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    Openfabric AI price

    Openfabric AI priceOFN

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    OFN
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    1 OFN = 0.1143 USD
    Last updated 2024-11-18 17:36:29(UTC-0)
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    Openfabric AI price live data summary

    The live price of Openfabric AI is $0.1143 per (OFN / USD) today with a current market cap of $14.04M USD. The 24-hour trading volume is $621,956.06 USD. OFN to USD price is updated in real time. Openfabric AI is 2.27% in the last 24 hours. It has a circulating supply of 122,825,630 .

    What is the highest price of OFN?

    OFN has an all-time high (ATH) of $0.9083, recorded on 2024-03-14.

    What is the lowest price of OFN?

    OFN has an all-time low (ATL) of $0.08180, recorded on 2024-09-22.
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    Openfabric AI price prediction

    What will the price of OFN be in 2025?

    Based on OFN's historical price performance prediction model, the price of OFN is projected to reach $0.1817 in 2025.

    What will the price of OFN be in 2030?

    In 2030, the OFN price is expected to change by +7.00%. By the end of 2030, the OFN price is projected to reach $0.2994, with a cumulative ROI of +166.19%.

    Openfabric AI ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Openfabric AI (OFN)

    What Is Openfabric AI?

    Openfabric AI is a decentralized AI platform that operates on a planetary-scale network. Its primary objective is to construct and interconnect decentralized AI applications. By leveraging the capabilities of blockchain, advanced cryptography, and unique infrastructure, Openfabric AI lays the groundwork for AI-Apps. This facilitates collaboration among AI innovators, data providers, businesses, and infrastructure providers. The platform boasts a diverse suite of AI tools tailored to cater to the dynamic requirements of the contemporary world, ranging from trading bots to chatbots and even manga generators.

    Resources

    Whitepaper: https://openfabric.ai/resource/openfabric-whitepaper.pdf

    Official Website: https://openfabric.ai/

    How Does Openfabric AI Work?

    Openfabric AI's mission is to redefine the AI landscape by fostering an ecosystem where innovation is the primary currency. It envisions a realm where diverse participants, irrespective of their backgrounds, can contribute and harness the power of AI to solve intricate problems. The protocol's foundation is rooted in rigorous scientific research and validation, ensuring its robustness and reliability. By incorporating cutting-edge research and technologies, Openfabric AI remains at the forefront of the AI industry.

    A notable feature of Openfabric AI is its dynamic consensus, a superset of the traditional PoS (Proof of Stake) consensus architecture. This model allows multiple decisions to be made concurrently, resulting in a faster and more efficient system. The platform also emphasizes decentralization, usability, security, and interoperability. These core features ensure that AI is more accessible, secure, and beneficial for a wide range of users. Furthermore, Openfabric AI enables the development of intelligent AI-Apps using popular frameworks like TensorFlow and PyTorch, making it versatile and developer-friendly.

    What Is OFN Token?

    OFN is the native token of Openfabric AL. OFN has a total supply of 500,000,000 tokens. It serves multiple purposes, from staking to facilitating transactions. Users can stake OFN to join the network, and it's used as a reward mechanism for various tasks on the platform, such as developing AI solutions or providing relevant data for AI training. Additionally, OFN acts as a medium of exchange, allowing users to trade and purchase products or services on the platform.

    Beyond its utility, the OFN token plays a pivotal role in governance. Token holders can participate in on-chain voting through a decentralized autonomous organization (DAO), influencing the direction and decisions of the Openfabric AI project. Moreover, holding a certain balance of OFN tokens grants users exclusive privileges, such as early access to new products or entry to special events.

    What Determines Openfabric AI's Price?

    In the dynamic world of cryptocurrency, the price of Openfabric AI, like other tokens, is influenced by a myriad of factors rooted in the principles of supply and demand. As with traditional markets, when the demand for Openfabric AI surges, its price tends to rise, and when demand wanes, its price often decreases. However, in the realm of blockchain and Web3, there are additional intricacies to consider. Cryptocurrency analysis, derived from studying cryptocurrency charts, often reveals patterns and trends that can influence price movements. The latest news, especially those concerning cryptocurrency regulation, security concerns, and the latest developments in the Web3 space, can significantly sway investor sentiment, leading to market volatility.

    Cryptocurrency price predictions, while speculative, are often based on these analyses and can provide insights into potential future price trajectories. For instance, if Openfabric AI is touted as the best crypto investment for 2023 and beyond, it could see a surge in demand. However, cryptocurrency risks, such as regulatory clampdowns or security breaches, can dampen enthusiasm and impact prices negatively. As cryptocurrency adoption continues to grow, and with Openfabric AI's integration into the broader blockchain ecosystem, its price will undoubtedly be shaped by these multifaceted influences.

    In conclusion, while traditional market forces of supply and demand remain at the core of Openfabric AI's price determination, the unique landscape of blockchain and cryptocurrency introduces a range of additional determinants. Investors and enthusiasts alike should remain abreast of cryptocurrency trends, regulatory changes, and the latest news to navigate this exciting and ever-evolving space effectively.

    Openfabric AI price performance in USD

    24h7 days30 days90 days1 yearAll-time
    +2.27%-21.91%-7.49%+19.31%-22.26%-45.87%

    Openfabric AI price history in USD

    The price of Openfabric AI is -22.26% over the last year. The highest price of OFN in USD in the last year was $0.9083 and the lowest price of OFN in USD in the last year was $0.08180.
    TimeLowHigh
    24h$0.1106$0.1159
    7d$0.1047$0.1549
    30d$0.08212$0.1549
    90d$0.08180$0.1802
    1y$0.08180$0.9083
    All-time$0.08180(2024-09-22, 58 days ago )$0.9083(2024-03-14, 250 days ago )

    Openfabric AI market information

    Market cap
    $14,041,298.23
    +2.27%
    Fully diluted market cap
    $57,159,480.54
    +2.27%
    Volume (24h)
    $621,956.06
    -3.10%
    Market rankings
    Circulation rate
    +24.00%
    24h volume / market cap
    0.0442
    Circulating supply
    122,825,630 OFN
    Total supply / Max supply
    500,000,000 OFN
    500,000,000 OFN
    Buy Openfabric AI now

    How to buy Openfabric AI(OFN)

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    FAQ

    What is the current price of Openfabric AI?

    The live price of Openfabric AI is $0.11 per (OFN/USD) with a current market cap of $14,041,298.23 USD. Openfabric AI's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Openfabric AI's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Openfabric AI?

    Over the last 24 hours, the trading volume of Openfabric AI is $621,956.06.

    What is the all-time high of Openfabric AI?

    The all-time high of Openfabric AI is $0.9083. This all-time high is highest price for Openfabric AI since it was launched.

    Can I buy Openfabric AI on Bitget?

    Yes, Openfabric AI is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Openfabric AI guide.

    Can I get a steady income from investing in Openfabric AI?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Openfabric AI with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Openfabric AI (OFN)?

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    Cryptocurrency investments, including buying Openfabric AI online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Openfabric AI, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Openfabric AI purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    OFN/USDT

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    Total profit $3,711,419.93

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