Audius, a decentralized music platform powered by the
AUDIO coin, continues to make significant strides in the music and blockchain industry. The
partnership with U.S. PROs marks a significant step in ensuring artist royalties are upheld in the crypto space. Their recent ventures have raised speculations about the AUDIO price possibly reaching the $1 mark between 2024 and 2030.
Innovating within the music industry, Audius has amplified artists' earnings through their
music marketplace, accompanying its main service of a decentralized, community-focused, and AI-friendly future for music. Their recent integration with
TikTok has boosted their market cap past $1B, drawing the attention of investors such as Katy Perry, Chainsmokers, and Pusha T.
However, it hasn't been all smooth sailing for Audius. The platform experienced a substantial setback with a
successful hacking attempt that saw $1.08M drained from Audius. There are also ongoing debates on whether crypto landmines such as the AUDIO coin could potentially wipe out investor wealth. Yet, despite these setbacks,
Audius continues to stride forward, attracting up to 5M monthly users.
The promising outlook for the future of Audius is reflected in the rapid price growth of AUDIO. The token shot up by 56% within 24 hours before experiencing a pullback. Despite a minor drop after hitting an all-time high of $1.17, the coin has maintained substantial price growth, being up 95% in just 7 days.
Audius Coin News Analytics from Thu, 30 Jul 2020 07:00:00 GMT to Wed, 26 Jun 2024 08:54:23 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 4
