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      The Streaming Service – Audius (AUDIO) - Stocks Telegraph

      By Ammar Mukhtar

      Published on

      December 11, 2021

      7:06 PM UTC

      The Streaming Service – Audius (AUDIO) - Stocks Telegraph

      There are numerous streaming services for videos, gaming, and other forms of entertainment. Slowly but steadily, these industries began to embrace Blockchain, and they have now become a vital part of the crypto community. Audius is an example of a project that is tackling the music streaming industry. It puts the flavor of blockchain throughout the entire system where Spotify and other streaming services reside. This is where AUDIO comes in.

      Audius is a project that allows users to distribute, monetize their content to everyone else. Since its inception, the project has evolved significantly and now has a large user base.

      According to the whitepaper of the project, Audius offers the following features:

      • Stablecoins, Audio tokens, and artist tokens power the entire AUDIUS ecosystem.
      • It has a decentralized storage mechanism for audio that can be shared and stored.
      • A voting system that allows users, admirers, and artists to participate in the governance system.

      People can also use the Audius API to build apps on top of it.


      Hedgehog is an Eth-based wallet that was designed to be utilized in regions where there are few or no financial assets. It is not suggested for use in situations involving large sums of money. Gaming and streaming services are examples of this.

      Price Movement – Audius (AUDIO)

      At the time of writing AUDIO is being traded at the price of $1.63 with a decrease of almost 7.30% in the last 24 hours. AUDIO is a really strong token fundamentally. The maximum and minimum today are $1.79 and $1.57 respectively. The daily trading volume has decreased by almost 46.57%. AUDIO had created its ATH in March 2021 and reached a price of almost $4.990. Even after the reversal, AUDIO still hasn’t been able to recover from the damage and is trading at the price it had around August.

      AUDIO has a circulating supply of almost 411M coins and a maximum supply of almost 1.05B. It is listed on coinmarketcap at rank 100. It can be exchanged on Binance, FTX,

      Price Prediction – Audius (AUDIO)

      According to wallet investor thinks that AUDIO is a good investment. According to them, in one year, AUDIO would be worth around $3.717. In a five-year time span, the price is expected to reach a value of $12.033.

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