PROM Token Jumps 10.23% Amid NFT Buzz and Bullish Technicals, Trading Volume Hits $7M
PROMUSDT experienced a notable 24-hour price increase of 10.23% on Binance, rising from 5.580 to 6.151. This upward movement appears to be driven primarily by positive sentiment in social media discussions related to NFT market developments and technical analysis, despite the absence of major news coverage or inclusion in top-performing crypto lists. The market is characterized by moderate volatility, with a bullish sentiment reflected in a Fear & Greed Index of 66 and a 14-day RSI of 59.15, though technical forecasts suggest a potential short-term decline. Trading volume for PROM stands at approximately $7.02 million, with a market cap between $72.17 million and $97.18 million, and a circulating supply of 18,250,000 PROM. Overall, the recent price surge is attributed to localized optimism and technical trading activity rather than broad market catalysts, while the asset continues to exhibit high volatility and relatively low social engagement.