BasedAI is emerging as a significant player in the cryptocurrency landscape, leveraging artificial intelligence to enhance blockchain performance and utility. Its innovative approach aims to bridge the gap between traditional industries and cutting-edge AI technology, fostering a new wave of decentralized applications. As interest in AI-driven solutions continues to grow, BasedAI positions itself as a forward-thinking project poised for considerable growth and adoption.
more informationBio Protocol is an innovative cryptocurrency that aims to revolutionize the way biosciences and digital ecosystems interact. By enabling seamless data sharing and decentralized applications, it enhances transparency and efficiency within the biotech industry. As it continues to gain traction, Bio Protocol is positioned to play a pivotal role in the intersection of blockchain technology and biological research.
more informationGeneral Information |
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---|---|
Title
BasedAI
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Title
Bio Protocol
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Symbol
basedai
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Symbol
bio
|
Whitepaper
|
Whitepaper
|
Website
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Website
|
Community
-
|
Community
|
Last Updated
2025-01-21 23:51
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Last Updated
2025-02-01 23:51
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Price Data |
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Current Price $
3.38
$
|
Current Price $
0.192121
$
|
High 24h
3.65
$
|
High 24h
0.239972
$
|
Low 24h
3.33
$
|
Low 24h
0.190403
$
|
Price Change 24h
-0.1064483302883
$
|
Price Change 24h
-0.042547092217783
$
|
Price Change % 24h
-3.04912
%
|
Price Change % 24h
-18.13075
%
|
Market Data |
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Market Cap
120843683
|
Market Cap
312838630
|
Total Volume
1880871
|
Total Volume
40231679
|
Market Cap Change 24h
-3687014.4232692
|
Market Cap Change 24h
-67649464.667391
|
Market Cap Change % 24h
-2.96073
%
|
Market Cap Change % 24h
-17.77965
%
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
35669420
|
Circulating Supply
1628475924.8057
|
Total Supply
35669420
|
Total Supply
3320000000
|
Max Supply
-
|
Max Supply
3320000000
|
Historical Data |
|
All Time High (ATH)
11.12
|
All Time High (ATH)
0.888995
|
ATH Change %
-69.40849
%
|
ATH Change %
-78.42205
%
|
ATH Date
2024-04-12 04:55
|
ATH Date
2025-01-03 13:16
|
All Time Low (ATL)
1.61
|
All Time Low (ATL)
0.190403
|
ATL Change %
111.35476
%
|
ATL Change %
0.74767
%
|
ATL Date
2024-08-05 13:45
|
ATL Date
2025-02-01 23:25
|
BasedAI is an emerging cryptocurrency that has captured the attention of investors and developers alike. With a current price of $2.83 and a market capitalization of approximately $101 million, BasedAI is positioned within the competitive landscape of digital assets. As we delve deeper into its history, advantages, disadvantages, and future prospects, a clearer picture of its potential will emerge.
BasedAI has had a turbulent journey since its inception. Its all-time high (ATH) of $11.12 was recorded on April 12, 2024, a time when market conditions were particularly favorable for cryptocurrencies. However, it has since seen a significant correction, with a decline of about 74.47%, which speaks volumes about the volatility often associated with digital currencies. On the flip side, it has also reached an all-time low (ATL) of $1.61 on August 5, 2024, reflecting a 76.37% increase from that point. This pattern indicates that while BasedAI can experience drastic fluctuations, it also presents opportunities for strategic entry points for investors.
One notable advantage of BasedAI lies in its innovative approach to artificial intelligence integration within the blockchain space. The cryptocurrency aims to leverage AI technologies to enhance user experiences and optimize various processes within decentralized applications (dApps). This unique selling proposition can set BasedAI apart from other crypto projects that lack a strong focus on AI.
Moreover, the current market dynamics favor cryptocurrencies that utilize advanced technologies, potentially increasing the demand for BasedAI as the industry evolves. Additionally, the relatively low circulating supply of 35,669,420 tokens creates a scarcity that could support price growth, especially if adoption increases over time.
Despite its strengths, BasedAI faces several challenges. The main disadvantage is its recent price volatility, which may deter risk-averse investors. Such fluctuations can result in losses and can be challenging for investors trying to forecast the asset's future performance. Furthermore, the project must constantly evolve to meet the competitive pressures of other cryptocurrencies that may offer similar or superior technologies.
Another challenge is the dependency on broader market trends. As with most cryptocurrencies, BasedAI's price is often influenced by external factors, including regulatory developments and market sentiment. This reliance can be a double-edged sword, potentially leading to rapid gains or steep declines.
The future outlook for BasedAI appears cautiously optimistic. Given the ongoing interest in AI and crypto, as well as the expanding use cases for these technologies, BasedAI has the potential to find its niche within the ecosystem. Continued development and innovation, alongside a commitment to community engagement, will be crucial for building a solid user base and ecosystem.
Investment in BasedAI should be approached with a thorough understanding of its potential and risks. As the cryptocurrency landscape evolves, staying informed about technological advancements and market trends will aid investors in making educated decisions.
In summary, BasedAI presents a fascinating case within the cryptocurrency market, characterized by its unique focus on artificial intelligence and significant price movements since its launch. While it has potential advantages, associated risks are noteworthy. Future investors are advised to conduct thorough research and consider market conditions before investment.
For further insights, you can explore the project’s whitepaper here and visit the official website at getbased.ai.
Bio Protocol is a cryptocurrency that aims to bridge the gap between biology and blockchain technology. With its focus on creating a decentralized platform for biological data management and sharing, Bio Protocol offers a unique proposition in the crypto space. This article will delve into the coin's features, historical development, pros and cons, and future outlook.
Since its inception, Bio Protocol has shown promising growth and evolution. The coin's current price stands at approximately $0.81, with an all-time high (ATH) of $0.888995 achieved recently, indicating robust market interest. The all-time low (ATL) of $0.673779 establishes a solid baseline from which it has recovered. Over the past 24 hours, the market cap has seen a decline of around 5.93%, with a market cap currently hovering around $1.31 billion. This volatility reflects the dynamic nature of the crypto market and the specific challenges faced by newer coins like BIO.
One of the key advantages of Bio Protocol is its innovative approach to biological data. By leveraging blockchain technology, it can provide secure and transparent data sharing methods for research, healthcare, and biomedicine. This not only enhances security but also improves collaboration among researchers and institutions.
Additionally, the decentralized nature of Bio Protocol enables users to maintain control over their data, which is increasingly crucial in today’s data-driven world. The platform also aims to foster a community of users and developers, which is vital for the long-term sustainability and growth of any cryptocurrency.
Despite its advantages, Bio Protocol faces several challenges. The competition in the blockchain space is fierce, especially in the domain of biological and health-related cryptocurrencies. Established players with more resources and market presence pose a challenge that BIO must navigate carefully.
Furthermore, like many cryptocurrencies, Bio Protocol is susceptible to volatility and price fluctuations. Recent data shows a 6.18% decrease in price over the last 24 hours, which can be a concern for potential investors and users. Regulatory hurdles in the health and biotech sectors could also impact the adoption and functionality of the platform.
The future outlook for Bio Protocol appears cautiously optimistic. As the demand for secure and efficient data sharing in biomedicine and research grows, the platform may find robust use cases that encourage adoption. Strategic partnerships with research institutions or healthcare providers could significantly enhance its visibility and usability.
Moreover, ongoing development and enhancements outlined in the whitepaper provide a roadmap for progression. Continuous community engagement and innovation will be instrumental in achieving long-term success. As the cryptocurrency market matures, projects like Bio Protocol that can demonstrate tangible utility and value proposition may carve out a distinctive niche.
In conclusion, Bio Protocol stands as an intriguing cryptocurrency with its focus on biological data sharing via blockchain technology. While it possesses several advantages, including decentralization and data security, it must also address competitive pressures and market volatility to thrive. Investors and stakeholders should closely monitor its developments and market trends as it seeks to establish a presence in the evolving landscape of cryptocurrency.
For those interested in diving deeper, the project's website can be found at Bio Protocol, and their detailed whitepaper is available here.