What is the issuance price of AUDIO coins?

Launched at $0.25 USD in its 2020 ICO, AUDIO's price has fluctuated since then, influenced by factors such as platform adoption, competition, and market sentiment.

Nov 27, 2024 at 10:35 am

AUDIO Coin: Comprehensive Guide to Issuance Price and Trading

Understanding AUDIO Coin

AUDIO is a native utility token underpinning the Audius platform, a decentralized music streaming service. By leveraging blockchain technology, Audius empowers creators and listeners to interact directly, eliminating intermediaries and fostering a fairer music ecosystem.

AUDIO Coin Issuance Price

The issuance price of AUDIO coins, which refers to the initial price at which they were first offered to the public, was set at $0.25 USD during the token's initial coin offering (ICO) in October 2020.

Trading History and Market Performance

Since its launch, AUDIO coins have exhibited significant price fluctuations, influenced by various factors such as market demand, ecosystem developments, and overall cryptocurrency market sentiment.

October 2020 ICO: Initial issuance price of $0.25 USD.
Early 2021: Surge to over $4 USD, driven by growing interest in DeFi and music streaming applications.
Mid-2021: Correction to around $1 USD as the market cooled.
Late 2021: Rebound to over $2 USD, fueled by positive platform updates and partnerships.
2022: Market downturn with AUDIO dipping below $0.50 USD.

Factors Influencing AUDIO Coin Price

The price of AUDIO coins is influenced by a complex interplay of factors, including:

Platform adoption: Growing user base and ecosystem expansion can drive demand and increase the token's value.
Competition: Strong competition in the decentralized music streaming space can impact AUDIO's market share and token price.
Ecosystem developments: Updates to the platform, partnerships with artists, and integration with other DeFi protocols can enhance token utility and value.
Market sentiment: Overall cryptocurrency market sentiment and the performance of other digital assets can have a significant impact on AUDIO's price.

Where to Trade AUDIO Coins

AUDIO coins can be traded on a wide range of cryptocurrency exchanges, including:

Binance
Coinbase
Kraken
Huobi
Uniswap

Investors should always exercise caution and conduct thorough research before investing in any cryptocurrency.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

CAIR

$0.7971

777421.24%

Trade Now
SWFTC

$0.0378

78.03%

Trade Now
NEIRO

$0.0...06431

21.99%

Trade Now
ZANO

$10.0495

20.20%

Trade Now
MOG

$0.0...01364

16.31%

Trade Now
QTUM

$3.3463

15.48%

Trade Now

Latest Crypto News

Ozak AI vs. Cardano: Token and Blockchain Insights
2025-02-01 03:20:55
Plus Wallet: The Future of Crypto Wallets Is Here
2025-02-01 03:20:55
Trump's Memecoin Feasibility Questioned as New Entry #Pepeto Emerges as an Alternative
2025-02-01 03:20:55
Shiba Inu (SHIB) Could Jump Right Back Up This Year as Burn Rate Surges and ShibOS Launches
2025-02-01 03:20:55
PEPE Rallies 10% as 'Dogecoin Millionaire' Glauber Contessoto Shares His Easiest Trade Yet
2025-02-01 03:11:36
Dogecoin (DOGE) Price Prediction: DOGE Eyes a Move Above $1 in February
2025-02-01 03:11:36

Related knowledge

xrp withdrawal function

Jan 19,2025 at 01:48pm

Welcome to the Wild World of Crypto: A Beginner's Guide to Navigating the Digital Currency JungleHey there, fellow newbie! So, you've heard about this crypto thing and you're all like, "What the heck is that?" Well, buckle up, my friend, because I'm about to take you on a thrilling adventure into the fascinating world of digital currencies!Chapter 1: Wh...

xrp price trend analysis

Jan 20,2025 at 11:54pm

XRPPPPPP – An Epic Adventure for Crypto NewbiesHey there, crypto-curious adventurer! I'm gonna take you on a wild ride through the magical realm of XRP, the up-and-comer that's got everyone buzzing. Strap in, newbie, 'cause we're about to demystify this crypto thing once and for all.What the Heck is XRP, Anyway?Think of XRP as the cool kid hanging out i...

what is ripple xrp

Jan 20,2025 at 01:25pm

Yo, What's Up with This Ripple XRP Thing?Hey there, my crypto-curious friend! You've heard whispers about Ripple XRP, right? It's this cool digital coin that's been making waves (pun intended) in the crypto world. Let's dive into what it is and how it works, in a way that even your grandma could understand.What the Heck is Ripple XRP?Think of Ripple XRP...

xrp releases latest announcement

Jan 21,2025 at 01:06am

XRMP just dropped some major news! Hold on tight, folks!Buckle up, XRP fam, because the team just hit us with a fresh announcement that's got our crypto hearts racing! Let's dive right in and unwrap this juicy scoop, shall we?So, What's the Buzz?XRMP, the boss behind the XRP coin, has been working tirelessly behind the scenes, and now they're ready to s...

xrp historical high point

Jan 20,2025 at 11:48pm

XRP historical high point: The wild ride of a cryptocurrencyYo, what's up crypto newbies! Got your eyes on XRP and wondering what the heck is its historical high point? You've come to the right crib. Let's hop on this rollercoaster and take a trip through XRP's highest highs and lowest lows.What's XRP, anyway?XRP is like the cool kid in the crypto block...

xrp currency price prediction

Jan 19,2025 at 02:41pm

Yo, Newbs! Let's Dive into XRP: The Crypto with a Shady Past and a Bright FutureListen up, rookies, it's time to get schooled on XRP, the crypto that's been on a wild roller coaster ride. We're gonna break down everything you need to know about this digital coin, from its scandalous past to its potentially epic future.What's XRP, Dude?Picture this: a cr...