What is Echelon Prime and the $PRIME Token? A Closer Look

Echelon Prime is a token utilized within the Web3 gaming ecosystem managed by the Echelon Prime Foundation. 

This token allows users to participate in decision-making, earn rewards, and conduct transactions within the decentralized gaming platform. Read on to learn more details.

What is Echelon? 

Echelon is a gaming environment that supports Parallel TCG and various other applications, all powered by PRIME.

Read More: Bitrue Will List Echelon Prime (PRIME)

What is the PRIME Token? 

PRIME functions as a utility token for Echelon and its gaming ecosystem. The PRIME token supports products, services, and exclusive experiences accessible only to token holders, known as PRIME Sinks. 

The distribution of PRIME occurs through gameplay activities and the Sink distribution mechanism.

PRIME Token Distribution 

Launched in July 2022 as a non-transferable token, PRIME was later 'unlocked' through a community vote on March 1, 2023. The initial distribution of the token originated from three main sources:

• Prime Events, which reward holders of Parallel TCG cards.
• Caching, which provides rewards for 'stored' Parallel TCG cards and assets.
• Unlocks, which distribute tokens to the Parallel Studios Team and Investors.

What Does Echelon Prime Crypto Do? 

PRIME, as the cryptocurrency of Echelon Prime, plays a crucial role in powering the Echelon ecosystem, a blockchain-based gaming platform. 

The use of this token enables access to various products, services, and experiences offered within this ecosystem.

PRIME Allocation

What is the Echelon Prime of Solana? 

The conversion rate of Solana (SOL) to Echelon Prime (PRIME) fluctuates over time. For example, as of March 1, 2025, 1 SOL was equivalent to 31.27 PRIME.

Explanation Echelon Prime is a Web3 gaming ecosystem that leverages blockchain technology to develop new gaming models and economies.

• PRIME is the native token of the Echelon Prime Foundation.
• PRIME is used for in-game transactions, governance, and engagement incentives.
• The Echelon Prime ecosystem includes the sci-fi trading card game Parallel TCG and the simulation game Parallel Colony.

How Much is the Echelon Prime Coin Worth? 

According to Binance, the live price of Echelon Prime is $4.150987 per PRIME/USD, with a current market cap of $148.50M USD. The 24-hour trading volume is $6.74M USD.

For the long term, according to MEXC's Echelon Prime price prediction, the value of PRIME is expected to increase by 238.64%, reaching a price of $13.6808 USD by 2050. Additionally, according to Changelly, the platform predicts that Echelon Prime (PRIME) could reach $24.41 to $28.15 by 2025.

Is Echelon Safe? 

According to CoinMarketCap, to ensure platform security and protect user assets, Echelon Prime implements a multi-layered security strategy. One of the primary methods used to secure this ecosystem is integration with Ledger hardware wallets.

What is the Price of Echelon Prime in Dollars? 

Currently, the latest value of Echelon Prime (PRIME) is $4.018798 per unit in trading pairs with the US dollar.

• The current market capitalization stands at $143.77 million USD.
• The 24-hour trading volume is $6.12 million USD.
• PRIME's price against USD is updated from Binance.
• In the last 24 hours, Echelon Prime has experienced a 22.76% decline in value.
• The total circulating supply of PRIME in the market is 35.77 million.

FAQ

What is Echelon? 

Echelon is a gaming environment that supports Parallel TCG and various other applications, all powered by PRIME.

What is the PRIME Token? 

PRIME functions as a utility token for Echelon and its gaming ecosystem. The PRIME token supports products, services, and exclusive experiences.

PRIME Token Distribution? 

Launched in July 2022 as a non-transferable token, PRIME was later 'unlocked' through a community vote on March 1, 2023.