According to our current Propy Crypto Price Prediction PRO Forecast 2022, 2023, 2024, 2025, and 2031 the value of Propy is predicted to drop by -7.73% and reach $ 0.736121 by November 2, 2022. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 30 (Fear). Propy recorded 8/30 (27%) green days with 8.84% price volatility over the last 30 days. Based on our Propy forecast, it’s now a good time to buy Propy.
What is Propy (PRO)?
Operating out of the global tech hub that is Silicon Valley, Propy is a blockchain-powered real estate platform run by chief executive Natalia Karayavena, a real estate professional for at least 15 years. Propy’s management software, tailored to brokerages, agents, buyers and sellers, uses smart contracts to track offers, counter-offers and rejections, while the transactions toolset tracks documents in a purportedly unique interface.
Propy’s platforms have a range of case studies, including in the so-called “high-net-worth individual space”, where privacy is regarded as paramount. Propy’s client base also includes transaction coordinators and owner-occupied investment brokers. The enterprise recently turned heads by completing the first NFT-based property transaction in the US. How might the inherent volatility of the NFT market affect the Propy price prediction?
Launched in 2017, Propy has its own ERC-20 PRO token. Is it time to get onto the PRO ladder? Grab a clipboard and join us on our Propy house inspection to find out.
Propy Fundamental Analysis
Propy is an automated real estate blockchain platform. It aims to change the world of real estate and introduces innovative technology for self-driven and completely online real estate transactions on smart contracts. Its vision is to make the real estate sales process fully automatic.
Propy’s solution automates all the deals, helping all the participants to make closing faster, easier, and more secure. Using the product brokers, agents and title companies can move to the paperless remote closing while also reducing the brokerages’ cost. It also offers increased security, as all the disclosures and documents are only accessible to the parties involved in the transaction.
The company designed a management panel for the instant offers processing and automatic offer share with the other sellers, and also a platform for the transactions that eliminates the need to use multiple services. Propy’s transaction checklists allow easy maintenance of all the sale-related documents.
Easy to use interface allows any company to implement the solution even if the employees don’t have a lot of tech experience. The creators of the project strongly believe in the inescapable tokenization of real estate and offer Crypto Real Estate certification to train new investors that includes tutorials about blockchain and smart contracts and the final exam to check the knowledge assessment.
Propy was founded by Natalia Karayaneva and Denitza Tyufekchieva who got frustrated because of the time-consuming and fraudulent real estate transactions.
PRO is a native ERC-20 token for the project. It has a total supply of 100 million coins with 73 million of them currently circulating.
In a blog post on 8 April 2022, Propy made a case for exchanging ownership of property via NFTs. In Propy’s opinion, selling property as an NFT is fast and secure, “eliminating the need for multiple people and middlemen to handle specific actions”.
But hold on… what about all that boring paperwork, and those pesky reporting requirements involved with transferring property rights? Surely the public register needs the relevant deed transfers? They do, but the folks at Propy believe they have solved this issue by converting individual property ownership into a limited liability company (LLC).
“Doing so enabled us to directly transfer ownership of the LLC via NFT, thus automatically transferring ownership to the property, since whomever owned the LLC, owned the property,” Propy says.
This relatively untested process will undoubtedly cause consternation and rightful scepticism among stakeholders and, possibly, regulators, but the concept is not without proof. Propy successfully facilitated the sale of TechCrunch founder Michael Arrington’s condominium in Kyiv, Ukraine in a 24-hour action held on the SeenHaus NFT platform in June 2021. After more than 40 bids, the NFT sold to a first-time buyer for $94,000.
On 12 March 2022, Propy followed up with its first US-based sale, of a one-bed condominium in Florida, for 210 ETH. Upcoming auctions will be held on the in-development Propy Marketplace.
Are property NFTs the future of real estate auctions, then? What happens if you lose your seed phrase (crypto wallet log-in)? Aren’t NFTs volatile?
These issues will undoubtedly be central to the debate over the sustainability and legality of the concept in the years to come.
Since all of Propy’s NFT sales have been executed using either ETH or USDC, you might well be wondering exactly what the Propy (PRO) token’s utility might be.
A spokesperson on Propy’s official Telegram channel said: “Propy’s PRO tokens have utility within our real estate software platform for powering real estate transactions and unlocking smart contracts on the blockchain. Propy’s PRO token is an ERC-20 token that can be stored either on Propy’s website, MyEtherWallet (the official Ethereum wallet) or any other wallet application that supports ERC-20 tokens.”
PRO’s initial coin offering (ICO) in August 2017 valued the token at $1 a piece. The initial distribution was as follows:
- Token sale: 35%
- Network growth: 35%
- Donation: 15%
- Company tokens: 14%
As of 13 July 2022, Propy (PRO) was changing hands at just under $0.80 and had a market capitalisation of $64m. Of the 100 million total token supply, just over 82 million are currently in circulation.
PRO is primarily supported by the Coinbase, Huobi and Bitrue centralised exchanges.
From the Propy whitepaper
The Propy 2.0 whitepaper, Real estate NFTs, Defi, & Crypto Title Insurance Fund was published last year and is 27 pages long. The whitepaper states: “NFT-ing a property means that ownership can be transferred from a wallet to another wallet in a secure manner, as a result of a fair auction on smart contracts. Paperwork, disclosures and title insurance are linked to the NFT”.
The document goes on to say: “Propy’s mission is to automate the real estate transaction process. Propy-developed infrastructure allows for three types of transactions that are demanded today. In order to achieve settlement for a property transfer, the system of smart contracts needs to receive data about the entire transaction, such as the title history, the payment and e-signed paperwork. It also needs to communicate to the current infrastructure – recording offices and banks for fiat payments”.
The paper also outlines the three ways of transacting real estate utilising blockchain-enabled solutions, including NFTs as well as “blockchainising” or “NFT-ing” real estate in the US as a long-term strategy.
Propy price action
Perhaps spurred on by the news of Propy’s second major NFT auction in the US, PRO entered a strong bull run from 12 April 2022. In two days, the token more than doubled, from $1.32 to $2.67.
PRO did encounter a strong reversal to $2.05 on 15 April 2022 but has managed to hold on to a decent portion of these gains, generally staying well above the $1.50 barrier. Earlier in the year, PRO surged over the $4 mark in mid-January, although a strong reversal was also observed after this bull run, roughly in line with the broader crypto market sentiment.
Another rally occurred in the 24 hours leading up to 13 June 2022, bucking a marketwide downturn. The bull run came hot on the heels of a roadmap being announced on Twitter:
PRO price forecast
As of 28 April, short-term technical analysis by CoinCodex showed sentiments were overwhelmingly bullish, with 27 indicators giving bullish signals compared with two showing bearish signals. CoinCodex’s PRO prediction put a green signal for buying given its price volatility over the last 30 days. Projection forecast prices would be around $1.99 by 3 May 2022.
Algorithm and forecast system Wallet Investor said in its Propy prediction that “PRO is an awesome long-term (one-year) investment”. With a very optimistic outlook for PRO/USD, analysts future expectations for the coin were for it to grow 63.9% in one year.
By the end of 2022, the Propy coin could average at $2.548, $3.864 in 2023, $5.212 1 in 2024 and $6.531 in 2025. There was no PRO crypto price prediction by WalletInvestor for 2030.
Price Prediction’s Propy coin price prediction for the years 2022, 2023, 2024 and 2025 expected the coin to average $1.99, $2.95, $4.42 and $6.48, respectively. Propy token prices are poised to reach $45.39 by 2030.
DigitalCoinPrice also gave an optimistic outlook for Propy. PRO prices were forecast to average $2.81 in 2022, with projections from 2023 to 2025 targeted at $3.05, $3.06, and $4.06, respectively. By 2030, PRO could hit $9.74.
When looking at Propy crypto price predictions, always keep in mind that analysts’ forecasts could be wrong. You should always do your own research, which includes looking into recent initiatives like collaborations, partnership deals and other fundamentals, before making investment decisions. You should gauge how comfortable you are about losing money and never invest money that you cannot afford to lose.
|USD Price||$ 0.52|
|24h Volume||$ 2,036,697|
Propy currently stands at $0.52 USD with a market capitalization of $43,004,952, making it rank 388 in the most valuable coins list. PRO has a 24-hour volume of $2,036,697, according to TechNewsLeader Price Index. The price value of Propy has changed 2.87% in the previous 24 hours. In last 7 days, the price of PRO has a change of -5.22%. It is limited to a maximum supply of 82,050,200 coins.
Propy Crypto Price Prediction PRO Forecast 2022, 2023, 2024, 2025, and 2031
Propy Price Prediction
|Year||Propy Price Prediction|
|2022||$0.55 to $0.60|
|2023||$0.86 to $1.00|
|2024||$1.29 to $1.48|
|2025||$1.88 to $2.23|
|2026||$2.76 to $3.34|
|2027||$4.05 to $4.83|
|2028||$5.94 to $6.99|
|2029||$8.14 to $10.49|
|2030||$11.85 to $14.34|
|2031||$17.86 to $20.69|
PRO Price Prediction 2022
For long-term Propy price predictions, basic analysis is essential. In terms of industry benefits, the native token offers a few. The digital economy’s autonomy makes it ideal. As DAPPs and stable coins develop, the network offers competitive programmable payment, logistics, and storage options. There is a chance that the average price of PRO will rise to about $0.58 by 2022 if more investors are attracted to the idea. For 2022, the year can end with a maximum price of $0.60 with a minimum price level of $0.55.
Propy Price Prediction 2023
Propy present price range might interest many traders and because of this, PRO can reach $1.00 by 2023 with substantial cooperation with financial institutions if the following requirements are satisfied. With an average price of $0.89 for 2023, it can beat the latest price trend to reach new highs. The price tagline can vary as the crypto market can see another bullish trend on its way to 2023.
PRO Price Prediction 2024
PRO will be seen as a better option, and with the huge community Propy price will touch new highs. The price fluctuations are hard to predict, especially if the market is more bullish OR bearish than ever. For the year 2024, the price of Propy will be almost $1.29. The maximum price that we can get is $1.48. Propy average price forecast at the end of 2024 can be around $1.33. A huge price turnover is expected within the range defined by the crypto market.
Propy Price Prediction 2025
Volatility drives the cryptocurrency market. Today, it is not easy to forecast and keep up with the current pricing. Many crypto analysts come into play in this regard. The pricing forecasts are correct for the mentioned years. Crypto consumers are still concerned about the crypto bans and new restrictions. Propy price may cross $2.23 if the market sees a good bull run in 2025. Given that it is expected to be held by long-term investors, its average price for 2025 will be around $1.93.
Propy Price Prediction 2026
It appears that by 2026,Propy (PRO) prices will have reached a level similar to their previous all-time high. By 2026, We may expect an average price of $2.83. If everything goes smoothly, we predicted the maximum price of Propy could be up to $3.34 in 2026. Of course, there are chances that the market will dump after a long bull run and It is normal for cryptocurrency market.
PRO Price Prediction 2027
A seamless approach to this currency may be found on many websites and forums. In the opinion of this prediction platform, Propy will steady at its current price for a very long time to come. By 2027, the PRO is expected to be worth a maximum value of $4.83. The minimum price can go up to $4.05 if the market gets bullish.
PRO Price Prediction 2028
There are signs that the crypto market is about to enter a new age. Certain that the long-term price prediction for PRO’s price will soar since there is still optimism that the currency will attract much more attention. The year 2028 can end with an average price of $6.10 and a minimum price value of $5.94. The maximum price is expected to be trading around $6.99.
Propy Price Prediction 2029
PRO have huge potential, with certain collaborations and innovations may increase the number of users and adpotion. If the market concentrates on investing in Propy, the price might rise much higher. By 2029, it can reach a maximum value of $10.49. It is expected that the PRO will turn around a little bit if the market goes down. The year 2029 can end with an average price of $8.45 with a minimum price of $8.14 and the maximum price of $10.49. Read More
PRO Price Prediction 2030
The Propy value will increase because of the efforts of the network developers and community investors. Therefore, the calculated price for the year 2030 is bullish. PRO was anticipated to touch a maximum price level of $14.34 by the end of 2030, according to analysts. On the other hand, it is highly optimistic that the Propy’s future will ultimately grow. Therefore, the predicted average price of PRO will be around $11.85 to $12.27 is expected in 2030 depending on the market. As stated in the same slogan, the PRO’s maximum price ranges from $11.85 to $14.34 for 2030.
Propy Price Prediction 2031
In 2031, with more adoption and partnerships between other important blockchain networks, the price of Propy would sky rocket, the maximum trading price may reach $20.69 in 2031. The price ranges are going to be very trendy if we keep it that way. If everything goes well, we can expect an average price of $18.35 with a maximum price of $20.69 for 2031.
Propy Crypto Price Prediction PRO Forecast 2022, 2023, 2024, 2025, and 2031
Propy Price Prediction FAQs
Is Propy a Good Investment?
Many experts and traders believe that Propy has been a great investment for a long time. Surprisingly, the value is increasing. Therefore, it is guaranteed that the investment will yield a good return.
How Much Will Propy be Worth in 2025?
Many platforms and analysts think that the price of Propy will continue to grow in the next 5 years, surpassing the $2.83 mark by the end of 2025. Even though the price seems like a stretch, you never know. PRO and other Cryptocurrencies are very volatile and can change direction at any time.
How Much Will Propy be Worth in 10 Years?
There is a considerably higher chance that the price of Propy will increase to $18.35 in ten years. The Value of 1 Propy can surpass a minimum price of $17.86 and maximum price of $20.69 within next 8 to 10 years.
What is the future of Propy?
The future of Propy is highly dependent on the overall performance of the crypto industry. When it comes to investing in PRO, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position. In addition to its speculative nature, PRO also offers exposure to a global technology and an ever-growing ecosystem.
How much will Propy be worth in 5 years?
In five years, Propy will have a minimum price of $2.87 and a maximum price of $2.44 per PRO. Since Propy is traded on a supply-and-demand basis, its value fluctuates drastically.
What will be the PRO highest forecast price for 2022?
The PRO price is expected to reach a maximum level of $0.59 at the end of 2022.
How much does Propy cost in 2023?
The price of Propy will increase as more investors get involved in the project. In year 2023, Propy will be worth about an average price of $0.83.
How high can Propy go?
The average price of Propy (PRO) might go to $0.57 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $2.51 mark.
What is the Propy price today?
Today Propy (PRO) is trading at $0.79 with the marketcap of $64,857,996.000.
Is Propy (PRO) a good investment?
Propy’s value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
How much will Propy be worth in 2030?
In terms of price, Propy has an outstanding potential to reach new heights. It is forecast that PRO will increase in value. According to specific experts and business analysts, Propy can hit the highest price of $18.24 till 2030.
There is no correlation between the current value of the Propy and its future price. However, it depends on the elements that emerge during the market’s growth and development stage. Those are the variables that determine a PRO’s future.
Alternatively, you might conduct your study on the topic. As a first-time buyer in this market, token holders can assist you in making a decision. Due to the volatile nature of the crypto market, it is not easy to estimate the precise value of any one currency in advance.
PRO is a well-established cryptocurrency that has performed well up to this point. Investing in Propy can be good idea but you need to wait for market dumps before making large investment.
Keep oneself up to date with current market developments. Take note of the different prices, supports and resistance levels so you can make the best decision.
Contact us at any moment if you have any questions or would like some guidance on any topic. Let us know what you think.