Pearl (PRL) crypto surged 228% in a month, climbing from $0.59 in mid-September to over $2 in early October. It is a Layer 1 blockchain launched in April, built on Bitcoin’s code, using matrix multiplication instead of SHA-256 puzzles for mining, making it compatible with AI models. Approximately 1.01 million PRL are mined daily, with 305 million additional tokens expected to be issued over the next 12 months, nearly doubling the current supply. The token currently trades on only two exchanges with thin order books, amplifying its volatility.
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