USD.AI jumps 29% as ‘commit-and-compound’ model draws attention – Can CHIP keep climbing?
Photo: AMBCrypto
USD.AI [CHIP] token prices are up by 29.1% in the past 24 hours, bringing the token's market cap to $135.6 million. This is the highest level achieved since May, and social sentiment suggested it could be just the start of a bullish run. Why is CHIP up today? In recent weeks, capital rotation into altcoins has seen the altcoins grow at a comparable pace to Bitcoin [BTC]. Individual altcoins have made double- and even triple-digit percentage gains since mid-August. The "value accrual ontology" was also helping boost social sentiment around USD.AI, the permissionless lending protocol designed to finance AI infrastructure.
Source: AMBCrypto
