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TürkçeCortex Information
Cortex is an innovative blockchain project that aims to integrate artificial intelligence with smart contracts, enabling developers to harness the power of AI in their decentralized applications. By allowing AI models to be uploaded and executed on the blockchain, Cortex opens up new possibilities for automation and decision-making in various industries. This blend of AI and blockchain technology positions Cortex as a forward-thinking solution in the rapidly evolving cryptocurrency landscape.
Exploring Cortex: A Unique Player in the Crypto Space
Cortex (CTXC) is gaining traction in the cryptocurrency market as a platform that seeks to integrate artificial intelligence with blockchain technology. Its unique blend of features and capabilities makes it a noteworthy project to explore not only for its potential applications but also for its historical performance and future outlook.
What is Cortex?
Cortex is designed to provide a decentralized platform for AI models, enabling users to upload, store, and implement AI models on the blockchain. By using smart contracts, users can access and execute these models, which can be used in various applications across sectors including finance, healthcare, and more. The underlying idea is to create an ecosystem where AI can thrive without centralized control, allowing for increased collaboration and innovation.
Historical Performance: A Look Back
Since its inception, Cortex has experienced notable price fluctuations. The project achieved its all-time high (ATH) of $2.39 on April 30, 2018. Since then, it has faced significant declines, hitting an all-time low (ATL) of approximately $0.0309 on March 13, 2020, marking a stark change in its market position. However, from that low point, the price has rebounded dramatically, reflecting a percentage increase of almost 1796% to its current value of around $0.58.
Advantages of Cortex
Cortex holds several advantages that underline its potential:
- Integration of AI and Blockchain: Cortex stands out for its innovative approach in merging artificial intelligence with blockchain technology, which could open new avenues for decentralized applications.
- Robust Community and Ecosystem: The developers and the community behind Cortex are actively working towards enhancing the ecosystem, offering continual updates and improvements.
- Diverse Use Cases: The ability to integrate AI models diversifies the potential applications of the Cortex platform, catering to industries ranging from healthcare to finance.
Challenges and Drawbacks
Despite its advantages, Cortex faces several challenges:
- Market Volatility: Like many cryptocurrencies, CTXC is susceptible to market fluctuations, which can affect investor confidence and participation.
- Competition: The integration of AI within blockchain is a rapidly evolving field, and Cortex faces competition from other projects that may offer similar or superior features.
- Regulatory Environment: The project may encounter regulatory challenges that could impact its ability to operate or grow within certain jurisdictions.
Future Outlook
As we look to the future, several factors could impact the trajectory of Cortex. The ongoing development of AI technologies and increasing interest in decentralized applications could provide fertile ground for the growth of Cortex. Additionally, its unique proposition of leveraging AI in a decentralized manner sets it apart from many other cryptocurrencies.
With a market cap of approximately $132 million and a circulating supply of about 225 million CTXC, the coin has the potential for growth as it continues to innovate and expand its ecosystem. However, investors should remain cautious and conduct thorough research to understand both the risks and opportunities associated with investing in Cortex.
Conclusion
Cortex represents an ambitious merging of artificial intelligence with blockchain technology, and although it faces challenges typical of the cryptocurrency space, its unique value proposition and strong community support could pave the way for future success. Monitoring its developments will be critical for those interested in this innovative project as it navigates the volatile waters of the crypto market.
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from price
$1
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General Information |
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Title
Cortex
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Symbol
ctxc
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Whitepaper
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Website
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Community
-
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Last Updated
2024-12-14 23:58
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Price Data |
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Current Price $
0.958207
$
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High 24h
0.964116
$
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Low 24h
0.868105
$
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Price Change 24h
0.090102
$
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Price Change % 24h
10.3792
%
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Market Data |
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Market Cap
216503233
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Total Volume
41880272
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Market Cap Change 24h
19882839
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Market Cap Change % 24h
10.1123
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
225946193.21875
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Total Supply
299792458
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Max Supply
-
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Historical Data |
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All Time High (ATH)
2.39
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ATH Change %
-59.8659
%
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ATH Date
2018-04-30 00:29
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All Time Low (ATL)
0.03088935
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ATL Change %
3007.66913
%
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ATL Date
2020-03-13 02:29
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