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Audius' Market Value Exceeded $1 Billion For The First Time After It Announced The TikTok Partnership

Mary Liu

Summary: According to the data from Bitpush terminal, the price of AUDIO, decentralized music streaming protocol Audius' governance token, has almost doubled in the past 24 hours, making its market cap more than $1 billion for the first time and ranking 83rd in market value.  As of press time, AUDIO is trading at $3, up 82.45% ...

According to the data from Bitpush terminal, the price of AUDIO, decentralized music streaming protocol Audius' governance token, has almost doubled in the past 24 hours, making its market cap more than $1 billion for the first time and ranking 83rd in market value. 

As of press time, AUDIO is trading at $3, up 82.45% in the past 24 hours, and its current market value is $1.202 billion.

On Monday, Audius announced a partnership with the popular video-sharing app TikTok. Founded in 2018, Audius is known as the "decentralized Spotify" and is one of the largest decentralized consumer blockchain applications for monthly users.

By Mary Liu

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