Continuing our column dedicated to the crypto world, today we will focus on three very important assets for the community, but in general for the entire cryptocurrency ecosystem: Cardano (ADA), Dogecoin (DOGE) and Polkadot (DOT).
Prices and market statistics of Cardano (ADA), Dogecoin (DOGE) and Polkadot (DOT) crypto assets
Cardano (ADA) currently records a price of US$0.38 on the market, with a market capitalization of US$13.5 billion. The trading volume in the past 24 hours is US$287.4 million, while the circulating supply is 35.3 billion ADA. The average holding time for this cryptocurrency is 220 days.
Ranking as the eighth most popular currency, ADA has reached an all-time high of US$3.10. In the past hour, the price has seen a positive change of 0.37%, while over the past 24 hours and 7 days, the change was +2.95% and +2.87%, respectively.
Polkadot (DOT) currently marks a price of US$5.41 on the market, with a market capitalization of US$6.8 billion. Over the past 24 hours, trading volume has reached USD 192.4 million, while the circulating supply stands at 1.2 billion DOT.
The average holding period for this cryptocurrency is 111 days. Ranking as the 15th most popular currency, DOT has reached an all-time high of US$55.00.
In the past hour, the price has experienced a slight negative change of -0.4%, while over the past 24 hours and 7 days, the change was +2.59% and -2.56%, respectively.
Dogecoin (DOGE) currently has a market price of US$0.0802, with a market capitalization of US$11.4 billion. Trading volume in the past 24 hours has reached 529.8 million USD, while the circulating supply amounts to 141.9 billion DOGE. The average holding time for this cryptocurrency is 107 days.
Placing itself as the ninth most popular currency, DOGE has reached an all-time high of US$0.74.
Over the past hour, the price has seen a slight negative change of -0.15%, while over the past 24 hours and 7 days, the change has been +2.32% and +5.28%, respectively.
Sam Altman’s AI in collaboration with Cardano
Cardano founder Charles Hoskinson made an intriguing proposition to Sam Altman, the recently removed CEO of OpenAI, marking a pivotal moment in the tumultuous events surrounding Altman’s departure.
Hoskinson, using the X platform, proposed the development of a decentralized large language model (LLM) project, positioning it as a potential initiative under the Cardano Partnerchain umbrella.
Altman’s unexpected dismissal from OpenAI reverberated throughout the technology sector, creating a deep crisis within the renowned artificial intelligence research firm.
Reports indicate that in the midst of this upheaval, discussions are underway between Altman and the board of directors to consider his potential return as CEO.
This comes on the heels of several high-profile resignations, including that of OpenAI President Greg Brockman.
In the midst of this uncertainty, Altman and Brockman are exploring the possibility of embarking on a new venture, potentially reshaping the landscape of AI research and development. The importance of their discussions is underscored by the current state of OpenAI, struggling with internal challenges and the specter of further staff departures.
The situation has not escaped the attention of prominent figures in the crypto space, such as Brian Armstrong, CEO of Coinbase, who offered his perspective on Altman’s situation.
Armstrong, expressing concern about the potential ramifications of the board’s decision, emphasized the negative effects on OpenAI’s valuation and its role within the U.S. capitalist framework.
He criticized what he perceived as a security strike within OpenAI, warning of potential legal consequences and encouraging talented employees to consider alternative initiatives led by Altman and Brockman.
The intersection of leadership in AI, blockchain technology, and remodeling dynamics within OpenAI sets the stage for a potentially transformative collaboration between Altman and the visionary mind of Cardano.
Polkadot changes CEO: Fabian Gomps will lead Web3 Foundation
Polkadot, renowned for its innovative parachute system, is poised for a revolutionary transformation under the leadership of Fabian Gompf, the new CEO of the Web3 Foundation.
This change, heralded by the transition from the current parachain slot auction system to the Agile Coretime mechanism, represents a pivotal moment in the evolution of blockchain.
The Agile Coretime upgrade, scheduled to debut on the Rococo testnet by the end of the year and anticipated on the mainnet by the second quarter of the following year, aligns with the broader Polkadot 2.0 vision articulated by founder Gavin Wood.
This innovative mechanism revolutionizes the use of the block space for application developers.