$PRL, the token powering the Oyster Protocol, has begun to distance itself from the pack. Oyster is a concept to disrupt the advertising industry by streamlining internet use for both host and user. By borrowing a small portion of a users computing power, a webhost may be paid in $PRL mined by users and eliminate the need to sell ads, therefore ensuring a smooth user experience, ad-free and an income stream for the webhost without selling to advertisers. Lately the buzz on $PRL has really picked up...
$PRL has alot of big things upcoming including an airdrop and coinburn. 04/13/2018 Oyster will airdrop, in a 1:1 ratio, a new token to be used in it's protocol, $SHL. Holders of $PRL will receive this airdrop. Kucoin exchange has come out on twitter saying they will support the airdrop.
https://twitter.com/kucoincom/status/981002197910487041
- kucoincom
This is a great opportunity anyways it would seem, but one look at the TA told me to buy. $PRL is trading along a traditional line of support around 10700sats. Recently it has traded much higher, up to 15000sats last week and reached an all time high of over 30000sats in January.
Here we see areas of support and resistance and the ATH price for $PRL.
Here we see the MACD still hasn't made it's cross, but everything indicates this will happen shortly. Keep your eye on this.
PRL/BTC pair
https://www.kucoin.com/#/trade.pro/PRL-BTC
link to kucoin sign in:
https://www.kucoin.com/#/
This is not financial advise. I'm not an adviser. This article is for informative and entertainment purpose only.