ATH (Aethir) fell 19.32% in the last 24 hours.

Gate News Bot news, on October 11, according to CoinMarketCap, as of the time of writing, ATH (Aethir) is currently priced at $0.04, a fall of 19.32% within 24 hours, with a highest of $0.06 and a lowest of $0.03. The current market capitalization is approximately $527 million, a decrease of $126 million compared to yesterday.

Aethir is a distributed cloud computing infrastructure platform that provides on-demand GPU computing solutions for the artificial intelligence and gaming industries. The platform offers secure, high-performance GPU resources that support compute-intensive tasks such as AI model training, fine-tuning, and inference, as well as low-latency cloud gaming experiences. Aethir has also established a $100 million ecosystem fund to support innovators in the AI and gaming fields.

Important news about ATH recently:

1️⃣ Aethir launches RWA Capital financial product suite Aethir announced the launch of the Aethir RWA Capital financial product suite, aimed at promoting the integration of traditional credit infrastructure with decentralized collateral mechanisms. The suite includes two core products: RWA equity capital and RWA liquidity capital, which support collateral financing using ATH tokens and expected GPU cash flows, respectively.

2️⃣ Gain support from institutional and DeFi partners Aethir RWA Capital has received support from institutional and DeFi partners, including Tactical Compute, Credit Coop, and StoryHunt, indicating that the project has gained recognition and trust within the industry.

3️⃣ Expand financial services and optimize fund utilization Through the RWA Capital suite, Aethir will be able to provide more financial service options for ATH token holders and GPU miners, helping to optimize capital utilization efficiency, and potentially attracting more investors and users to participate in the Aethir ecosystem.

Despite Aethir's innovations in financial products, the ATH price has still seen a significant fall, which may reflect the market's uncertainty regarding the initial response to the new products. Investors may need more time to assess the actual effects and potential impacts of RWA Capital.

This message is not intended as investment advice; investors should be aware of market volatility risks.