CandleFocus Giant Animoca Brands Announces Investment in an Altcoin: Incredible Surge in Price Follows
2024-10-09
Author: Content Editor
Game developer Animoca Brands has announced its plans to purchase more PROS tokens from the open market. PROS is a utility token created by Prosper to bring institutional-grade Bitcoin mining power on-chain. The token provides exposure to the Bitcoin hashrate and the broader Bitcoin ecosystem. The current circulating market cap of PROS is $10 million, and its price has increased by 76% following the investment news. Animoca Brands' decision to acquire more PROS tokens showcases its support for Prosper's strategic direction, aiming to enhance the token's utility and integrate it further into the Bitcoin ecosystem. Prosper's goal is to bridge institutional-grade Bitcoin mining power onto the chain to unlock the potential of Bitcoin and offer new opportunities for investors and users.
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