Monday, May 16

Propy Soars 227% as Real Estate NFTs Come True and PRO Token Listing on Coinbase By Cointelegraph


©Reuters. Propy soars 227% as real estate NFTs come true and PRO token listing on Coinbase

The popularity of non-fungible tokens (NFTs) skyrocketed throughout 2021 as the masses went wild over projects like the Bored Ape Yacht Club and CryptoPunks, but these one-of-a-kind digital images are only scratching the surface of what NFT technology is capable of.

One project focused on expanding the functionality of NFTs beyond the digital art space is Propy, a protocol focused on integrating blockchain technology with the real estate industry by automating the home purchase closing process so that the entire process be faster, easier and safer.

Data from Cointelegraph Markets Pro and TradingView shows that after reaching a low of $1.12 on Jan. 12, the price of PRO surged 227% to hit a daily high of $3.67 on Jan. 14. Their trading volume also soared, rising 452% to $29.3 million.

Read the full article on Cointelegraph

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