Follow Us @
Token rises 500% after Trump’s billion-dollar investment in AI
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.
One US government investment in Artificial Intelligence (IA) is driving an explosive rally in the AI token SORA, which sees 500% growth in 24 hours.
Launched in the middle of the month, the project based on Solana and the Golang languageis showing a continuous increase in price, jumping from $0.0016 to $0.0370.
The rally began after significant “whale” movements in the market and spiked following President Donald Trump’s announcement of a investment of US$500 billion in AI.
Launched on the 15th, SORA is the native token of Sora Labs, an initiative that develops artificial intelligence (AI) tools and frameworks in the Solana ecosystem, using the Go programming language. Sora Labs’ flagship product is the Zen Framework, a modular, open-source system designed for conversational AI applications.
Launch without fanfare
As a trader highlights in a tweet that went viral on X, one of the biggest differences between Sora Labs and other similar tools, such as AI16Z, is that it can integrate with OpenAI tools such as GPT-4 (keep this information).
Despite being a new to the ecosystemits launch went unnoticed by part of the community. After going live, SORA even had a price drop. At launch, the AI cryptocurrency was priced at US$0.0089. It then rose to $0.010 in the following hours, but ended the first day at $0.0048.
However, Since the 20th, the token’s price has jumped from US$0.0016 to US$0.0370, an increase of 2,212%. In the last 24 hours alone, the variation was 529% up. Still oscillating, the rise has been attracting the attention of investors who want to understand why the search for SORA has increased considerably in recent days.
The first indication that could explain the rise is a message from Whale Watchan X profile dedicated to analyzing relevant movements in blockchain.
On January 20th, at 9:20 pm, the profile released information that a GOAT whale, a popular Solana memecoin, had acquired 6,002 SORA tokens for the price of $6.47 million.
Data from CoinGecko shows that hours before publication, the token fluctuated between US$0.0032 and US$0.0037. An hour later, at 10pm, SORA was being priced at $0.0051.
Token rises 500% after Trump’s billion-dollar investment in AI
Follow TODAYSGIST on Google News and receive alerts for the main trending SEO news, Ai news, latest Ways to rank your website, marketing discoveries, Local SEO and lots more!
Token rises 500% after Trump’s billion-dollar investment in AI
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
Token rises 500% after Trump’s billion-dollar investment in AI
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
Token rises 500% after Trump’s billion-dollar investment in AI