COAI (ChainOpera AI) has pumped 18.07% in the last 24 hours.

Gate News Bot news, on October 21, according to CoinMarketCap, as of the time of writing, COAI (ChainOpera AI) is currently at 6.58 USD, with a 24-hour rise of 18.07%, hitting a high of 26.54 USD and a low of 4.48 USD. The 24-hour volume reached 8.86 million USD. The current market capitalization is approximately 1.237 billion USD, with an increase of 189 million USD compared to yesterday.

ChainOpera AI is a collaborative intelligent AI agent network platform, co-created and owned by the community. The project aims to build a distributed ecosystem of professional models and agent collaboration networks through super AI applications, full-stack AI infrastructure, and AI-native blockchain.

Important news about COAI recently:

1️⃣ Price fluctuations are significant, market sentiment is volatile The price of COAI has experienced significant volatility over the past few days. On October 20, COAI saw a sharp decline of 44.75%, hitting a low of $5.44. However, within just 24 hours, the price rebounded by 18.07%, reaching a high of $26.54. This extreme price fluctuation reflects the high instability of market sentiment, with investors' attitudes toward COAI rapidly shifting from panic to caution and then to optimism in a short period.

2️⃣ Large-scale trading activities attract market attention COAI has a number of highly active trading addresses that exhibit similar operational patterns, including conducting a large number of token trades daily, involving dozens of currencies, with the number of trades reaching thousands in a single day. This high-frequency, large-scale trading behavior has raised concerns in the market about the possibility of COAI's price being manipulated, and it is also one of the important factors leading to the recent dramatic price fluctuations.

3️⃣ The project's ecosystem continues to expand, and the user base is rising ChainOpera AI ranks first in the AI category and second overall in the DApp Bay of the BNB Smart Chain. The project's on-chain volume has seen a significant rise, with the number of users exceeding 3 million and developers surpassing 100,000. This data indicates that the ChainOpera AI ecosystem is rapidly expanding, attracting a large number of users and developers, laying a solid foundation for the long-term development of COAI.

From a technical perspective, the COAI price has rebounded after a significant correction, showing a certain level 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 is not intended as investment advice; investors should be aware of market volatility risks.