The price of the coin doubled in 3 days!
What a suprise I do believe this because the project has the relation with AI the recent Hype and Listing on Centralized Exchange always a good news and usually make the price Up.
The connection between this project and AI is very conditional. They offer miners to rent out their mining farms, including for the calculations needed by AI projects. But so far such projects have no demand for such a service. Many coins have not yet been mined and the project has a chance to become popular.
There is demand for this kind of service because CLORE has an innovation called Proof of Holding (PoH).
PoH system automatically rewards rig owners with bonus CLORE when they are rented on the Marketplace, and thus allowing them to lower prices.
So, low rent prices = high demand.
Found the details here ---
https://clore.ai/proof-of-holdingThere are 3700 GPUs on the Marketplace right now, out of which 2200 are rented, check here ---
https://opendata.clore.ai/d/aKQRJmA4z/clore-ai?orgId=1&from=now-1y&to=nowThey are like a vast.ai platform on blockchain.
Also, mcap is under 10M, which makes it a gem.