SAPIEN (Sapien) up 65.77% in 24 hours

According to Gate News Bot on December 4, citing CoinMarketCap data, as of press time, SAPIEN (Sapien) is trading at $0.19, up 65.77% in the past 24 hours, with a high of $0.20 and a low of $0.11. The current market cap is approximately $47.5 million, an increase of $18.8 million from yesterday.

Sapien is a decentralized data foundry that transforms collective human knowledge into enterprise-grade AI training data. The platform has 1.8 million global contributors from over 110 countries and has completed 187 million tasks. Sapien focuses on providing high-quality, vertically specialized training data for professional AI, including 3D/4D data annotation, data collection, and other services. Its marketplace also offers curated datasets in areas such as expert reasoning, images and video, audio, 3D/4D, and text.

Recent key updates on SAPIEN:

1️⃣ Successful Token Generation Event on Base Network Sapien recently announced its token generation event (TGE) on the Base network, marking a new stage of development for the project. This move helps expand Sapien’s ecosystem and provides stronger support for its decentralized data foundry.

2️⃣ Rapid User Growth on Base Network Sapien has successfully attracted 155,000 users on the Base network, demonstrating its appeal and potential in the decentralized AI field. This rapid growth in user base may be one of the key drivers behind SAPIEN token’s price increase.

3️⃣ Investment from SEI Foundation’s DeSci Venture Fund SEI Foundation recently invested in Sapien through its DeSci (Decentralized Science) venture fund. This not only provides financial support to Sapien, but also recognizes its technology and potential in the decentralized AI data sector, which may boost market confidence in SAPIEN.

From a technical perspective, SAPIEN’s price has broken through previous highs, showing strong upward momentum. On the fundamentals side, Sapien’s continued development and expansion in the decentralized AI data market, combined with new funding and user growth, provide support for its value.

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