Audius is a blockchain-powered music streaming platform that allows artists to monetize their work. It has seen a 130% surge in price today, with the company’s market cap reaching $547 million.
Audius, a cryptocurrency designed to be the Sound Money of the Internet, has seen its price surge over 130% in a day.
- Within 24 hours, Audius (AUDIO) has increased by more than 130 percent.
- It’s a music streaming and sharing network that’s powered by cryptocurrency.
- AUDIO is one of the market’s biggest gainers during the past 24 hours.
- TikTok and Audius have teamed together.
For different cryptocurrencies, every day is a on and off switch. Some digital assets are increasing in value while others are decreasing, which seems to be typical in the cryptocurrency market. The majority of the world’s population is adopting bitcoin, and the sector is growing at a breakneck pace.
The crypto market has gotten a lot of attention, and many institutional investors are concentrating on cryptocurrencies instead of equities and shares. Because digital currencies seem to be the way of the future in the financial sector, other businesses are preparing the way for their integration. Similarly, today is the day for the Audius, which rises to 130 percent in less than a day.
The Audius (AUDIO) platform provides an open network, platform governance, and security for artist work. The platform was created in 2018 and deployed in 2019. It is based on the Ethereum and Solana blockchains. Users may also make money by staking the platform’s native currency on hosted services, according to the Audius protocol.
Situation on the Market Right Now
At the time of writing, the trading price of Audius (AUDIO) on Coinmarketcap was $3.95. The trading volume over the last 24 hours was $1,079,502,347, and AUDIO has increased by 133.21 percent in a single day.
Audius’s Trading Chart
For the last 24 hours, the bullish price over Audius has been shown on the chart. Within a day, AUDIO has risen from $1.92 to $3.95, which seems to be a cakewalk for its customers. The total number of AUDIO coins in circulation is 400,244,277. Binance, Tokocrypto, FTX, BitWell, and Hotcoin Global are among the major exchanges that accept it.
TikTok and Audius have teamed together.
Auduis, a blockchain-based music platform, has announced a first-of-its-kind collaboration with TikTok, which will enable musicians to submit sounds straight to the app. Audius users may now quickly and easily share their songs on TikTok.
Audius is the first music streaming platform that allow users to share straight to TikTok. This functionality became online on Monday, and Audius customers may start using it on August 16.
The new collaboration with TikTok may be the cause of the AUDIO price increase, based on recent revisions. However, the upward tendency has created a sweet spot for AUDIO users. Users can anticipate additional price increases as their system evolves. Audius is also one among the top gainers during the last 24 hours. If this trend continues, AUDIO users will be richly rewarded in the not-too-distant future.
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