Amid controversy surrounding Sam Altman’s return as CEO of OpenAI, AI cryptocurrencies are losing value in the last 24 hours. However, the segment’s best performance managed to reach a new milestone in valuation.
AI Autonolas Cryptocurrency Surpasses $120 Million Valuation as OLAS Price Surges 20%
Today, November 22, 2023, the price of IA Autonolas (OLAS) cryptocurrency soared to a new all-time high (ATH) above $2.66 on Uniswap v3. In the last 24 hours, its price increased by more than 20%, making Autonolas (OLAS) one of the fastest growing AI cryptocurrencies.
In the last 24 hours, the aggregate market capitalization of the OLAS cryptocurrency jumped from $87 million to over $124 million. The token is available on the OLAS/WETH pair on the Uniswap v2 DEX and on the OLAS/WXDAI pair on the Gnosis-based version of Balancer v2.
With this surge, OLAS exploded into the top 10 AI cryptocurrencies. Meanwhile, the entire AI coin segment has fallen by 1.9%, with DeepFakeAI (FAKEAI) suffering the most.
Of the largest cryptocurrencies, Render Network (RNDR), Golem (GLM), and Ocean Protocol (OCEAN) are also in the red. However, other major AI cryptocurrencies such as SingularityNET (AGIX), Fetch.AI (FET), and Akash Network (AKT) have risen between 3% and 6%.
As previously reported by U.Today, the largest crypto exchange, Binance (BNB), is offering rewards for trading certain AI coins.
Spot trading pairs with SingularityNET (AGIX), Cortex (CTXC), Fetch.AI (FET), Measurable Data Token (MDT), Numeraire (NMR), OCEAN, Phoenix (PHB), iExec RLC (RLC) and Worldcoin ( WLD) are eligible for the promotional campaign.
Autonolas (OLAS) Pioneers AI-Powered DAO Management Mechanism
The Autonolas Decentralized AI (OLAS) project launched in Q3 2022. It is touted as an ecosystem of data tools for crypto: oracles, relays, messaging apps, etc.
It also offers artificial intelligence solutions, such as AI Mechs and AI Predictions.
In 2023, Autonolas (OLAS) presented its new project Governatooorr, an artificial intelligence-focused device for decentralized autonomous organizations (DAO).
Evaluate DAO proposals and vote based on delegate preferences, as mentioned on the official Autonolas (OLAS) website.
