The cryptocurrency market has been on a rollercoaster ride all year. The value of Bitcoin has fluctuated wildly throughout 2017, with the meteoric rise of Bitcoin Cash, Ethereum, Litecoin, Ripple, and Dash helping to fuel the growth. Following an initial dip in early November, Bitcoin has continued to surge to new highs, with the price of Bitcoin Cash rising over 150% in the past month alone.
Propy (PRO) Surges 150% in a Week, While Mainstream Coins Drops The Propy (PRO) cryptocurrency is up more than 150% in the past week after breaking through $1.00 USD per token, and it’s not alone in getting a boost from mainstream attention.
The blockchain-based real estate sharing marketplace, Propy, has been on an incredible ride this week. First, the company announced it would be partnering with the multi-award-winning EVAZE to list their real estate for sale, and issued a press release on last Friday. On Monday, the company announced a major partnership with the National Association of Realtors. “This is a massive deal for Propy,” said CEO Natalia Karayaneva, “we have solidified our position as a trusted real estate listing platform, and we can’t wait to get this new partnership rolling.” On Tuesday, the company announced a partnership with the world’s largest real estate marketplace, RealtyK.
Despite the fact that the top cryptocurrencies started the crypto market’s negative battle, PRO has beaten the trend. In reality, the majority of altcoins are losing value, reflecting the general trend in cryptocurrencies. However, certain cryptocurrencies surpass the situation because of their network improvements.
Significantly, the world has experienced a tremendous change in the past few years. Technology advances are faultless, and both big corporations and ordinary people have embraced contemporary technology. Furthermore, in the past two years, the blockchain technology utilized in the business has expanded at an exponential rate. Smart contracts, on the other hand, have recently piqued the interest of users.
Propy is a worldwide online real estate marketplace that uses smart contracts to link buyers, brokers, sellers, and escrow/notaries/title agents to effectuate transactions. Propy also provides automated real estate transaction procedures that are quicker, simpler, and safer.
Situation on the Market Right Now
Propy’s (PRO) market price is $0.66 at the time of writing, with a 24-hour trading volume of $1,854,563. PRO has risen almost 150 percent in a week, according to Coinmarketcap, and now ranks 544th. Furthermore, there are 70,850,406 PRO coins in circulation.
Propy Trading Chart
The positive trend over the last week is shown on the chart. PRO’s price has risen by 96.64 percent in the past 24 hours, rising from $0.24 to $0.70 in only seven days. Top exchanges like as Huobi Global, HitBTC, Huobi Korea, and 1inch Exchange accept it for trading.
Introduction to Cryptocurrency and Blockchain in Real Estate
Propy’s co-founder discussed bitcoin for home purchasing at the company’s weekly webinar on September 8. The seminar’s title was “Intro to Crypto & Blockchain for Real Estate,” implying that the platform enables customers to utilize crypto and blockchain for real estate. The platform also enables NFTS, which allows consumers to convert their houses into NFTs and sell them at auction.
The new ideas from the Propy platform may be the cause for PRO’s price increase, based on recent upgrades. More information on the network’s developments is available, which may spark users’ curiosity. However, because of the unique features that Propy delivers in real-time, consumers expect greater highs in the future.
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