Even if the net market value of the AI-related cryptocurrency space is above $20 billion, several projects are only reporting remarkable advances as a result of vigorous marketing. The DATA surge, on the other hand, is propelled by testnet activities that its team turned on last week.
AI crypto DATA by Streamr rallies as incentivized testnet onboards enthusiasts
The price of DATA, the native cryptocurrency of the Streamr distributed video storage and broadcasting service, surged from $0.031 to $0.061, about 100% gains, in the previous seven days, from December 16 to December 23. According to CoinMarketCap statistics, it thus became one of the fastest-growing AI currencies.
https://x.com/streamr/status/1737853318008070282?s=20
It peaked locally on December 20 at more than $0.095. Prior to the demise of the Terra/Luna ecosystem, in early May 2022, this currency was last this pricey.
It is most likely appropriate to link the amazing increase in DATA to the start of Streamr 1.0 Testnet 2 activities. Streamers that manage the platform’s nodes and participate in Streamr activities can earn prizes while the testnet is up and running.
In addition to node awards, Streamr users can receive bonuses via its partner network. Streamr, Kyve Network, and even the Helsinki public transit agency have allotted more than $100,000 in data.
According to the official statement, the events will continue until January 8, 2024.
Largest dog-themed AI meme coin jumps by 75% in seven days
Streamr’s video broadcasting ecosystem underwent a stress test with more than 100 validators yesterday, December 22, 2023.
The capitalization of the top AI and Big Data coins on CoinMarketCap increased by more than 5.5% during the previous day. Its total market value surpassed $20 billion, but its net trading volume also increased, aiming for $2 billion.
According to CoinGecko, CorgiAI (CORGIAI) is among the tokens in the category with the quickest rate of growth. The Cronos-based AI meme coin’s valuation surpassed the remarkable $596 million threshold. By market capitalization, the token is headed towards the top 100 assets.
