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Audius, a new music streaming service, is gaining popularity. Indeed, its native token, AUDIO, is currently bullish.
The AUDIO token has increased by more than 51% in the previous 24 hours. As a result, on November 18, the AUDIO token reached a new all-time high of about $3.69.
This demonstrates that many users are investing in and enjoying the platform. According to CoinMarketCap satista, Audius is currently trading at $3.15 with a 24-hour trading volume of $259,302,335. As a result, Audius has increased by 49.87 percent in the last 24 hours.
This positive momentum propelled the cryptocurrency to #83 on CoinMarketCap. Audius is a decentralised music-sharing and streaming network that facilitates interactions between creators and auditors.
As a result, it allows anyone to monetize, distribute, and stream any audio content. It should be noted that Audius is a new music streaming platform designed specifically for musicians.
Many people describe to it as a “Spotify (NYSE: SPOT) competitor” because many worldwide musicians invest in it.
The difference with Audius is that it is driven by blockchain technology. Audius, a decentralised music streaming system with built-in blockchain infrastructure, allows musicians to distribute their music and allows fans to directly pay artists.
Story by : Norvisi Mawunyegah