FLOCK (FLock.io) rose 19.89% in the last 24 hours

Gate News Bot message, August 22, according to CoinMarketCap data, as of the time of writing, FLOCK (FLock.io) is currently priced at $0.25, having risen 19.89% within 24 hours, with a peak of $0.26 and a low of $0.18. The current market capitalization is approximately $53.34 million, an increase of $8.84 million compared to yesterday.

FLock.io is a blockchain-based federated machine learning platform focused on providing private AI training infrastructure. The platform allows local data training and hosting while ensuring data remains local. For crowdsourced data, contributors receive fair rewards. FLock.io supports fine-tuning of large language models, Stable Diffusion, etc., and can work independently or in collaboration with other FLock nodes to reduce data requirements. The platform employs LoRA technology to achieve fast and resource-efficient fine-tuning and shares rewards among data, feedback, and computation contributors through on-chain coordinated fine-tuning and RAG.

Important news about FLOCK recently:

1️⃣ Mainstream trading platforms included in the listing roadmap Several major cryptocurrency exchanges have announced the addition of FLOCK to their asset listing roadmap. This move is expected to significantly enhance FLOCK's market exposure and liquidity, bringing more trading opportunities and investor attention. As globally recognized cryptocurrency exchanges, the coin listing roadmaps of these platforms are often seen as important market signals that may trigger a rise in the prices of related tokens.

2️⃣ Potential Liquidity Enhancement With the release of the coin roadmap on mainstream trading platforms, FLOCK may usher in a new round of trading volume rise. This could not only drive a short-term price pump but also improve FLOCK's overall market depth and liquidity, benefiting its long-term value stability.

3️⃣ AI and blockchain integration projects attract attention As a project that combines AI and blockchain technology, FLOCK may attract more investors in the current market environment. Its positioning of providing private AI training solutions perfectly aligns with the market's dual demand for AI technology and data privacy protection, which could be another important factor driving its price rise.

From a technical perspective, FLOCK's 24-hour rise has maintained above 20% for two consecutive days, indicating strong upward momentum. However, investors still need to closely monitor its subsequent movements to assess whether there is a risk of a pullback.

This message does not constitute investment advice; investors should be aware of market volatility risks.