CARV Token Sees Significant Surge Post-Launch

CARV, a modular data layer for gaming and artificial intelligence, has experienced a sharp increase in the price of its native token within the past 24 hours. The CARV platform launched its token on October 10, with eight top-tier crypto exchanges listing the token. Notable exchanges such as Bybit, Bitget, KuCoin, HTX, and MEXC are among those offering trading support.

CARV Token Price Performance

Following the token’s launch, CARV’s price skyrocketed, increasing from post-launch lows of $0.26 to highs above $0.61. These gains were notable, especially as major cryptocurrencies like Bitcoin and Ethereum faced downward trends. On the other hand, Uniswap saw a surge following news from the Uniswap Labs team.

Despite some retracement, CARV’s current price stands at $0.49, reflecting intraday gains of more than 79%. The daily trading volume has surpassed $22.2 million, with the market cap reaching $62 million.

About CARV

CARV is a decentralized physical infrastructure network platform focusing on data privacy and modular identity within the gaming, AI, and data monetization sectors. The project has gained significant traction, integrating with numerous games and AI startups and attracting investment from prominent venture capital firms such as Animoca Brands, OKX Ventures, Tribe Capital, and Vertex Ventures.

Investment and Funding

CARV successfully raised $10 million in a Series A funding round, co-led by IOSG Ventures and Tribe Capital, with participation from ConsenSys, HashKey Capital, and Fenbushi Capital.

Gaming Ecosystem and Partnerships

CARV’s gaming ecosystem includes the tap-to-earn mini-game Banana, the first CARV-powered TON ecosystem game. The platform has partnered with various gaming entities such as SHRAPNEL, Off The Grid, Pixelmon, Illuvium, and The Sandbox. In the crypto ecosystem, partners include BNB Chain, ZKsync, Ronin Network, Solana, and Polygon.

Stay updated on the latest in the crypto world and explore more news on Global Crypto News.

#CryptoBulls #Startups #Token