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AIOZ Network Price Prediction 2024: Bithumb Listing Sparks AIOZ Surge

Last Updated May 8, 2024 9:20 AM
Peter Henn
Last Updated May 8, 2024 9:20 AM

Key Takeaways

  • AIOZ Network’s native token shot up in late 2023.
  • The streaming platform announced it would upgrade in late November.
  • Can AIOZ maintain its momentum?
  • One AIOZ Network price prediction says the coin can reach $3.06 in 2025.

The AIOZ Network’s AIOZ coin was one of the cryptoverse’s best performers in late 2023. The coin shot up thanks, at least in part, to news that it was to launch an upgrade .

The AIOZ Network’s token has experienced a remarkable surge in market value, marking a substantial climb in the past 24 hours.

This surge in AIOZ’s market activity can be attributed to a recent announcement  from Bithumb, South Korea’s premier exchange, where AIOZ has been included in its list of tradable assets. Effective immediately, users can begin depositing AIOZ on Bithumb.

AIOZ Network did not respond to a request for comment.

On May 8, 2024, AIOZ was worth about $0.8055. 

But what is AIOZ Network (AIOZ)? How does AIOZ Network work? Let’s see what we can find out, and also take a look at some of the AIOZ Network Price Predictions that were being made as of May 8, 2024.

AIOZ Network Coin Price Prediction

Let’s examine some of the AIOZ Network price predictions being made on May 8, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2030
Prediction #1 $1.79 $2.09 $6.09
Prediction #2 $2.25 $3.06 $7.09
Prediction #3 $1.05 $1.64 $11.20

First, CoinCodex  had a short-term AIOZ Network price prediction that suggested the coin would go to $1.05 by May 13 before climbing to $2.64 by June 7. The site’s technical analysis was highly bullish, with 26 indicators sending upbeat signals and none making a bearish one. 

AIOZ Network Price Prediction for 2024

DigitalCoinPrice  said that AIOZ would reach $1.79 this year, while Bitnation  said it would get to $2.25. PricePrediction.net  thought it would trade at $1.05 in 2023. 

AIOZ Network Price Prediction for 2025

Moving on, DigitalCoinPrice’s AIOZ price forecast had it at $2.09 in 2025. Bitnation claimed it would be worth $3.06. PricePrediction.net said AIOZ Network would trade at $1.64 next year. 

AIOZ Network Price Prediction for 2030

Looking at a more long-term AIOZ Network price prediction, DigitalCoinPrice said that it would reach $6.09 in 2030. Bitnation thought it would stand at $7.09. PricePrediction.net’s AIOZ price prediction said it would be worth $11.20 at the start of the next decade. 

Google BardAI Price Prediction for AIOZ Network (as of May 8)

Google’s BardAI platform gave the following price prediction for AIOZ Network on May 8. Please remember that price predictions are very often wrong and that artificial intelligence should not be trusted. 

Short-term price prediction (Next three months):

  • Expected Price: $2.97

Factors to consider:

  • The AIOZ Network is currently in the early stages of development, and its token price is likely to be more volatile than that of more established cryptocurrencies.
  • The overall cryptocurrency market is currently in a bearish trend, which could put downward pressure on the price of AIOZ.

Medium-term price prediction (Next six months):

  • Expected Price: $4.30

Factors to consider:

  • The AIOZ Network has a strong team and a promising roadmap, which could attract new users and investors to the project.
  • The cryptocurrency market is cyclical, and it is possible that the market will enter a bullish phase in the medium term.

Long-term price prediction (Next five years):

  • Expected Price: $29.52

Factors to consider:

  • The AIOZ Network has the potential to revolutionize the way that video content is streamed online.
  • If the AIOZ Network is successful, its token price could reach $1.00 or more in the long term.

It added: “Please note that these are just predictions, and the actual price of AIOZ could be higher or lower. It is important to do your own research before investing in any cryptocurrency.”

AIOZ Price History

Now, let’s examine some of the highlights and lowlights of the AIOZ Network price history . While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret an AIOZ Network price prediction.

AIOZ first came onto the market during the crypto boom of early 2021. The coin reached an all-time high of $2.67 on April 3 that year. After that, though, it dropped, falling below $0.20 in July and recovering to over $0.90 in November. AIOZ closed the year at $0.4661. 

2022 was a bad year for crypto and AIOZ was one of many coins to suffer throughout the year. Both the collapse of the Terra (LUNA) blockchain in May and the bankruptcy of the FTX (FTT) exchange damaged the coin’s price. It closed the year at $0.03175, down nearly 95% over the course of 12 months. 

AIOZ Network in 2023 and 2024

AIOZ Network price history
AIOZ Network price 2023 and 2024. | Credit: CoinMarketCap

2023 was a poor year for AIOZ until later on. While the coin benefitted from a buoyant market early in the year, reaching a high of $0.05243 on February 9, things fell down. In the summer, the crypto market was shocked by the news that the United States Securities and Exchange Commission (SEC) was suing the Binance and Coinbase exchanges. On September 11, AIOZ sank to an all-time low of $0.01105. It made something of a recovery 0.09565 over the next few months or so, reaching a high of $0.1979 on November 29. It closed the year at $0.1417, an annual rise of nearly 350%.

On May 8, 2024, AIOZ Network was worth about $0.8055.

At that time, there were 1.09 billion AIOZ in circulation, representing the total supply. This gave the coin a market cap of around $879.1 million, making it the 91st largest crypto by that metric. 

AIOZ Network Price Analysis

AIOZ Price Analysis
AIOZ could reach a new all-time high | Credit: Nikola Lazic/TradingView

The AIOZ token reached an all-time high of $1 on March 24, climbing from a low of $0.10 in February. As it ended a five-wave pattern, it dropped, with the price making a 51% retracement to a low of $0.50 on April 13. 

From there, a recovery began. AIOZ reached $0.88 on May 6, but this might not be so positive. Considering the previous decrease, AIOZ could have finished its corrective stage, especially as it rose 70% since its April low.

However, this may be a reaction to the oversold conditions. There is an equal chance the rise from April 13 is the second sub-wave of a larger correction. In that case, after finishing its increase on May 6, we will see the downtrend from its all-time high continue to a lower low of $0.35.

But if AIOZ continues increasing from its current level it could exceed the $1 and be headed to a new all-time high.

Is AIOZ Network a Good Investment?

It is hard to say. While it has performed well recently, we don’t know if its recent good fortune can continue or whether it is just a spike. The coin appears to have its uses but, more than two years after its launch, it is a long way from being one of the major cryptos. 

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in AIOZ.

Will AIOZ Network go up or down?

No one can really tell right now. While the AIOZ Network crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in AIOZ Network?

Before you decide whether or not to invest in AIOZ Network, you will have to do your own research, not only on AIOZ, but on other, related, coins and tokens such as Theta Network (THETA). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Who is the Founder of AIOZ Network?

Erman Tjiputra is the founder and Chief Executive Officer of AIOZ Pte. Ltd. since 2013, where he currently leads a team of over 30 developers in the development of AIOZ Network.

Who Owns the Most AIOZ Network (AIOZ) Coins?

On May 8, 2024, one wallet held 7.69% of the supply of Ethena.

Richest AIOZ Wallet Addresses

As of May 8, 2024, the five wallets with the most Ethena were

  • 0x83c03123339025238c90ccac948141394875878b. This wallet held 32,506,693 AIOZ, or 7.69% of the supply.
  • 0x81b7d8f794ebd2258d18c7c9e610acaa1a198378. This wallet held 31,017,976 AIOZ, or 7.34% of the supply.
  • 0x68885d4847496d20e051ff239f7395ccd556e9f9. This wallet held 24,760,730 AIOZ, or 5.86% of the supply.
  • 0xcffad3200574698b78f32232aa9d63eabd290703. This wallet held 21,070,108 AIOZ, or 4.99% of the supply.
  • 0xf6978ab15b12e698648f765037e6726f946696e6. This wallet also held 17,984,929 AIOZ, or 4.26% of the supply.

Fact Box

Supply and Distribution Figures
Total supply 1,091,918,002
Circulating supply (as of May 8, 2024) 1,091,918,002 (100% of total supply)
Holder distribution Top 10 holders owned 60% of total supply, as of May 8, 2024.

From the Whitepaper

In its technical documentation, or whitepaper , AIOZ Network says AIOZ Network CDN is a decentralized peer-to-peer CDN built through the connection of different nodes by a pre-designed protocol of the AIOZ Network team. Nodes in the AIOZ Network dCDN are categorized as HUB Nodes (a.k.a Satellite Nodes) and Edge Nodes.

AIOZ Network (AIOZ) Explained

The AIOZ Network is a blockchain designed to change the way people stream content online. The platform, known as a decentralized content delivery network (dCDN), was founded by Singapore-based crypto entrepreneur Erman Tjiputra in 2021. 

The network is supported by the AIOZ coin.

How AIOZ Network Works

AIOZ uses three different kinds of computer, or node, on its network. Content Providers are the creators and publishers of content, while Delivery Nodes store and distribute content. Edge Nodes, on the other hand, are the end users which stream and view the content. 

People are rewarded for their activity on the AIOZ Network with the AIOZ coin, which can also be bought, sold, and traded on exchanges.  

AIOZ Network Attention Tracker

AIOZ Network Google search volume
AIOZ Network Google search volume. | Credit: Google

Here is a chart for the AIOZ Network Google search volume for the past 90 days. This represents how many times the term “AIOZ Network” has been Googled over the previous 90 days.

FAQs 

How many AIOZ are there?

As of May 8, 2024, there were 1.09 billion AIOZ in circulation, representing the total supply.

Will AIOZ reach $1?

It might do, as all main price predictions expect it to reach that level this year.

What is AIOZ used for?

AIOZ rewards users on the AIOZ Network. It can also be bought, sold, and traded on exchanges.

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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