ParallelAI (PAI) is an emerging cryptocurrency token built on the Ethereum blockchain, designed to support advancements in decentralized artificial intelligence (AI) infrastructure. As of the latest update, PAI is trading at $0.09155**, reflecting a notable **17.88% increase** over the past 24 hours. With a current market capitalization of **$9,155,779 (ranked #1917), and a 24-hour trading volume of $187,810 (ranked #1406), PAI is gaining traction among investors interested in AI-driven blockchain projects.
This article provides a comprehensive overview of the ParallelAI token, including real-time price data, technical specifications, market performance, and future potential—all optimized for readers seeking accurate and actionable insights.
Understanding ParallelAI (PAI) Token Basics
ParallelAI aims to bridge the gap between artificial intelligence and decentralized networks by leveraging blockchain technology to create scalable, secure, and transparent AI ecosystems. The PAI token serves as the native utility token within this ecosystem, enabling governance, staking, and access to AI-powered services.
Key Metrics at a Glance
- Current Price: $0.09155
- 24-Hour Change: +17.88%
- Market Cap: $9,155,779
- 24-Hour Volume: $187,810
- Circulating Supply: Not available
- Total Supply: 100,000,000 PAI
- Maximum Supply: Unlimited (∞)
- Blockchain Platform: Ethereum (ERC-20)
- Smart Contract Address:
0x13e4b8cffe704d3de6f19e52b201d92c21ec18bd - Decimal Precision: 18
- Launch Date: September 26, 2024
The fact that PAI operates as an ERC-20 token on Ethereum ensures compatibility with major wallets, exchanges, and DeFi platforms. This enhances liquidity and accessibility for both retail and institutional investors.
Market Performance & Price Trends
While still in its early stages post-launch in late 2024, ParallelAI has shown promising momentum. The 17.88% surge in value over 24 hours suggests growing interest, possibly driven by broader market sentiment around AI-integrated blockchain solutions.
Although historical price charts for 1H, 24H, 7D, 1M, and 1Y periods are currently limited due to the project’s recent debut, the upward trajectory indicates strong initial support. As more platforms begin listing PAI and community engagement grows, increased trading volume and price stability are expected.
Given its unlimited maximum supply model, long-term investors should monitor inflationary pressures and token distribution strategies closely. Projects with uncapped supplies often rely on deflationary mechanisms—such as buybacks or burning—to maintain value accrual.
Technical Specifications and Blockchain Integration
Being built on Ethereum using the ERC-20 standard ensures that PAI benefits from one of the most secure and widely adopted smart contract platforms in the world. This allows seamless integration with:
- Web3 wallets (e.g., MetaMask, Trust Wallet)
- Decentralized exchanges (DEXs) like Uniswap and SushiSwap
- Centralized exchanges (CEXs) supporting ERC-20 tokens
The smart contract has been verified on Etherscan, providing transparency and trust for users who want to audit code or track transactions independently.
With 18 decimal places, PAI supports micro-transactions and precise token allocations—ideal for AI computation micropayments or staking rewards within the ParallelAI network.
Use Cases and Ecosystem Vision
ParallelAI envisions a decentralized AI marketplace where developers, data scientists, and organizations can collaborate without relying on centralized tech giants. Key applications include:
- Decentralized AI Training: Securely train models using distributed computing power.
- Data Monetization: Users can contribute anonymized data in exchange for PAI tokens.
- Model Governance: Token holders may vote on protocol upgrades or ethical guidelines.
- Compute Resource Sharing: Idle GPU/TPU resources can be rented out via smart contracts.
By aligning economic incentives through the PAI token, the platform fosters a community-owned AI economy resistant to monopolistic control.
Where to Buy and Store PAI Tokens
As of now, official listings are limited, but given its ERC-20 status, PAI is likely available or即将可交易 on decentralized exchanges. To purchase PAI:
- Use an Ethereum-compatible wallet (e.g., MetaMask).
- Connect to a DEX like Uniswap.
- Input the verified contract address:
0x13e4b8cffe704d3de6f19e52b201d92c21ec18bd. - Swap ETH or another ERC-20 token for PAI.
For security, always verify the contract address through official channels before transacting.
Storing PAI safely involves using non-custodial wallets. Avoid sharing private keys and enable two-factor authentication where possible.
Frequently Asked Questions (FAQ)
What is ParallelAI (PAI)?
ParallelAI (PAI) is a cryptocurrency token built on Ethereum that powers a decentralized artificial intelligence ecosystem. It enables secure data sharing, distributed AI model training, and community governance through blockchain technology.
Is PAI an ERC-20 token?
Yes, PAI is an ERC-20 compliant token running on the Ethereum network. This ensures high interoperability with wallets, exchanges, and DeFi protocols.
How many PAI tokens are in circulation?
The total supply is capped at 100 million PAI tokens; however, the maximum supply is listed as unlimited (∞). The exact circulating supply is not yet publicly disclosed.
Can I stake PAI tokens?
While staking details have not been officially released, utility tokens like PAI often support staking for network security or governance participation. Stay tuned to official announcements for updates.
Where can I check the live PAI price?
You can view real-time price data on major crypto tracking platforms such as CoinGecko, CoinMarketCap, or directly through decentralized exchange interfaces.
Is ParallelAI a good investment?
As with any early-stage crypto project, investing in PAI carries risks. While the fusion of AI and blockchain presents significant potential, thorough research and risk assessment are essential before committing funds.
Final Thoughts on ParallelAI (PAI)
ParallelAI represents a forward-thinking convergence of two transformative technologies: artificial intelligence and decentralized systems. Though still in its infancy, the project shows promise through its solid technical foundation, clear use case alignment with market trends, and growing community interest.
Investors should remain cautious but open-minded. Monitoring developments such as exchange listings, staking rollout, and ecosystem partnerships will be key to assessing PAI’s long-term viability.
Whether you're exploring emerging AI crypto projects or diversifying your portfolio with innovative blockchain tokens, PAI offers a compelling entry point into the future of decentralized intelligence.
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