Echelon Prime Rises 42% Despite Crypto Market Slump
• Under-the-radar Ethereum (ETH) gaming altcoin Echelon Prime (PRIME) has surged 42% this week despite the crypto market slump.
• PRIME is currently trading at $3.88, up from around $2.73 a week ago and nearly 12% in the past 24 hours.
• The project recently posted a grant proposal for its community to vote on that would award funding to NFT game “What the Funge” from Funge Labs.
Echelon Prime Defies Crypto Market Slump
Under-the-radar Ethereum ( ETH ) gaming altcoin Echelon Prime ( PRIME ) has defied the crypto market downturn, surging 42% in the last seven days. Trading at $3.88 at time of writing, up from around $2.73 a week ago, it’s up nearly 12% in the past 24 hours and 295th ranked crypto asset by market cap.
Echelon Prime Grant Proposal
On Tuesday, Echelon posted a grant proposal for its community to vote on that would award funding to non-fungible token (NFT) game “What the Funge” from Funge Labs if approved. According to their application, What the Funge is an autobattler with turnkey utility for NFT projects which offers players eternal conquest and glory for PRIME tokens. Players can pick up and play quickly while having an incredibly high skill ceiling even after mastering it.
Echelon Prime All Time High
In March of 2021, Echelon Prime hit an all time high of $5.68 shortly after top US crypto exchange Coinbase listed it as an asset – still more than 31% below its all time high at current prices today..
About Echelon Prime
Echelon Prime is a web3 ecosystem aiming to advance next generation gaming by creating and distributing tools that encourage innovation within novel gaming models and economies with their own native token PRIME .
Conclusion
Despite recent gains this week, PRIME remains down over 30% since its peak earlier this year but looks primed for further growth if their proposed grants are successful or more exchanges list them as an asset – only time will tell what will happen next!