Why is Infinity Ground (AIN) Surging Over 72%?
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Infinity Ground, a project building at the intersection of artificial intelligence (AI), blockchain technology, and computer programming, has emerged as one of the top gainers over the past 24 hours. This price gain, seen in the project’s native token, AIN, comes after various prominent crypto exchanges disclosed plans to list the token on their futures market.
What is Infinity Ground?
Infinity Ground describes itself as the “world’s first decentralized agentic IDE.” For context, an IDE (Integrated Development Environment) is a software application that enables programmers to develop and deploy computer programs.
The AI-powered project allows users to create decentralized applications (dApps) using natural language, like English or other human-spoken languages. Imagine being able to launch a dApp by casually chatting with an AI agent, telling the system what you want the application to possess. Then, the system crafts the requested interface.
This process works with the creation of mini-games, web apps, or any smart contract-enabled platform. Users can also create decentralized platforms from ready-made templates. The project’s team envisions “a future where anyone can effortlessly create, express, and own their vision with AI.”
Industry leaders, such as Goldman Sachs, Disney, Google, and TikTok, currently back Infinity Ground. The AI protocol has also partnered with other projects building at the intersection of AI and Web3, such as MyShell.
Infinity Ground’s native token, AIN, serves as the lifeblood of the project. Users pay for services within the protocol using the AIN token. The token is natively launched on July 5th on the layer-1 BNB Chain. It has a total supply of one billion tokens, where 185,300,000 units are currently in circulation. Most price-tracking websites like CoinGecko have been tracking the token’s price movement since its inception.
Major Crypto Exchanges to List AIN
On July 10th, leading crypto exchange Binance revealed plans to list AIN for futures trading with up to 50x leverage. Notably, Binance Alpha listed Infinity Ground as one of the platforms in its ecosystem on July 5th, the day of its launch. This put Infinity Ground among a slew of projects featured on Binance Alpha, Binance’s dedicated interface for new and promising projects. The announcement stated that users with a minimum of 140 Binance Alpha points can claim 600 AIN tokens.
Later that day, Bitget and Bybit also revealed plans to list the cryptocurrency on their futures market. At the time of writing, the token has been listed on the futures trading platforms of these crypto exchanges.
Infinity Ground also recently launched new features and forged new partnerships. For instance, it was recently revealed that the AIN token is usable for Energy Packs and the unlocking of the project’s decentralized agentic IDE at a 30% discount.
A few hours ago, Infinity Ground announced a partnership with Zypher Network, a platform combining a zero-knowledge computing layer with AI. The collaboration is aimed at facilitating cross-chain AI agent interoperability and other utilities.
These listing announcements and new features have propelled AIN to its current all-time high (ATH) of $0.2035. This was recorded a few hours before press time. At the time of writing, the AI-powered cryptocurrency sold for $0.1649, representing an 81% surge in the past 24 hours.
The post Why is Infinity Ground (AIN) Surging Over 72%? appeared first on Cointab.
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