Pulse Prediction Market (PULSE) is an innovative decentralized and open-source prediction market platform built on the NEAR Protocol.
As the world of cryptocurrency continues to expand, the Pulse Prediction Market gains attention for its unique approach to prediction markets and potential for growth.
This article will explore the key features, use cases, and potential future of the Pulse Prediction Market Price, Pulse Token, along with frequently asked questions and a summarized price prediction table.
What is Pulse Prediction Market (PULSE)?
Overview
PULSE token is the native currency of the Pulse Prediction Market, a decentralized platform that allows users to trade the outcome of events in a transparent and user-friendly manner. Built on the NEAR Protocol, Pulse aims to create a better, accessible, and cheap prediction market ecosystem.
The platform is maintained and governed by a community DAO (Decentralized Autonomous Organization), making it a truly decentralized and community-driven project.
Key Features
Some of the key features of the Pulse Prediction Market include:
- Non-custodial platform: Pulse Market does not have access to users’ funds, allowing users to maintain control over their assets.
- Full transparency: Users can audit, edit, and fork the platform’s code to build their prediction market platform.
- Community-driven governance: Pulse is maintained and governed by a community DAO, which empowers users to participate in the ecosystem’s development.
- Transparent and open-source: Users can audit, edit, and fork the platform’s code to build their prediction market platform.
- Low transaction fees: The platform leverages NEAR Protocol’s low transaction fees to provide a cost-effective experience for users.
- A unique alignment of incentives: PULSE token holders can participate in market creation, liquidity provision, and ecosystem governance.
Pros and Cons of Pulse Prediction Market
Pros
- The decentralized and open-source platform
- User-friendly and accessible to a wide range of users
- Community-driven governance
- Multiple use cases for PULSE token
Cons
- Relatively new platform with limited historical data
- Price volatility may deter potential investors
PULSE Price Statistics (As of May 13, 2023)
| PulseMarkets Price Today | |
|---|---|
| PulseMarkets Price | $0.0185265 |
| 24h Low / 24h High | $0.01557399 / $0.01860613 |
| 7d Low / 7d High | $0.01557399 / $0.01860613 |
| Trading Volume | $2,096 |
| All-Time High | $0.555420 -96.94% Feb 04, 2022 (over 1 year) |
| All-Time Low | $0.01218164 39.39% Dec 30, 2022 (4 months) |
| Circulating Supply | – |
| Total Supply | 100,000,000 |
| Max Supply | 100,000,000 |
PULSE Token: The Heart of Pulse Prediction Market
PULSE Token Use Cases
The PULSE token is the native token of the Pulse Prediction Market and serves multiple purposes within the platform:
- Governance: PULSE token holders can vote on protocol changes and propose new ideas for the community to consider.
- Market creation: Users must stake PULSE tokens to create new markets on the platform, ensuring quality and preventing spam attacks.
- Collateral and liquidity provision: Users can use PULSE tokens as collateral for placing bets and providing liquidity in the prediction markets.
Pulse Prediction Market Price History
The Pulse Prediction Market Price has experienced significant fluctuations since its inception. The all-time high price for PULSE was $0.5791, reached on February 4, 2022, while the all-time low price was $0.0035, recorded on November 22, 2022.
Pulse Prediction Market Price and Market Cap (As of May 13, 2023)
Current PULSE Price
As of the latest update, the live Pulse Prediction Market Price is $0.0185265 per PULSE/USD, with a 24-hour trading volume of $742.72 USD. The current CoinMarketCap ranking is not available, with a live market cap of not available. The circulating supply is not available, and the max supply is 100,000,000 PULSE tokens.
Market Cap
The market cap of the Pulse Prediction Market is currently not available. Market cap is calculated by multiplying the asset’s circulating supply with its current price.
PULSE Price Predictions: Future Projections
The table below summarizes the expected Pulse Prediction Market Price for the next decade based on comprehensive analysis and technical forecasts.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2030 | $0.200 | $0.210 | $0.220 |
| 2031 | $0.210 | $0.221 | $0.230 |
| 2032 | $0.210 | $0.220 | $0.240 |
| 2033 | $0.221 | $0.230 | $0.250 |
| 2034 | $0.222 | $0.230 | $0.263 |
| 2035 | $0.230 | $0.240 | $0.270 |
| 2036 | $0.241 | $0.252 | $0.283 |
| 2037 | $0.250 | $0.260 | $0.290 |
| 2038 | $0.261 | $0.263 | $0.310 |
| 2039 | $0.260 | $0.270 | $0.323 |
These predictions are speculative and should not be considered investment advice. Investors should conduct thorough research and analysis before making any decisions.
Risks and challenges of PULSE token
While the PULSE token has several advantages, it also faces risks and challenges that could affect its market performance. Here are some of its risks and challenges:
Market volatility
Cryptocurrency markets are highly volatile, and the PULSE token’s price could fluctuate rapidly, making it a risky investment.
Regulatory uncertainty
The regulatory landscape for cryptocurrencies is still uncertain, and regulations could change in ways that could affect the value and use of PULSE tokens.
Competition
PULSE token faces competition from other cryptocurrencies that offer similar features and use cases. To stay competitive, the team behind the PULSE token will need to continue innovating and improving its technology.
Top Crypto Exchanges for Trading PULSE
Currently, the top cryptocurrency exchange for trading Pulse Prediction Market is Uniswap v2. Investors can find other exchanges listed on various crypto exchange pages.
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Conclusion
The Pulse Prediction Market offers a unique approach to decentralized and open-source prediction markets, with its innovative platform and PULSE token.
While future price predictions are speculative, the Pulse Prediction Market has the potential to become a major player in the crypto ecosystem. As with any investment, thorough research, and due diligence are essential before making any decisions.
Frequently Asked Questions (FAQs)
What is the current Pulse Prediction Market Price?
As of May 13, 2023, The current Pulse Prediction Market Price is $0.0185265.
What is the circulating supply of PULSE tokens?
The circulating supply of PULSE tokens is 14,298,972.
What is the maximum supply of PULSE tokens?
The maximum supply of PULSE tokens is 100 million.
What is the all-time high price for PULSE?
The all-time high price for PULSE is $0.5791, reached on February 4, 2022.
What is the all-time low price for PULSE?
The all-time low price for PULSE is $0.0035, recorded on November 22, 2022.
On which crypto exchange can I trade PULSE?
Currently, the top cryptocurrency exchange for trading Pulse Prediction Market is Uniswap v2.
What are the key features of the Pulse Prediction Market?
Key features include a non-custodial platform, complete transparency, and community-driven governance.
What are the use cases for the PULSE token?
PULSE token use cases include governance, market creation, and collateral and liquidity provision.
What is the Pulse Prediction Market Price Prediction for 2030?
The Pulse Prediction Market Price prediction for 2030 is an average of $0.21.
Is Pulse Prediction Market a good investment?
Investing in Pulse Prediction Market is subject to individual risk tolerance, investment objectives, and financial situation. It is crucial to conduct thorough research and consult with a financial advisor before making any investment decisions.
What are the risks associated with investing in Pulse Prediction Market?
Investing in Pulse Prediction Market involves price volatility, market risk, and potential losses. Investors should only invest in products they are familiar with and understand the associated risks.
How can I buy PULSE tokens?
PULSE tokens can be bought on decentralized exchanges like Uniswap v2.
What is the PULSE token?
PULSE is the native token of the Pulse Prediction Market, empowering users through governance control, market creation, and liquidity provisioning.
Is Pulse Prediction Market decentralized?
Yes, Pulse Prediction Market is a decentralized platform governed by a community DAO.
What are the use cases of PULSE tokens?
PULSE tokens can be used for governance control, market creation, and liquidity provisioning.
What are the risks and challenges of PULSE tokens?
PULSE token faces risks and challenges such as market volatility, regulatory uncertainty, and competition from other cryptocurrencies.
Is the PULSE token a scam?
There is no evidence to suggest that the PULSE token is a scam. However, as with any investment, it is important to do your own research and assess the potential risks and rewards before investing in a PULSE token or any other cryptocurrency.
What is the reward for staking PULSE tokens?
The reward for staking PULSE tokens can vary depending on network conditions and the specific staking mechanism being used. Typically, staking rewards are paid out in additional PULSE tokens.
How can I stake my PULSE tokens?
You can stake your PULSE tokens on the PULSE network by locking them up in a smart contract. This helps to secure the network and allows you to earn rewards in return.
How can I store my PULSE tokens?
PULSE tokens can be stored in various cryptocurrency wallets, including hardware wallets, software wallets, and online wallets. Make sure to choose a reputable wallet that supports PULSE tokens before transferring your tokens.
Disclaimer: The content in this article is for informational purposes only and should not be construed as financial or investment advice. Past performance is not a reliable indicator of future performance. The value of investments can go down as well as up, and investors may not get back the amount invested. Investors should consult with an independent financial adviser before making any investment decisions.
