LayerAI stands as a pioneering ZK Layer-2 blockchain designed to fuel the AI revolution by enabling users to monetize their AI data. In this analysis, we explore the latest LayerAI price trends, market statistics, and technological foundations, offering a clear perspective for enthusiasts and investors alike.
LayerAI Price Today
As of the latest data, LayerAI (LAI) is trading at $0.000524**, reflecting a decrease of 9.7% over the past 24 hours. The token's price has fluctuated between **$0.000508 and $0.000636** during this period. With a circulating supply of 2.31 billion LAI (77% of the max supply of 3 billion), the market capitalization stands at approximately **$1.21 million. Despite its current value, LayerAI reached an all-time high (ATH) of $0.147 on March 17, 2023, which represents a decline of over 99.6% from its peak.
Trading volume over the last 24 hours totals $235.21 thousand, indicating moderate market activity. LayerAI currently accounts for 0.00% of the total cryptocurrency market, highlighting its niche but growing presence.
Understanding LayerAI (LAI)
LayerAI is a ZK Layer-2 blockchain that leverages zkRollup technology to provide a scalable and efficient ecosystem. It empowers users to transform daily tasks into income streams by monetizing AI data. Key features include:
- Scalability: As an EVM-compatible layer-2 solution, LayerAI supports extensive codebase libraries, facilitating easy onboarding for developers and users.
- Decentralization: The network employs a Proof-of-Activity consensus mechanism, ensuring security grows with adoption and minimizing centralized control.
- Flexibility: With ultra-low transaction costs and scalable infrastructure, LayerAI integrates data capsules, AI tooling, and pluggable earn modules to expand the global AI economy.
Previously known as CryptoGPT, the project rebranded to LayerAI to better reflect its mission and technological focus.
Market Data and Statistics
LayerAI's tokenomics are structured around a fixed max supply of 3 billion LAI. Current circulating supply is 2.31 billion tokens, with only 0.13% (3.83 million) held in reserves or other allocations. This limited supply model aims to promote scarcity and potential value appreciation over time.
The token's market performance is influenced by factors such as AI industry trends, blockchain adoption, and overall crypto market sentiment. Investors should monitor trading volumes and price movements to identify opportunities.
How to Track LayerAI Prices
Tracking LAI prices requires reliable tools and platforms. Many cryptocurrency exchanges and market aggregators provide real-time data, including price charts, historical trends, and volume analysis. Utilizing these resources helps investors make informed decisions based on current market conditions. For detailed insights and advanced tracking, 👉 explore real-time market tools.
Factors Influencing LAI's Value
Several elements impact LayerAI's price dynamics:
- AI Industry Growth: As artificial intelligence gains traction, demand for data monetization platforms could drive LAI's utility.
- Blockchain Adoption: Increased use of Layer-2 solutions may boost network activity and token value.
- Market Sentiment: General crypto market trends often affect altcoins like LAI, causing correlated price movements.
- Technological Developments: Upgrades to the LayerAI ecosystem, such as enhanced scalability or new features, can positively influence investor confidence.
Frequently Asked Questions
What is LayerAI (LAI)?
LayerAI is a ZK Layer-2 blockchain that enables users to monetize AI data through a decentralized network. It uses zkRollup technology for scalability and low-cost transactions.
How can I buy LayerAI tokens?
LAI tokens are available on various cryptocurrency exchanges. You can purchase them using USD, BTC, ETH, or other fiat currencies by creating an account on a supported platform and completing the transaction.
What is the max supply of LAI?
The maximum supply of LAI is fixed at 3 billion tokens, with approximately 2.31 billion currently in circulation.
Why did LayerAI rebrand from CryptoGPT?
The rebranding to LayerAI aimed to better align the project's name with its core mission of leveraging layer-2 blockchain technology for AI data monetization, moving beyond the initial ChatGPT-inspired concept.
Is LayerAI a good investment?
Investment potential depends on individual risk tolerance and market research. While LayerAI offers innovative technology, crypto investments are volatile, so consider factors like project development and market trends before deciding.
How does Proof-of-Activity work?
Proof-of-Activity is a consensus mechanism that combines proof-of-work and proof-of-stake elements. It ensures network security increases with user activity, promoting decentralization and resilience.
Conclusion
LayerAI represents a fusion of blockchain and artificial intelligence, offering unique opportunities for data monetization and decentralized growth. While its current price remains modest compared to historical highs, the project's technological foundation and market position suggest potential for future development. Investors and users should stay informed through reliable sources and market analysis tools. For ongoing updates and deep dives into crypto assets, 👉 access comprehensive market strategies.