Crypto News

$PRIME Surges Over 70% Amid Staking Frenzy For $PROMPT

In the past two weeks, $PRIME has skyrocketed by more than 70%, driven by a combination of Smart Money interest and a strong staking program.

The surge began on September 11, when iCrypto noticed an unusual spike in buying activity from Smart Money investors. Since then, $PRIME has gained 70.89%, breaking through a key resistance level.

One of the major contributors to this price rally is the increased staking of $PRIME to earn $PROMPT tokens. Over 50% of $PRIME’s total supply is currently locked up in staking contracts as investors race to farm $PROMPT.

The @AIWayfinder contract alone has accumulated more than $200 million worth of $PRIME, which is being used to farm 40% of the total supply of $PROMPT. This massive lock-up has reduced the circulating supply, adding to the bullish momentum for $PRIME.

Total Value Locked Primed For Higher Reach 

Market analysts speculate that if the staking contract accepted other currencies like ETH or USDC, the total value locked (TVL) could easily reach 10 figures, reflecting the growing demand for both $PRIME and $PROMPT.

As $PRIME continues to climb and Smart Money keeps flowing in, investors are closely watching the next moves in this high-stakes ecosystem. With such a significant portion of the supply locked up, $PRIME’s scarcity and utility are poised to fuel further gains, while $PROMPT’s growing demand strengthens the overall market appeal.

This upward trend highlights the increasing influence of AI-integrated tokens and staking mechanisms in the crypto space, signaling more opportunities for long-term growth.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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