$PRIME Skyrockets 70% in Two Weeks, Driven by Smart Money Interest and Strong Staking Program

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.

Over the past two weeks, $PRIME has skyrocketed by more than 70%, thanks to 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.

Now, the price of $PRIME has broken a key resistance level. Will it keep rising?

iCrypto’s signals spotted the Smart Money buying $PRIME on Sept 11. After that, the price of $PRIME went up 70.89%.

Now, the price of $PRIME has broken a key resistance level. Will it keep rising?

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.

$PRIME has been my #1 pick for quite a while now. 50%+ of supply is locked for $PROMPT, team is A1 and product keeps delivering. This will be a top 50 token and $50/coin is in sight. Consolidation before $20+ move. pic.twitter.com/tqzEw3imYf

— WLinvestment (@WLinvestment) September 25, 2024

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.

There is over $200M in $PRIME deposited in the @AIWayfinder contract farming 40% of the supply of $PROMPT

If the contract took any other currency, such as ETH or USDC, this TVL number would likely be in 10 figures

Believe in something pic.twitter.com/KlM2TZmg2e

— AiRev // (@ParallelAiRev) September 26, 2024

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 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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