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The announcement by DWF Labs‘ Vice President Andrei Grachev of his investment led to significant activity in the game NFT marketplace and leasing platform Prom (PROM), causing PROM’s price to rise by over 75%.
Vice President of DWF Labs Andrei Grachev: I Bought PROM
Vice President of market-making company DWF Labs, Andrei Grachev, recently announced via his personal X account that he has invested an undisclosed amount in the NFT marketplace and leasing platform Prom. In his statement, he said, “For the first time, I made an investment in a crypto project not through DWF Labs but on my own. The project I invested in was PROM. I commit to supporting the project properly and will hold the PROM tokens I bought for at least one year without selling.”
According to details from the on-chain data platform Spot On Chain, Grachev purchased 49,965 PROM tokens at a price of $10 each. The Vice President of DWF Labs spent approximately $500,000 worth of USDT for this investment.
PROM’s Price Rises by 75% Following Grachev’s Investment Announcement
The price of PROM rose by 75% to $14.64 following Grachev’s investment announcement. According to data from the crypto data and price platform CoinMarketCap, the altcoin’s price has seen a slight pullback, trading at $12.98 with a 74.84% increase over the last 24 hours at the time this article was prepared.
Prom is a game NFT marketplace and leasing platform. It is a completely decentralized, unsupervised, secure platform committed to meeting the needs of players, metaverse enthusiasts, NFT owners, and games, boldly presenting a vision for a strong future for the entire industry.
Prom claims to work with experts in the field and continuously tests promising tools, revealing the potential of NFT games for those who want to remain safe and efficient. The project promises a unique ecosystem conducive to lending, leasing, and exchanging ideas.
