Aioz Crypto: Smart Investment Or Risky Gamble?

AIOZ Network is a Singapore-based blockchain network that focuses on delivering decentralised digital content. It is a decentralised content delivery network (dCDN) that distributes data among global, user-run nodes to deliver digital content. The AIOZ token is the network's cryptocurrency and is used to reward users for sharing their computational resources for storing, transcoding, and streaming digital media content. The AIOZ Network is supported by the AIOZ coin, which can be bought, sold, and traded on exchanges. As of May 8, 2024, AIOZ was worth approximately $0.8055, with a total supply of 1.09 billion tokens. The AIOZ Network has a strong team and a promising roadmap, but it is hard to say if it is a good investment as the cryptocurrency market is highly volatile and prices can fluctuate.

AIOZ Network's price history

AIOZ Networks Price History

The native cryptocurrency for the AIOZ Network, AIOZ-USD, saw a surge in trading in April 2021 after the network reached 20,000 nodes. The price of AIOZ-USD increased by over 20% in 24 hours. The AIOZ Network is a Decentralized Content Delivery Network (dCDN) that uses blockchain technology to make video streaming more efficient in terms of data usage and costs.

On 3 April 2021, the AIOZ Network reached an all-time high price of BTC0.00004467 or $2.77. This is 82.10% higher than the current price of $0.4772, or $0.473586, depending on the source. The AIOZ Network is ranked 110th or 135th in terms of market capitalisation, with a live market cap of $532,346,124 or $8,374.3201.

The AIOZ Network has a circulating supply of 1.1 billion AIOZ coins, with an unlimited maximum supply. The 24-hour trading volume for the AIOZ Network is $6,498,415 or $8,266,262.33, representing a 264% increase from the previous day.

The AIOZ Network reached a milestone of 20,000 nodes on its network, with over 50,000 community members and 20,000 token holders. The network has also recently announced a partnership with the social video app Omni.

AIOZ's future price predictions

AIOZ is the native cryptocurrency for the AIOZ Network, a Singapore-based blockchain network that focuses on delivering decentralised digital content. The AIOZ network uses the blockchain to make high-quality video streaming more efficient in terms of both data usage and costs.

AIOZ's price has been volatile since its launch in April 2021. It reached an all-time high of $2.67 in April 2021, but fell below $0.20 in July of the same year. In 2022, the collapse of the Terra (LUNA) blockchain and the bankruptcy of the FTX (FTT) exchange damaged AIOZ's price, with the coin closing the year at $0.03175, down nearly 95% from the previous year.

In 2023, AIOZ benefitted from a buoyant market, reaching a high of $0.05243 in February. However, news that the United States Securities and Exchange Commission (SEC) was suing the Binance and Coinbase exchanges caused the coin to sink to an all-time low of $0.01105 in September. AIOZ made a partial recovery, ending the year at $0.1417, an annual rise of nearly 350%.

As of May 8, 2024, AIOZ was worth about $0.8055, with a market cap of around $879.1 million, making it the 91st largest cryptocurrency by that metric. The coin reached an all-time high of $1 on March 24, 2024, but subsequently dropped to a low of $0.50 on April 13.

• CoinCodex predicted that AIOZ would reach $1.05 by May 13, 2024, and $2.64 by June 7, 2024.
• DigitalCoinPrice predicted AIOZ to reach $1.79 in 2024 and $2.09 in 2025.
• Bitnation predicted AIOZ to reach $2.25 in 2024 and $3.06 in 2025.
• PricePrediction.net predicted AIOZ to trade at $1.05 in 2023, $1.64 in 2025, and $11.20 by 2030.
• Wallet Investor had a bearish one-year forecast of 17.5 cents.
• Pick A Crypto had a bullish prediction of between $7.50 and $15 by the end of 2021, with long-term potential to reach $50 or even $100.
• Digital Coin Price predicted a price of $1.90 by the end of 2021 and $3.81 by the end of 2025.
• Price Prediction and Technewsleader both expected AIOZ to surpass $2 in the next five years, with Technewsleader forecasting a high of $14.55 by 2031.
• Google's BardAI platform predicted a short-term price of $2.97, a medium-term price of $4.30, and a long-term price of $29.52.

It is important to note that price predictions are often inaccurate, and analysts' forecasts can be wrong. Cryptocurrency is a highly volatile and risky investment, and investors should do their own research and never invest more than they can afford to lose.

AIOZ's pros and cons

Pros

• AIOZ Network is a Decentralized Content Delivery Network (dCDN) that makes high-quality video streaming more efficient in terms of data usage and costs.
• It is a Singapore-based blockchain network that focuses on delivering decentralised digital content.
• It has a live digital streaming platform, AIOZ Tube, which removes middlemen, redistributes control, and rewards content creators, viewers, and node operators.
• It has a strong team and a promising roadmap, which could attract new users and investors to the project.
• It has the potential to revolutionize the way that video content is streamed online.
• It has been included in South Korea's premier exchange, Bithumb's, list of tradable assets.
• It has a large community, with over 50,000 members and 20,000 token holders.

Cons

• The AIOZ token price is highly volatile and subject to market speculation.
• The whitepaper, a key indicator of the project's technical feasibility, is not available on the site.
• The project has a poor safety score of 3.99 on isthiscoinascam.com.
• The network's founder and CEO, Erman Tjiputra, has limited commercial experience listed on his LinkedIn profile.
• The AIOZ Network is currently in the early stages of development, and its token price may be more volatile than that of more established cryptocurrencies.
• The overall cryptocurrency market is currently in a bearish trend, which could negatively impact the price of AIOZ.

AIOZ's competitors

AIOZ Network has a vast number of competitors, with 970 active competitors as of May 2024. Here is an overview of AIOZ's competitors, including the top 5 competitors and some honourable mentions:

Top 5 Competitors

• Parameta: Focused on enabling the transition from Web2 to the Web3 ecosystem within the blockchain technology sector.
• Validation Cloud: Specialises in Web3 infrastructure, providing services in the blockchain technology sector, including node operation and staking-as-a-service.
• META ERA: A web3 resource aggregator, offering a blockchain media platform specialising in the metaverse.
• Turingum: Provides consulting services for Web3 business projects, including tokenisation and blockchain integration.
• Zaisan: Provides web3 projects with industry-specific services within the blockchain and decentralised systems sector. Offers web3 consultancy, tokenisation services, and blockchain infrastructure support.

Honourable Mentions

• Scaling Parrots: A blockchain technology company offering consulting and development services to help businesses integrate blockchain solutions.
• Kiln: Focuses on staking services across various proof-of-stake blockchains, offering non-custodial staking, validator deployment, and rewards management.
• Alchemy: Focuses on Web Three development, providing tools and APIs to build and scale web three applications, enabling faster transactions and real-time data.
• QuickNode: Provides a Web3 infrastructure platform to help developers and businesses build, launch, and scale blockchain-powered applications.
• PANONY: Integrates vertical media and consultancy services in blockchain, digital assets, and fintech. Invests in blockchain- and Web3-focused startups.

AIOZ's potential for growth

AIOZ Network is a Singapore-based blockchain network that focuses on delivering decentralised digital content. It is a decentralised content delivery network (dCDN) that distributes data among global, user-run nodes to deliver digital content. The aim of the geographically distributed nodes (servers) is to speed up the delivery of digital content by bringing it closer to the request source.

AIOZ Network uses the blockchain to make high-quality video streaming more efficient in terms of data usage and costs. When a video is streamed, it is typically supplied by a single, central Content Delivery Network (CDN). However, as AIOZ Network is a Decentralized Content Delivery Network (dCDN), a video is streamed via peer-to-peer nodes, making the network more reliable and efficient while reducing computational and overhead costs.

AIOZ Network's native token experienced a surge in market value in late 2023, thanks partly to news of an upgrade. The network also recently reached a milestone of 20,000 nodes, with over 50,000 community members and more than 20,000 token holders.

The AIOZ coin value reached a peak of $0.5094 on 2 January 2022, before falling. This peak was below the all-time high of $2.5084 on 3 April 2021, the day after the token's launch. The current price of $0.473586 USD is a 12.60% increase in the last 24 hours.

AIOZ Network has a circulating supply of 1,124,074,579 AIOZ coins, with a market cap of $532,346,124 USD. The price of AIOZ has increased by 25.40% in the last 7 days, outperforming the global cryptocurrency market.

Looking at price predictions, DigitalCoinPrice expects AIOZ to reach $1.79 in 2024, $2.09 in 2025, and $6.09 in 2030. Bitnation's predictions are higher, with an expected price of $2.25 in 2024, $3.06 in 2025, and $7.09 in 2030. PricePrediction.net predicts a price of $11.20 by the start of the next decade.

Technewsleader and Price Prediction both expect AIOZ to surpass $2 in the next five years, with Price Prediction forecasting a potential price of up to $18.27 by 2031.

However, it is important to remember that price predictions can be inaccurate, and the cryptocurrency market is extremely high-risk.

Frequently asked questions