Animoca Brands drew attention with its latest announcement, stating that the company will purchase PROS coin from the open market.
PROS coin stands out as a service token aiming to bring institutional-level Bitcoin mining power on-chain, providing broad exposure to the Bitcoin ecosystem. Following the investment news, PROS experienced a significant surge.
The official statement included the following: “Animoca Brands’ acquisition of PROS tokens demonstrates our commitment to supporting Prosper’s initiative to unlock the potential of Bitcoin, the most decentralized cryptocurrency.”
Will the Impact of the News Continue? PROS Coin Current Analysis
After the investment news, PROS token gained substantial value, rising by 76%. The token surged to $0.7530 and, despite a quick pullback, did not fall below the $0.43 level, using it as an SR Flip. Experts suggest that if the price remains above this level, it could target $0.7655. However, in case of potential pullbacks, the $0.35 level is monitored as a support point.
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