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About OXAI

The dawn of the AI era is upon us. The OxAI Web3 Infrastructure Protocol unlocks Decentralized AI Computation for any human or machine in the world, without compromising data privacy or security. The OxAI Bot puts AI-powered insights in the palm of your hands to augment your intelligence and empower you to make smarter, more informed decisions with the AI Suite.AI has the potential to add up to $13 trillion to global GDP and create up to 133 million new jobs by 2030.We are inspired by the great potential of Artificial Intelligence (AI) and how it can revolutionize the way we live, work, and play.OxAI brings together the best of AI and blockchain technology and is built on the principles of decentralization and inclusivity, with a platform that offers powerful AI-based services, lowers the barriers to entry and makes AI accessible to anyone and everyone.

OxAI.com (OXAI) is a cryptocurrency launched in 2023. OXAI has a current supply of 1,000.00Bn with 0 in circulation. The last known price of OXAI is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://oxai.com/.

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OXAI Price Statistics
OXAI’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4571
OXAI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$861,842.13
OXAI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
OXAI Supply
Circulating Supply
0
Total Supply
1,000.00Bn
Max Supply
1,000.00Bn
Updated Mar 05, 2024 9:21 am
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OXAI
OxAI.com
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Curve Finance Founder's Large Token Holdings Lead to Market Panic
Curve Finance Founder's Large Token Holdings Lead to Market Panic
According to Bloomberg, in the cryptocurrency industry, it's typical for founders to accumulate substantial amounts of their project's native token as a stake in the business. This approach, while promoting transparency and offering a more liquid exit strategy, can sometimes lead to complications. For instance, when executives and venture-capital backers hold significant portions of a token, market liquidity can become scarce when they sell. This has led some to resort to unconventional methods to liquidate their holdings. A recent incident involving Curve Finance founder Michael Egorov serves as a prime example. Egorov's trading of nearly $96 million in stablecoin loans was backed by approximately $140 million of his CRV holdings as collateral. This collateral was spread across several DeFi platforms, including Curve's own LlamaLend. However, when the price of CRV plummeted following the hack of a small DeFi lender this month, the value of Egorov's collateral also fell, forcing his positions into liquidation. This forced selling resulted in millions of dollars in bad debt for Egorov and Curve, and triggered widespread market panic among CRV investors. The value of the coin briefly hit a record low following the liquidation. Egorov subsequently sold more CRV tokens in an over-the-counter deal to cover most of Curve's bad debt. In a statement, Egorov confirmed that he personally repaid most of the bad debt and was committed to ensuring that all users could withdraw their deposits without any issues. This incident highlights the challenges faced by crypto founders and early backers when they attempt to realize the value of their holdings. The market's volatility and immaturity often mean that holdings are too dense for buyers to handle when sold in large quantities. This experimental nature of crypto markets allows for such situations, giving buyers, sellers, and builders the freedom to test the boundaries of finance without traditional rules.
Jun 24, 2024 3:33 am

Frequently Asked Questions

  • What is the all-time high price of OxAI.com (OXAI)?

    The all-time high of OXAI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of OxAI.com (OXAI) is 0. The current price of OXAI is down 0% from its all-time high.

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  • How much OxAI.com (OXAI) is there in circulation?

    As of , there is currently 0 OXAI in circulation. OXAI has a maximum supply of 1,000.00Bn.

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  • What is the market cap of OxAI.com (OXAI)?

    The current market cap of OXAI is 0. It is calculated by multiplying the current supply of OXAI by its real-time market price of 0.

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  • What is the all-time low price of OxAI.com (OXAI)?

    The all-time low of OXAI was 0 , from which the coin is now up 0%. The all-time low price of OxAI.com (OXAI) is 0. The current price of OXAI is up 0% from its all-time low.

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  • Is OxAI.com (OXAI) a good investment?

    OxAI.com (OXAI) has a market capitalization of $0 and is ranked #4571 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze OxAI.com (OXAI) price trends and patterns to find the best time to purchase OXAI.

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