Is perp currency worth holding for the long term?

Yes, PERP coin is expected to be a good target for long-term investment. The reasons are: 1. Continuously growing market; 2. Low transaction fees; 3. Strong ecosystem; 4. Governance tokens; 5. High liquidity; 6. Team strength.

Is perp coin worth holding for a long time

Answer: Yes, perp coin is expected to be a good target for long-term investment.

Reason:

• Continuously growing market: perp coin is a decentralized perpetual contract trading platform. As the cryptocurrency market continues to expand, its potential user base and trading volume are expected to increase significantly. increase.
• Low Transaction Fees: Perp Coin has very low transaction fees, which is an advantage compared to other perpetual contract trading platforms, which attracts a large number of traders and is conducive to their long-term holding.
• Strong Ecosystem: perp coin is part of the Serum ecosystem, a decentralized financial platform built on the Solana blockchain with a strong developer community and wide range of partners, which provides Perp coins provide additional support.
• Governance Token: perp token holders have governance rights and can make decisions on the future development of the platform, which increases the long-term value of the token.
• High Liquidity: perp coins are listed on multiple major exchanges and have high liquidity, which reduces trading risks and facilitates long-term holding.
• Strength of the Team: perp Coin was created by a group of experienced cryptocurrency professionals with a track record of building successful projects, which strengthens the long-term prospects of the coin.

Note:

• Like all cryptocurrencies, perp coins are subject to volatility and their prices may fluctuate significantly in the short term.
• The perp coin market is relatively new and may face some regulatory uncertainty, which may affect its long-term value.

Perpetual Protocol (PERP) live value is $0.5950 USD. In the last 24 hours, PERP’s trading volume was $63.81 million and the price fell by 2.38%.

PERP’s circulating supply is 66 million, and the total supply is 66 million. This gives PERP a float market capitalization of approximately $39.28 million.

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