Analysts noticed Propy (PRO)’s 24 hours drop of -3.75%

May 13, 2018 - By Marie Mckinney

It was bad day for Propy (PRO), as it declined by $-0.0459491999999999 or -3.75%, touching $1.17964128. Top Crypto Analysts believe that Propy (PRO) is looking for the $1.297605408 goal. According to 4 analysts could reach $2.36340584361142. The highest price was $1.2489828 and lowest of $1.14371736 for May 12-13. The open was $1.22559048. It last traded at HuobiPro exchange. Aproximately 11 PRO worth $14 was traded.

For a month, Propy (PRO) tokens went up 16.80% from $1.01 for coin. For 100 days PRO is down -33.35% from $1.77. It traded at $0.3485 200 days ago. Propy (PRO) has 100.00M coins mined with the market cap $117.96M. It has 100.00 million coins in circulation. It was founded on 25/07/2017. The Crypto PRO has proof type and operates under algorithm.

Propy Utility Token (PRO) is built on the ERC20 token standard to allow for both simple integration into users’ wallets.

Propy has a scalable business model. When a property is purchased, Propy takes a small percentage (starting from 0.2% and averaging 1%) of the final purchase price. Propy charges brokers per transaction.

Tokens paid for writing data to the Propy Registry are stored in a special Rewards smart contract on the Ethereum blockchain. These aggregated amounts of tokens are paid out to the token holders, proportional to the PRO owned. The rewards contract generates a token distribution snapshot every month and distributes rewards for the quarter according to the snapshot. The snapshot is stored in the blockchain, so anyone can verify that rewards were distributed correctly.

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