Analysis of PROMPT/USDT (Perpetual Binance)

Date: April 11, 2025

1. Price Performance:

• Initial Price (Low 24 hours): $0.1636

• Highest Price (High 24 hours): $0.4844

• Last Price: $0.4460

• Daily Increase: +172.62%

PROMPT shows an extraordinary price spike on its first day of listing in the perpetual market Binance. The increase of nearly 3x in 1 day reflects the enthusiasm and FOMO (fear of missing out) from traders.

2. Trading Volume:

• PROMPT Volume: 3.10 Billion

• USDT Volume: 989.98 Million

This very high volume indicates significant interest from traders, both short-term speculators and medium-term investors.

3. Market Sentiment:

• Order Book:

• Bid side (Buy): 58.18%

• Ask side (Sell): 41.82%

The buyer dominance rate shows that there are still many traders who are optimistic that prices can go even higher.

Conclusion:

PROMPT displays super bullish characteristics on the first day of listing. Patterns like this often occur with coins that:

• Have significant hype

• Exclusive listing on Binance Perpetual

• Strong community potential & narrative

Strategic Notes:

• If you want to ride the momentum, it's important to monitor high volatility.

• Use strict risk management, as prices can sharply correct after a big spike.

Ideal for short-term scalping or entry after a healthy pullback.