Prometeus (PROM) is a decentralized protocol designed to address data brokerage challenges in various industries, including healthcare, finance, and social networks. It aims to provide a secure and decentralized platform for data sharing and monetization, leveraging blockchain technology to ensure data integrity and privacy.
Key Features:
Data Brokerage: Prometeus facilitates decentralized data exchange, allowing users to monetize their data without intermediaries.
Privacy and Security: The platform employs advanced encryption techniques to ensure that data transactions are secure and that user privacy is maintained.
Market Performance:
As of the latest data, Prometeus (PROM) is trading at approximately $5.97 USD, with a 24-hour trading volume of around $7.42 million USD. The cryptocurrency has experienced a price decline of about 1.50% in the last 24 hours and a 10.00% decline over the past week. Its market capitalization stands at approximately $109 million USD, with a circulating supply of 18,250,000 PROM tokens.
Trading Platforms:
PROM tokens are available for trading on several centralized exchanges, with Binance being one of the most active platforms. The primary trading pair on Binance is PROM/USDT, which has seen significant trading volumes recently.
Recent Developments:
Binance Futures Listing: Binance Futures launched the USDS-M PROM perpetual contract on January 15, 2025, allowing traders to engage in futures trading with leverage.
Considerations for Investors:
Market Volatility: Like other cryptocurrencies, PROM is subject to significant price fluctuations. Potential investors should exercise caution and conduct thorough research before investing.
Platform Adoption: The value and utility of the PROM token are closely tied to the adoption and usage of the Prometeus platform. Monitoring the platform's growth and partnerships can provide insights into its potential trajectory.
In summary, Prometeus aims to revolutionize data brokerage through decentralization, offering a platform that prioritizes security and user privacy. Its market performance reflects typical cryptocurrency volatility, underscoring the importance of informed investment decisions.
