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Audius — A Decentralized Music Streaming Protocol Is up 51%

Published 11/18/2021, 02:14 AM
Updated 11/18/2021, 02:30 AM
Audius — A Decentralized Music Streaming Protocol Is up 51%
SPOT
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  • AUDIO token jumped by over 51% in the last 24-hours.
  • As a result, the AUDIO token hit a new all-time high of around $3.69 on November 18.

Audius, the rising music streaming service is becoming more popular. In fact, its native token, AUDIO, is currently in bullish mode. AUDIO token jumped by over 51% in the last 24-hour period. As a result, the AUDIO token hit a new all-time high of around $3.69 on November 18. This shows that many users are investing and liking the platform.

Audius is trading at $3.15 with a 24-hour trading volume of $259,302,335, according to CoinMarketCap satista. Thus, Audius is up 49.87% in the last 24-hours. This bullish momentum pushed the crypto to rank #83 on CoinMarketCap.

To clarify, Audius is a decentralized music-sharing and streaming platform, helping transactions between creators and auditors. Therefore, it gives everyone the freedom to monetize, share, and stream any audio content.

Note that Audius is a new music streaming platform developed for musicians. In fact, many refer to it as “Spotify (NYSE:SPOT) Rival” because many international artists invest in it. However, the contrast in Audius is that it is powered by blockchain technology.

As a decentralized music streaming protocol built-in blockchain infrastructure, Audius lets artists distribute their music and allow fans to pay artists directly.

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