This article centers around a thorough assessment of ORAI coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.
What is ORAİCHAİN (ORAI) Coin?
Oraichain (ORAI) is a cryptocurrency that powers the Oraichain platform. Oraichain aims to bridge the gap between AI and blockchain Technologies , allowing developers to access AI models and services on-chain . The ORAI coin serves as a utility token within the ecosystem, enabling users to participate in governance decisions , pay for AI services, and incentivize network participants . It combines the potential of artificial intelligence with the security and transparency of blockchain technology .
If you want to know more about the Oraichain (ORAI) coin , you can visit its website .
https://orai.io/
Projects:
Oraichain (ORAI) has several projects that contribute to its ecosystem :
1.Oraichain Core : This is the foundational layer of the Oraichain network , providing a secure and decentralized infrastructure for AI services .
- Oracle Pools : These are decentralized pools where users can stake ORAI tokens to become data providers or validators . They ensure reliable and accurate off-chain data feeds for smart contracts .
- AI Marketplace : The AI Marketplace allows developers to monetize their AI models by selling them as services on the Oraichain platform . Users can access these services using ORAI tokens .
- Governance Model : ORAI token holders have governance rights in the Oraichain ecosystem , enabling them to participate in decision-making processes such as protocol upgrades and parameter adjustments .
- DApp Integration : Oraichain aims to integrate with existing decentralized applications (dApps) , allowing developers to easily leverage AI capabilities within their projects through smart contract interactions .
These projects collectively aim to create an environment where AI technologies can be readily accessible, transparently governed, and seamlessly integrated into blockchain-powered applications .
Factors affecting price:
The price of Oraichain (ORAI) coin can be influenced by various factors, including:
- Market Demand : The overall demand for ORAI tokens in the cryptocurrency market plays a significant role in determining its price . Factors such as investor sentiment , market trends , and adoption of the Oraichain platform can impact demand .
- Token Utility : The utility and functionality of ORAI within the Oraichain ecosystem can influence its price. If there is high demand for AI services on the platform or if more users are staking ORAI tokens for data provision or validation , it may positively impact the token’s value .
- Partnerships and Integrations : Collaborations with other projects or businesses can enhance the visibility and credibility of Oraichain . Partnerships that expand its user base, increase adoption, or create new use cases have the potential to positively affect ORAI ‘s price .
- Market Sentiment towards AI and Blockchain : Broader market sentiment towards artificial intelligence (AI) technologies and blockchain innovation can indirectly impact ORAI’s price . Positive developments in these spaces could generate interest among investors seeking exposure to projects like Oraichain .
- Regulatory Environment : Regulatory changes related to cryptocurrencies and blockchain technology at large may affect investor confidence in ORAI tokens and potentially influence their pricing Dynamics .
It is important to note that cryptocurrency markets are highly volatile, driven by a range of factors beyond those mentioned above . Therefore, investing in any digital asset involves risks, including potential fluctuations in token prices .
Where can I buy ORAİCHAİN Coin (ORAI)?
Exchange Pair Volume
ORAİCHAİN Coin (ORAI) Baseline Assessment :
The market cap of the ORAİCHAİN (ORAI) coin is $ 15.549.806 and its circulating supply is 5.615.988 units. Its maximum Supply is 19.779.269 units, with a fully diluted valuation of $ 54.765.752.
What is the high price point for ORAİCHAİNCoin (ORAI)?
Oraichain (ORAI) highest price is $107.48 recorded on Feb 20, 2021 . The current price is –97.44% lower than the all-time high .
What is the low point of the price for ORAİCHAİN Coin (ORAI)?
Oraichain (ORAI) token’s lowest price was $0.9139 on Nov 22, 2022 .
ORAİCHAİN Coin (ORAI) Technical Outlook:
Oraichain (ORAI) coin, which was $95 on 22 Feb 2021, dropped to $0.913 on 14 Nov 2022. From here , it rose again to 11.83$ in a short time and realized an increase of 1208%. It could not be permanent at this level and regressed to $2.73. It started to consolidate at $2.73 in recent weeks. This level is the region where the volume is concentrated in our downtrend . Also, the fibo of our downtrend is 0.236. Especially , candle closings with volume above $4.70 may initiate the upward movement.
Our support is $2.73, our sequential resistances are: $5.38 – $9.31 – $16.10 – $35.15 – $95
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .
