PREMA (PRMX) Price

PREMA Price

0.00
+0.00 (+0.00 %)
Market Cap
$10.27
Fully Diluted Valuation
$3.6K
Circulating Supply
288.32M PRMX
0%Max: 100.00B
24h Range
$0.00000003561
$0.00000003561
All-Time Range
$0.0000000104
$0.1325

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
GatePRMX/USDT0.000.000.003,548.670.00cex1.006/16/2025, 10:48 AM

PREMA FAQ

The PREMA platform is focused on PREMA X, an NFT marketplace, and employs the PREMA Wallet along with a traceability system to link NFTs to their usage locations. These locations include URLs (UnReal Life, the digital world) such as metaverse blockchain games and IRLs (In Real Life, the physical world) encompassing tangible products and spaces.

PREMA is a blockchain platform designed to enhance user experience across multiple blockchain networks. At its core, it focuses on integrating non-fungible tokens (NFTs) within both digital and physical realms, aiming to bridge the gap between virtual assets and their real-world applications. This initiative is facilitated through the use of the PREMA Wallet and a sophisticated traceability system, which together enable a seamless connection of NFTs with their respective uses in various environments. The platform's ambition is to establish a unified marketplace for the Web3 ecosystem, drawing parallels with major digital storefronts in terms of accessibility and diversity of content. By leveraging advanced technologies such as AQR (Advanced Quick Response) and NFC (Near Field Communication), PREMA seeks to simplify the process of NFT transactions, making it more user-friendly and secure for participants. A significant component of PREMA is the PREMA X, an NFT marketplace that serves as a central hub for the buying, selling, and trading of NFTs. This marketplace is designed to support a wide range of digital assets, facilitating their use in metaverse applications, blockchain games, and connection to physical products and spaces. In addition to its technological offerings, PREMA has outlined plans for expansion into various sectors, including sports, with an intention to enter the NTT INDYCAR SERIES by 2025. This move signifies the platform's commitment to broadening the scope of NFTs and blockchain technology beyond traditional boundaries. As the world of cryptocurrencies and blockchain continues to evolve, platforms like PREMA play a crucial role in shaping the future of digital asset interaction and utility. However, it is important for individuals to conduct thorough research and consider the inherent risks before engaging with any cryptocurrency or blockchain platform.

PREMA implements a comprehensive strategy to ensure the security of its platform and the digital assets it manages. This strategy integrates both technological and procedural elements designed to protect users' information and transactions. A key component of PREMA's security measures is the use of advanced encryption techniques. These techniques are vital for safeguarding data during internet transmission and within the platform, serving as a primary defense against unauthorized access and ensuring that sensitive information remains confidential and secure. Beyond digital security, PREMA prioritizes physical security and access controls. These measures are essential for preventing unauthorized physical access to servers and data centers containing critical infrastructure and personal information. Access controls limit entry to authorized personnel only, further strengthening the platform's security. Non-disclosure agreements (NDAs) are integral to PREMA's security framework. These legal contracts obligate employees and partners to maintain the confidentiality of accessed information as part of their work. NDAs are crucial in preventing data leaks and ensuring sensitive information is safeguarded. For users desiring an additional layer of security, PREMA supports the use of hardware wallets. These devices provide a secure method for offline storage of digital assets, significantly reducing the risk of hacking and unauthorized access. By supporting these wallets, PREMA offers users an option to enhance security and protect their investments. Moreover, PREMA's commitment to security spans its operations, including employing secure exchanges for cryptocurrency transactions. The platform's focus on both physical and electronic security measures exemplifies a holistic approach to protecting users and their assets. Users are encouraged to conduct their own research and assess their security measures when engaging with cryptocurrencies and platforms like PREMA.

PREMA is crafted to function as a versatile platform within the digital asset ecosystem, with a primary focus on integrating and trading Non-Fungible Tokens (NFTs). Its main utility is to build a bridge between physical and digital realms, enabling the seamless connection of tangible objects and digital content through NFTs. This innovative approach allows for a distinct interaction between real-world assets and their digital counterparts, thereby enhancing the value and utility of both. The platform aims to revolutionize the NFT marketplace by delivering a comprehensive environment for the trading and management of NFTs. By catering to the Web3 industries, PREMA strives to propel the global NFT business forward, offering a robust marketplace for creators, collectors, and traders alike. This initiative is anticipated to foster a dynamic community centered around digital collectibles and art, enabling users to buy, sell, and trade NFTs with ease and security. Additionally, PREMA introduces a traceability system utilizing the PREMA Wallet, ensuring the authenticity and provenance of NFTs linked to physical products and spaces. This system is particularly advantageous for verifying the ownership and history of unique digital assets, thereby instilling trust and transparency within the marketplace. The incorporation of PREMA X, an NFT marketplace, further highlights the platform's commitment to providing a user-friendly and efficient environment for NFT transactions. This marketplace is designed to support a diverse range of digital assets, from art and collectibles to in-game items and beyond, making it a versatile platform for the expanding NFT industry. In summary, PREMA's utilization extends beyond simple cryptocurrency transactions, aiming to redefine the interaction between tangible and digital assets through NFTs. Its emphasis on creating a secure, transparent, and user-centric marketplace positions it as a significant player in the Web3 and NFT sectors. As with any investment in the crypto space, individuals are encouraged to conduct thorough research to understand the risks and potential of PREMA within the broader digital asset market.

PREMA has established its presence in the cryptocurrency and blockchain sector through significant developments and strategic initiatives. A landmark achievement for PREMA was the launch of the PREMA X NFT marketplace, a platform vital in connecting digital assets with both virtual and physical spheres. This endeavor reflects the project's commitment to enhancing the utility and accessibility of non-fungible tokens. Strengthening its ecosystem further, PREMA has developed the PREMA Wallet and a comprehensive traceability system. These innovations provide users with a secure and efficient method for managing their digital assets while ensuring transparency and trust in NFT transactions and ownership. The announcement of an updated roadmap was another significant event, demonstrating PREMA's commitment to growth and adaptation in the rapidly changing blockchain environment. This roadmap outlines future plans and milestones, illustrating a strategic approach to achieving its goals and expanding its influence. Moreover, PREMA's involvement with various industries through NFTs, coupled with the increasing public interest and valuation of these digital assets, has been pivotal to its recognition. These elements highlight the project's potential to positively impact the broader NFT and blockchain landscape. On the competitive front, PREMA's planned entry into the IndyCar racing scene by 2025 marks a unique integration of blockchain technology with sports, showcasing its ambition to innovate across diverse sectors. This, along with its historical performance in racing championships, positions PREMA as a dynamic, forward-thinking project. Focused on providing multi-chain experiences, PREMA aims to address a broad spectrum of needs and preferences within the blockchain community. Its current market performance and strategic initiatives reflect a strong platform poised for further growth and engagement within the cryptocurrency ecosystem.

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Market Data
Market Cap
10.27 USD
FDV
3,560.58 USD
Supply
Circulating Supply
288.32 M
Max Supply
100.00 B
0% circulating
components_CryptoKeyStats__price_range
All-Time High
0.13 USD
ATH Drawdown
-100.0%
High (24H)
0.00 USD
Lowest Price
0.00 USD
Low (24H)
0.00 USD
Fear & Greed Index
73
Greed
30d agoToday