SAPIEN (Sapien) up 5.64% in 24 hours

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, SAPIEN (Sapien) is trading at $0.18, up 5.64% in the past 24 hours, reaching a high of $0.20 and a low of $0.11. The current market capitalization is approximately $45.9 million, an increase of $2.45 million from yesterday.

Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 93,000 global contributors across more than 5 countries and has completed 475 tasks. Sapien focuses on providing solutions for professional AI, including 3D/4D data annotation and expert-driven data collection to meet the needs of cutting-edge AI systems. Its marketplace offers high-quality, domain-specific datasets that can be used directly for AI training.

Recent important news about SAPIEN:

1️⃣ Successful Token Generation Event on the Base Network Sapien recently completed its token generation event (TGE) on the Base network, marking a new stage in the project’s development. This move helps to expand Sapien’s ecosystem, providing stronger support for its decentralized data foundry and is likely one of the key factors driving SAPIEN’s price increase.

2️⃣ Rapid User Growth on the Base Network Sapien has successfully attracted 155,000 users on the Base network, demonstrating its appeal and potential in the decentralized AI space. The rapid growth of its user base not only reflects market recognition of the Sapien platform but also provides substantial support for the value of the SAPIEN token.

3️⃣ Investment from SEI Foundation’s DeSci Venture Fund The SEI Foundation has invested in Sapien through its DeSci (Decentralized Science) Venture Fund. This not only provides Sapien with financial support but also signifies recognition of its technology and potential in the decentralized AI data space, possibly boosting market confidence in SAPIEN and further driving up its price.

From a technical perspective, SAPIEN’s price has broken through previous highs, showing strong upward momentum. Fundamentally, Sapien’s continued development and expansion in the decentralized AI data market, along with new financing and user growth, provide support for its value. These factors together have contributed to SAPIEN’s 5.64% increase over the past 24 hours.

This message does not constitute investment advice. Please be aware of market volatility risks when investing.