PROM crypto surges 326% in 30 days but faces po...

PROM, a leading crypto asset, has surged 326% over the past 30 days, driven by strong market momentum and significant capital inflows totaling millions of dollars in both Spot and perpetual markets. Despite this bullish trend, a negative funding rate has emerged, indicating that short positions are gaining dominance and investors expect a price drop. Historically, such negative funding rates have preceded price corrections before the asset resumed its rally. If the negative funding persists, PROM could face a notable price decline in the near term.