COAI (ChainOpera AI) rose 6.32% in the last 24 hours.

Gate News Bot message, on November 4th, according to CoinMarketCap data, COAI (ChainOpera AI) is currently priced at 1.23 USD, with a rise of 6.32% in the last 24 hours, reaching a high of 4.29 USD and a low of 0.99 USD. The current market capitalization is approximately 231 million USD, an increase of 13.7 million USD compared to yesterday. Currently, COAI ranks 219th in the global Crypto Assets market capitalization.

ChainOpera AI is a collaborative intelligent AI agent network platform co-created and owned by the community. It is supported by super AI applications, a full-stack AI infrastructure, and an AI native blockchain. The project aims to build an AI social network by connecting users, developers, and computing resources, where each agent operates as a service endpoint. The vision of ChainOpera AI is to achieve Artificial General Intelligence (AGI) through a collaborative network of specialized models and agents, rather than a single large model.

Important news about COAI recently:

1️⃣ Completed a new round of large-scale financing, with total financing exceeding 50 million USD ChainOpera recently completed a new round of financing exceeding $40 million, bringing its total financing amount to over $50 million. This infusion of funds significantly enhances the project's financial strength and provides strong support for its future development. However, the specific form of financing, valuation, and participating institutions have not been disclosed, and the market is keeping a close eye on this.

2️⃣ Price volatility, experiencing significant rises and falls in the short term The price of COAI tokens has experienced significant fluctuations since the beginning of October. Starting from October 6, the price saw a continuous rise, reaching a peak of 20 dollars, before sharply retreating to around 1.5 dollars. This dramatic price volatility reflects the uncertainty in the market's assessment of the COAI project's prospects and also indicates the rapid changes in investor sentiment.

3️⃣ Market capitalization has significantly shrunk, but still maintains a certain level of attraction Despite experiencing a recent price correction, the market capitalization of COAI remains around $231 million, which is a decline from previous highs, but still indicates ongoing market interest in the project. The current price has rebounded compared to historical lows, suggesting a potential value recovery.

From a technical perspective, the COAI price has rebounded to a certain extent after a significant drop and is currently in a relatively stable state. However, considering the recent volatility, the price may still face considerable uncertainty in the short term. Investors should closely monitor the project's actual progress, plans for the use of new financing funds, and overall market trends, and carefully assess investment risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.