Most people buying
$PRM think it's just another launchpad coin
It isn't. It's the listing fee for the forgotten end of the US stock market
Here's what
@prm_market actually is, explained like you're 5:
@RobinhoodCrypto opened a department store on its new chain. It mostly stocks the big brands:
$NVDA,
$AAPL, the liquid names
@prm_market set up a night market in the parking lot for the overlooked penny stocks the store isn't focused on
Each stall is a Desk. It sells a stand-in for one stock, a pSTOCK like
$pHODO
A pSTOCK isn't the stock. No shares, no votes, no dividends, no redemption. It's a price tag for how badly crypto wants that ticker
That price tag is the "premium": what the night market pays vs. what Wall Street pays
Right now that gap is wild.
$pHODO's on-chain market is valued at ~$21.5M. House of Doge, the actual Nasdaq company, is worth ~$16M
To pull crowds to a stall, anyone can launch a meme paired to it (or to
$ETH):
◆ 1B supply: 800M on a bonding curve, 200M held back
◆ Hits its target (4.2 ETH, or ~$10k on stock pairs) → graduates to
@Uniswap v4 with liquidity locked forever
Every meme trade pays a 1% fee:
◆ 70% to the creator who pulled the crowd
◆ 30% to the market, which buys back and burns
$PRM
Who gets the next stall?
Communities bid
$PRM for it.
Winners share 70% of that Desk's LP fees for 30 days, and the winning
$PRM mostly goes to a dead address
So
$PRM is both the ticket to list the next stock and the thing every trade buys back
The next step (announced, not live yet): idle curve capital buys the real shares through a broker into a Stock Reserve. Not a peg, not redemption. A reserve
11 days in:
◆ ~5K ETH all-time volume, ~2.5K ETH of it in the last 7 days
◆ $40K+ in platform fees
◆ 10.3M
$PRM bought back (was 8.07M on day 5)
◆ 21.8M
$PRM burned, ~1.8% of supply (was 15.74M)
◆ 33 markets, 5 graduated
What I'm not going to pretend about:
◆
$pHODO can go to zero while
$HODO does nothing, and vice versa
◆ One owner wallet can upgrade the curve, router, and reward contracts instantly, no timelock. Their own docs say so. The locked LP is immutable; the rest isn't
◆ That same wallet runs buybacks. Policy, not a hardcoded right
◆ The real-share reserve is roadmap, not product
I hold
$PRM. Size it like an 11-day-old experiment, because it is one
If you could open the next Desk, which penny stock are you picking? 👇