Is Prometeus Token (PROM) a Scam or Not? Detailed Analysis & Review In 2023.

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In this article, we are going to do our analysis and review of Prometeus Token. This is what will be covered in this article:

  • What’s a PROM Token?
  • What Makes Prometeus Token So Special?
  • Founders, Team, and Roadmap of PROM Token
  • Prometeus Token Price Forecast and Growth Potential for 2023 and Beyond
  • Tokenomics: PROM Token
  • Prometeus Token —Final Conclusion.

This analysis and review of PROM Token is completely based on the fundamentals as mentioned above. Make sure to share and read the whole article to understand our analysis of Prometeus Token.

There are more than 17,000 cryptocurrencies in the market today. It’s very difficult for newcomers to crypto to decide which crypto to invest in and which to avoid. That’s why we are going to review PROM Token today.

Fundamentals is Indeed the Most important Thing for a project, Everything else comes after that. Whether it be technical analysis or price predictions. We have done quite a few reviews of other crypto as well, check it out here.

So, let’s begin


What’s PROM Token all about?

The Prometeus Network is free and open-source software that is available to anybody who wants to use it. A new generation of data markets powered by Prometeus Network, which brings new ways to connect with data and benefit from it, is gaining traction today. We operate on a peer-to-peer approach that allows us to operate across all borders and jurisdictions.
Using blockchain technology, Prometeus Token are creating an infrastructure that will allow individuals to engage freely and worldwide without fear of being censored. It makes it possible to buy and sell data in a secure and decentralized manner. It is completely free to join and use, and it is not owned or controlled by any one entity or entity group.

It presents itself as a secure, decentralized environment that tries to address real-world data broking concerns by utilizing blockchain technology. This network was built by Prometeus Labs, which is a data science and entrepreneurial company.


Overview of the PROM Token platform’s features

Security and privacy are important considerations.

There is no requirement for a Know Your Customer (KYC) or any other type of personal identification. All data is secured throughout the uploading process to our dependable and secure distributed data storage system. No one can have access to it if the purchase data is not provided.

Defiant in the face of censorship

Because of the nature of the Prometheus Network, no data can be filtered: any sort of filtering is impossible by definition. The administration of our community’s reputation is in the hands of our self-regulating community.

Immutable

The data in the Prometeus network is stored on a distributed data storage system that is available at all times. All value is distributed across the network in a sustainable and transparent manner thanks to transparent business logic built on top of Smart Contracts. A public blockchain is a decentralized database that keeps all transactional data in an immutable way.


Ratings

  • Concept – Great
  • Fundamentals – Strong
  • Scam Index – Less Likely

Summary

Prometeus Token is a solid project based on the bsc chain and ethereum Blockchain and is building a decentralised platform for data monetisation. The fundamentals look solid for PROM Token and it has great potential for growth in 2023 and beyond. DeFi industry is continously growing which Prometeus Token is building on as well.


Founders, Team, and Roadmap of PROM Token

Prometeus Token has a brilliant team and has been backed by many exchanges as well, such as the Bittrex.. CRTS has experts on their team who are developing the Cratos Token (CRTS) Platform. could potentially have exponential growth in the near future. Below are the details of the team of PROM Token.

Vladislavs

Chief Business Development Officer

Iva

Chief Operating Officer

Won

Chief Strategy Officer

Loic

Chief Marketing Officer

Charlotte

Head of Partnerships

Mitch

Head of Marketing


Prometeus Token Price Forecast and Growth Potential for 2023 and Beyond

Prometeus Token has a lot of potential for upcoming upgrades and developments in 2023 and upcoming years as well. this crypto PROM Token is a solid crypto which has the potential to grow exponentionally in the long term. Have a look at the image below for a more detailed road map.

While we believe that Prometeus Token, a decentralised based cryptocurrency can reach new all time highs in long term and is undervalued and the price potential in upcoming years is huge, the upcoming years look great for PROM Token.


Ratings

  • Team – Great
  • Roadmap – Strong
  • Future Price Potential – High

Summary

Prometeus Token has been backed by many crypto ventures, several partners like ankr and sia coin and many others as well, being in the Defi project which is trend of the crypto market with solid team. the future looks great for PROM Token token because of strong fundamentals. Prometeus Token is a building that could be big for the world. While small corrections are expected in the short term, no major corrections are expected in the long term, leaving PROM Token bullish for upcoming years.


Tokenomics

Prometeus Token is currently trading at about $8.42 and is down around 4.13% in the last 24hrs with a volume of around 43,93,583   $ Prometeus Token has a market cap of approax $13,85,72,403 

The total number of PROM Token coins in circulation is 1,64,50,000 PROM Token, while the total number of coins in circulation is not available.


Overall Ratings

  • Concept – Great
  • Fundamentals – Strong
  • Team – Great
  • Scam Index – Less Likely

Conclusion

Prometeus Token is targeting the Defi industry with their products and services, and that’s why we believe it has everything that will lead to a successful cryptocurrency in the market. With upcoming advancements and upgrades, PROM Token has the potential to grow exponentially in the upcoming months and years. Based on our research and analysis, we expect PROM Token to perform well in upcoming months and years.


FAQs

Is PROM Token a scam or not?

Absolutely not. Prometeus Token is a great commmunity driven and has been backed by many exchanges like binance and which is the biggest in the world and media coverage is also great.


Where to Buy PROM Token ?

Currently, the best exchanges to buy Prometeus Token are binance , CoinTiger,, DigiFinex, and Crypto.com Exchange. PROM Token is available on many well known crypto exchanges.


Is Prometeus Token a Good Investment for 2023?

Based on our analysis, PROM Token is expected to perform great in 2023 and upcoming years as well.


How Much Price Growth Can Expect from Prometeus Token in 2023?

Based on fundamentals, the PROM Token price is expected to hit 13$ in 2023.


Can Prometeus Token have exponential Growth in 2024?

According to fundamentals, the Prometeus Token token is expected to reach 20$ in 2024.


What is the Price Prediction for Prometeus Token in 2025?

Prometeus Token is expected to reach $28 in 2025, according to fundamental analysis.


How much is Prometeus Token expected to Rise in 2026?

Prometeus Token is expected to reach 40$ in 2026, according to fundamental analysis.


Disclaimer

This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.