Cryptify Al, listed with CRAI symbol, has been recently rousing the cryptocurrency market since it is the AI trading platform integrated with blockchain. The token has experienced a drastic increase in price and trading volume as investors engage more and more with the concept of AI backed cryptocurrencies.
As of this writing, CRAI is but a #3150 player in the world of cryptocurrencies with a value at $0.005555, rising by 12,20% in the past 24 hours. This positive price movement has attracted traders and investors searching for new opportunities in conjunction between the technologies of artificial intelligence and cryptocurrencies.
Once more, Cryptify AI has a small-cap of $3.59 million, solidifying its status as a small yet possibly developing cryptocurrency. FDV or the fully diluted market value established was $5.45 million, thus explaining why the asset value will increase as more token gains circulation.
The level of traffic, which is one of the most significant characteristics of Cryptify AI’s activity in recent months, also deserves attention. For the last 24 hours, this token has approximated $407,380 in volumes, a 19.91% rise. Production of these coins rose indicating augmented liquidity and trader interest in the subject venture. The volume-to-market cap ratio of 11.34 is an excellent amount of trading to the token market capitalization.
Token distribution of Cryptify AI is organized to have a total token supply of a base 1,000,000,000 CRAI tokens similar to many successful crypto projects. At the time of writing this report, 647 million CRAI tokens are stated to be in circulation that is approximately 64.7% of the total supply. This circulation rate is not only reasonable, but it may also prove quite stable, with the tokens’ possible emission in larger quantities in the future.
The objective of the project is to change the approach to social media marketing by using AI and big data strategies. However, Cryptify AI presents a full package that closes the gap between the amount invested and the result achieved in influencer marketing approaches. Being an advanced interface that leverages AI to boost businesses’ marketing, MarketingSXM provides timely and effective recommendations on how exactly businesses can diversify their campaigns to achieve the highest ROI.
Originally designed for Web3 companies, Cryptify AI’s platform presents the breakdown of KOL investments with the ability to prove causality between on-chain and social media comments on tokens. This makes it easy for businesses to quantify the returns of marketing within this complex and constantly evolving world of cryptocurrencies.
In the future upgrades, Cryptify AI hopes to introduce services for Web2 companies with a level of marketing expense investigation on various social media platforms that haven’t been seen before. The system quantifies positive and negative perceptions, shows correlation and effects, determines ROI and gives machine learning recommendations for improvement.
The creators of Cryptify AI have a diverse experience in both AI and blockchain industries, thus making Cryptify AI among leaders in the emerging market of AI-based cryptographic products. Such synergy of technologies has the potential to solve large-scale problems in both digital marketing and data processing in the digital currency sphere.
Cryptify AI offers an interesting proposition to anyone targeting the cryptocurrency market as an investor or a fan. This is a big contrast to many presently traded tokens that provide non-direct utility through/speculative use cases in the application of technology. Recent price blossoming and ascending trading volume indicate a gradual market appreciation of this fresh approach.
But just like any other cryoptocurrency investment, potential investors should exercise a lot of caution. The small-cap category can be rather sensitive and risky, so specific due diligence must be consulted prior to the decision. The performance of Cryptify AI will therefore depend on technological advancement in the protocols and technology behind the platform, as well as user adoption of this technology.
The future development of the market is aimed at self-organization and stabilization, so, using the example of such young projects as Cryptify AI, it can be noticed that projects that influence people’s lives in a positive way, offering real useful capabilities, are most likely to succeed. While the use of AI and Blockchain is still evolving in the tech space, the experiences of Cryptify AI will be of immense interest to marketers and data scientists interested in business intelligence and innovative marketing in the context of the crypto sphere.
