Audius, the rising music streaming service native token, AUDIO, is currently in bullish mode, jumping by over 51% in the past 24-hour. As a result, the AUDIO token registered a new all-time high of around $3.69 on November 18. This demonstrates that many users are liking and are investing in the platform.
Today, Audius is showing the crypto world that it is its day as the token is trading at $3.15 with a 24 hours trading volume of $259,302,335, according to CoinMarketCap.
Consequently, Audius is up 49.87% in the last 24-hours. This surge propelled the crypto to rank #83 in terms of market cap on CoinMarketCap.
Note that Audius is a decentralized music-sharing and streaming protocol that lets artists distribute their music and allow fans to pay artists directly, giving everyone the freedom to monetize, share, and stream any audio content.
In fact, many users refer to it as “Spotify Rival” because several international artists are investing in the platform. However, the difference in Audius is that it runs on blockchain technology.