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Openfabric AI

Openfabric AI priceOFN

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Openfabric AI price calculator

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OFN
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1 OFN = 0.4091 USD
Last updated 2024-05-20 15:49:21(UTC-0)

Openfabric AI price live data summary

The live price of Openfabric AI is $0.4091 per (OFN / USD) today with a current market cap of $25.09M USD. The 24-hour trading volume is $672,958.53 USD. OFN to USD price is updated in real time. Openfabric AI is -4.16% in the last 24 hours. It has a circulating supply of 61,336,460 .

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 $0.09954, recorded on 2023-11-07.

Openfabric AI price prediction

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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 $0.5880 in 2025.

What will the price of OFN be in 2030?

In 2030, the OFN price is expected to rise by +3.00%. By the end of 2030, the OFN price is projected to reach $1.08, with a cumulative ROI of +162.96%.
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Openfabric AI price performance in USD

24h7d30d90d1yAll-time
-4.16%-7.51%-31.79%+0.65%----

Openfabric AI price history in USD

TimeLowHigh
24h$0.4082$0.4211
7d$0.3860$0.4662
30d$0.3860$0.6743
90d$0.3378$0.9083
1y$0.09954$0.9083
All-time$0.09954(2023-11-07, 195 days ago )$0.9083(2024-03-14, 67 days ago )

Openfabric AI market information

Market cap
$25,093,300.22
-4.16%
Fully diluted market cap
$204,554,522.97
-4.16%
Volume (24h)
$672,958.53
-3.35%
Market rankings
Circulation rate
+12.00%
24h volume / market cap
0.0268
Circulating supply
61,336,460 OFN
Total supply / Max supply
500,000,000 OFN
500,000,000 OFN

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.

How to buy Openfabric AI (OFN)

Buying Openfabric AI on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Openfabric AI (OFN) .

Trade OFN perpetual futures

After having successfully signed up on Bitget and purchased USDT or OFN tokens, you can start trading derivatives, including OFN futures and margin trading to increase your income.

The current price of OFN is $0.4091, with a 24h price change of -4.16%. Traders can profit by either going long or short onOFN futures.

Join OFN copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or OFN tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of Openfabric AI.

What is the current price of Openfabric AI?

We update our Openfabric AI to USD price in real time. Get the live Price of Openfabric AI on Bitget.

What is the 24 hour trading volume of Openfabric AI?

Over the last 24 hours, the trading volume of Openfabric AI is $672,958.53.

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.
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.

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OFN is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support OFN trades.
You can trade OFN on Bitget.

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OFN resources

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