COAI (ChainOpera AI) rose 55.41% in the last 24 hours.

Gate News Bot news, on October 24, according to CoinMarketCap data, as of the time of writing, COAI (ChainOpera AI) is currently priced at $21.63, with a rise of 55.41% in the last 24 hours, reaching a high of $25.12 and a low of $4.48. The current market capitalization is approximately $4.066 billion, an increase of $1.45 billion compared to yesterday.

ChainOpera AI is a collaborative intelligent AI agent network platform, co-created and owned by the community. The project is driven by super AI applications, full-stack AI infrastructure, and AI-native blockchain, aiming to build a distributed multi-agent AI ecosystem. ChainOpera AI provides core products such as AI terminal applications, agent development platforms, and decentralized models and GPU platforms, committed to promoting the innovative integration of artificial intelligence and blockchain technology.

Important news about COAI recently:

1️⃣ Price volatility is severe, market enthusiasm continues to rise The price of COAI has experienced extreme fluctuations over the past few days. Between October 22 and 24, the price of COAI quickly rose from $8.15 to $21.63, an increase of over 165%. Meanwhile, COAI ranked third in the CoinMarketCap popularity chart, reflecting high investor interest in the project. This dramatic price movement and surge in popularity indicate a highly exuberant market sentiment, but also suggest a higher investment risk.

2️⃣ Rapid expansion of the ecosystem, user base continues to rise ChainOpera AI ranks first in the AI category and second overall in the DApp Bay of the BNB Smart Chain. The project has seen a significant rise in on-chain transaction volume, with the number of users exceeding 3 million and developers surpassing 100,000. These figures highlight the rapid expansion of the ChainOpera AI ecosystem, laying a solid foundation for the long-term development of COAI.

3️⃣ Large-scale trading activities attract market attention COAI has a number of highly active trading addresses that exhibit similar operational patterns. These addresses conduct a large volume of token transactions daily, involving dozens of cryptocurrencies, with daily transaction counts reaching thousands. Such high-frequency and large-scale trading activities have raised concerns in the market about the possibility of COAI's price being manipulated, and they are also one of the important factors leading to the recent sharp price fluctuations.

From a technical perspective, the COAI price has experienced a significant rise in the short term and may face a risk of correction. However, the continuous development of the project and the expansion of its user base provide some support. Investors should closely monitor the project's actual progress, user growth, and overall market trends, weighing potential returns against risks.

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