all of your Prom for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Prom

Use the Prom you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Prom for euros

Simplify your life with the Web3 wallet that lets you sell your Prom for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Prom

With Prom, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Prom at competitive interest rates.

Hold your Prom

Your Prom tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

COMPARABLE MARKET CAP

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Prom Price FAQ

What factors influence the price of Prom?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Prom tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Prom in EUR?

Prom price history shows that Prom has recorded a peak value of 87.380 €.

What is the current price of Prom in EUR?

Prom is available for immediate purchase at Kriptomat. The current price is 4.960000 €.

Price performance

All time high
The highest price ever reached by a cryptocurrency.
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All time low
The lowest price ever reached by a cryptocurrency.
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24h Low
24h High
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1 Week ago
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1 month ago
-13.78%
6 months ago
1 Year ago