PRIME (Echelon Prime) rose 13.37% in the last 24 hours

Gate News Bot news, July 31, according to CoinMarketCap data, as of the time of writing, PRIME (Echelon Prime) is currently priced at $2.28, with a rise of 13.37% in the last 24 hours, reaching a high of $2.44 and a low of $1.96, with a 24-hour volume of $16.6 million. The current market capitalization is approximately $81.6 million, an increase of nearly $9.63 million compared to yesterday.

Echelon Prime is a platform that enables games to utilize blockchain features. The project is advancing web3 game development through frictionless and compelling PRIME token utility to enhance the gaming experience. Parallel TCG is just the beginning, and Echelon Prime invites developers to build with them, taking gaming to a new level.

Important news about PRIME recently:

1️⃣ Morpho launches Morpho Prime, which may promote the development of the PRIME ecosystem Morpho recently launched the Morpho Prime product, which may bring new development opportunities for the PRIME ecosystem. The launch of Morpho Prime is expected to enhance the application scenarios of PRIME in the DeFi field, potentially attracting more users and developers to participate in the construction of the PRIME ecosystem.

2️⃣ Institutional investor OTC Bitcoin trading demand increases, which may indirectly benefit PRIME Institutional investors have seen a significant rise in demand for over-the-counter (OTC) Bitcoin. This trend reflects an increased confidence from institutions in the cryptocurrency market, which may indirectly boost investment enthusiasm for crypto assets like PRIME, providing support for the price of PRIME.

3️⃣ The DeFi protocol Goldfinch launches Prime Pool, which may promote the application of PRIME in the DeFi field The DeFi protocol Goldfinch has launched the Prime Pool product, which may open new channels for the application of PRIME in the decentralized finance space. The launch of Prime Pool is expected to increase the liquidity and use cases of PRIME, potentially boosting its market capitalization.

From a technical perspective, the PRIME price has continued to strengthen after breaking through the $2 mark, showing a rising trend in the short term. However, investors still need to closely monitor the overall market trends and changes in the project’s fundamentals, and carefully assess investment risks.

This message is not an investment advice, and investors should be aware of market volatility risks.