AIOZ Network (AIOZ)

AIOZ Network (AIOZ)
AIOZ Network is a DePIN for Web3 AI, storage, and streaming, empowering a faster, secure, and decentralized future. By leveraging a global network of DePINs, AIOZ rewards users for sharing computational resources for storing, transcoding, and streaming digital media content, as well as powering decentralized AI computation.

The daily chart showcases the formation of a declining parallel channel pattern with the price currently hovering near the upper boundary. On the higher side, the $0.69 level has been acting as a major resistance zone.

Now, a sustained breakout above the $0.69 level may validate a bullish breakout and mark the end of a correction phase. The transaction volume has surged by nearly 6% highlighting an increased demand. It has a live market capitalization of $648.6 Million and ranks 95th in the crypto world.