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AIOZ Network token rises 17% after Bithumb listing announcement

source-logo  crypto.news 07 May 2024 17:39, UTC
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The $AIOZ Network’s token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85.

Earlier today, the token briefly surpassed the $0.90 mark, and market capitalization crossed the $925 million threshold, per CoinMarketCap.

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24-hour chart of $AIOZ from CoinMarketCap

The uptick in $AIOZ’s market activity is linked to a recent announcement by Korea’s leading exchange, Bithumb, which has added $AIOZ to its listing. Starting today, Bithumb will allow deposits for $AIOZ starting at 2:00 a.m. EDT and enable transactions and withdrawals from 6:00 a.m. EDT.

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📢 DeMR is now integrated with #W3IPFS for their #DePIN Storage solution! They will store the upcoming #$NFT assets on W3IPFS.@DeMR_official is an innovative Mixed Reality (MR) network built on the #Solana blockchain. It aims to provide a rich MR application ecosystem to users… pic.twitter.com/LKbW5mLAlc

$AIOZ Network (@AIOZNetwork) May 7, 2024

Further boosting investor interest is $AIOZ Network’s recent integration with DeMR, a mixed reality network built on the Solana (SOL) blockchain. The network leverages AI and blockchain technology to blend virtual reality with real-world applications.

The integration uses W3IPFS for DePIN Storage solutions to support the upcoming storage of $NFT assets, enhancing the network’s capability in decentralized content delivery.

$AIOZ Network for use in web3, AI

$AIOZ Network is a decentralized infrastructure project for digital media streaming and storage via web3 AI technologies. By rewarding users who share computational resources, $AIOZ enables the storage, transcoding, and streaming of digital media while also supporting decentralized AI computation.

Its decentralized content delivery system facilitates AI computation, data storage, and media/video streaming across decentralized applications (dApps) within the network.

$AIOZ Network also supports dApp integration and smart contract languages compatible with blockchain networks such as Ethereum (ETH) and Cosmos (ATOM).

Read more: 5 Solana-only protocols rank top-10 in defi volume
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