Presearch Token (PRE) is an official currency within the Presearch ecosystem – an innovative decentralized search engine and its components and services. Presearch was founded in 2017 and has been slowly gaining market share ever since.
The Presearch team found that a modern search engine is basically a gateway to the web: the structure and content of the search results determine to a large extent how users perceive it. In these conditions, having a monopoly on web search can be dangerous. So the main purpose of Presearch is to provide a community-powered alternative to the giants. Presearch has several features that set this project apart from other search engines.
- It is open to community contributions – for example, users can add new packages to the project’s code repository;
- The search engine is decentralized and runs in the network of nodes;
- It can provide richer search results than other search engines in some cases as it has packages that help display information on things like the crypto market.
- It does not store any data about its users and protects their privacy;
- Interactions with Presearch like running nodes, recommending friends, and even searching for yourself are rewarded;
- Advertisers can use their tokens to promote their web resources in search results for specific keywords.
Advertisers must use PRE tokens for keyword staking. Presearch tokens are also used as rewards for active users and other transactions within the network.
Presearch Token (PRE) saw the bull market in early 2021 like everyone else, trading at ~ $ 0.1 this spring, up from the previous price level of ~ $ 0.01. But even during these peaks, PRE was one of those coins that had been relatively forgotten for a while.
The situation began to change in early September 2021 when it was revealed that Google was adding Presearch as the default search option on all new Android phones. This is great news for both the presearch launch and the decentralized network launch. So it’s no wonder that the price forecasts for Presearch are currently very positive: The price of PRE has already risen from ~ $ 0.04 to ~ $ 0.24 in one day.
Despite the fact that 100% accurate technical analysis is hardly possible for Presearch cryptocurrency, this advanced technical analysis tool from TradingView allows you to view the aggregated PRE buy and sell rating in real time for a selected period of time. The summary for PRE / USD is based on the most popular technical indicators – moving averages, oscillators and pivots.
As can be seen from the analysis cited above, Presearch (PRE) predictions are quite contradicting. There is no universal consensus on positive or negative future PRE price movements. In fact, the future possible growth depends on various factors: announcements, new technological solutions of the Presearch projects, the crypto environment in general, legal situation and so on. We kindly remind you that it is essential to do your own research (DYOR) before investing in any cryptocurrency.
Disclaimer: This article should not be viewed as a trading recommendation. The cryptocurrency market suffers from high volatility and the occasional random movement. Every investor should research multiple viewpoints and familiarize themselves with all local regulations before committing to an investment.
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