KARRAT experiences a remarkable 40% surge following alliances with Palantir and Nvidia.
KARRAT, the governance token of the KARRAT protocol, has experienced a remarkable surge of over 40%, reaching its highest value to date since its launch.
As of now, the token is being traded at $1.10, indicating a 41% increase within the past 24 hours. The trading volume of crypto assets has also witnessed a substantial rise, soaring by 600% to $32 million.
The KARRAT Protocol, which was launched on April 22 by the KARRAT Foundation in Camana Bay, Cayman Islands, relies on KARRAT tokens for funding and is primarily focused on the gaming and AI sectors.
AMGI Studios, an independent animation and gaming company at the forefront of AI and gaming, is a key supporter of KARRAT and collaborates with major entities such as Polygon and Delphi Digital.
The recent surge in KARRAT’s value can be attributed to the partnership announced on June 4 between AMGI Studios and the AI & Big Data powerhouse, Palantir. This partnership will enable AMGI Studios to utilize Palantir’s foundry architecture in its products and applications, signifying a significant advancement for the KARRAT ecosystem.
Additionally, AMGI Studios unveiled a collaboration with AI leader Nvidia on May 23, which is expected to further enhance the integration of advanced AI technologies within the KARRAT ecosystem.
In a noteworthy prediction made on May 3 by a user named @CryptoGodJohn on X, it was suggested that KARRAT has the potential to become as influential as SAND and MANA in the gaming coin market, with a projected fully diluted valuation of over $10 billion.
KARRAT has already secured listings on major crypto exchanges, including Coinbase, Gate, and KuCoin, which enhances its accessibility and trading potential.
Earlier in February, the KARRAT Protocol introduced its first web3 game, ‘My Pet Hooligan,’ a social-action game that is currently available in early access on the EPIC Games platform. This AAA game, developed by AMGI Studios, incorporates advanced motion capture technology, AI-driven characters, and real-time face-driven animation. It allows players to utilize NFTs in-game through the KARRAT protocol.
This web3 game has already gained recognition, as it was awarded the Best Action Game at the GAM3S.GG Awards in December 2023.
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