COAI (ChainOpera AI) has pumped 35.02% in the last 24 hours.

Gate News Bot news, on October 22, according to CoinMarketCap data, as of the time of writing, COAI (ChainOpera AI) is currently priced at $8.15, with a rise of 35.02% in the last 24 hours, peaking at $26.54 and dropping to a low of $4.48, with a 24-hour volume of $234 million. The current market capitalization is approximately $1.531 billion, an increase of $397 million compared to yesterday.

ChainOpera AI is a collaborative intelligent AI agent network platform co-created and owned by the community. The project is supported by super AI applications, full-stack AI infrastructure, and AI-native blockchain. The goal of ChainOpera AI is to build an AI social network by connecting users, developers, and computing resources, where each agent operates as a service endpoint. The project aims to apply collaborative AI to high-impact areas in cryptocurrency and fintech, including DeFi, RWA, PayFi, KOL, and e-commerce.

Important news about COAI recently:

1️⃣ Price volatility, market sentiment fluctuates The price of COAI has experienced extreme fluctuations recently. On October 20, COAI saw a significant drop of 44.75%, reaching a low of $5.44. However, in the following 24 hours, the price rebounded by 35.02%, peaking at $26.54. This extreme price volatility reflects the high instability of market sentiment, with investors' attitudes towards COAI rapidly shifting from panic to caution and then to optimism in a short period.

2️⃣ Large-scale trading activities attract market attention There exists a group of highly active trading addresses for COAI, exhibiting similar operating patterns. These addresses conduct a large number of token trades daily, involving dozens of currencies, with daily transaction counts reaching thousands. Such high-frequency and large-scale trading behavior has raised market concerns about the potential manipulation of COAI prices, and it is also one of the important factors leading to the recent dramatic price fluctuations.

3️⃣ Project ecosystem continues to expand, user base rises ChainOpera AI ranks first in the AI category and second across the entire chain in the DApp Bay of the BNB Smart Chain. The on-chain transaction volume of the project has significantly risen, with the number of users exceeding 3 million and developers surpassing 100,000. These data indicate that the ChainOpera AI ecosystem is rapidly expanding, attracting a large number of users and developers to participate, laying a certain foundation for the long-term development of COAI.

From a technical perspective, the COAI price has rebounded after a significant correction, showing a certain degree of resilience. However, such drastic price fluctuations also expose a higher investment risk. Investors should closely monitor the project's actual progress, user growth, and overall market trends, weighing potential returns against risks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.