Trading Analysis of Sleepless AI
I think the analysis show positive trend.
Sleepless AI is a Web3 gaming platform that integrates artificial intelligence and blockchain technology to enhance the gaming experience. Its native cryptocurrency, AI, has experienced significant price fluctuations since its inception.
In March 2024, AI reached an all-time high of approximately $2.34. However, by August 2024, the price had declined to an all-time low of around $0.2650. As of January 7, 2025, AI is trading at approximately $0.79, reflecting a 66.3% decrease from its peak.
The 24-hour trading volume for AI has also varied, with recent figures around $77.33 million. This volume indicates active trading and interest in the cryptocurrency.
The circulating supply of AI tokens is approximately 261 million, with a total supply capped at 1 billion tokens. This supply structure influences the token's market capitalization and price dynamics.
The price volatility of AI reflects broader market trends and investor sentiment within the cryptocurrency space. Factors such as technological developments, market adoption, and macroeconomic conditions contribute to these fluctuations.
Investors should exercise caution and conduct thorough research before engaging in cryptocurrency trading, as the market is known for its rapid changes and inherent risks.