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AIOZ Network token rises 17% after Bithumb listing announcement

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.

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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