Recently, a remarkable new project COAI has emerged in the Crypto Assets market, achieving an astonishing rise in price in a short period. Starting from a price of $0.2, it surged to a peak of $3.43 within a single day, with a rise of over 15 times. This explosive growth momentum even surpassed the previously highly followed MYX project.

However, behind this rapid rise, we need to calmly analyze its essence. The core positioning of the COAI project is 'AI Agent full-stack platform + protocol', aiming to integrate user super AI applications, no-code Agent development platforms, and decentralized model/GPU resource layers into a blockchain protocol. Its long-term goal is to become an AI-native Layer1 blockchain and has introduced an innovative consensus mechanism called 'Proof-of-Intelligence'.

From a capital perspective, COAI has completed a $17 million seed round financing, attracting participation from well-known institutions such as Finality Capital and IDG. In the token distribution plan, 58.5% is allocated to the community, while the tokens for the team and investors are locked for a certain period, which alleviates short-term selling pressure to some extent.

But we cannot ignore the potential risks. Currently, the circulating market value of COAI is already quite considerable, and further rise requires more capital support. At the same time, the AI+encryption sector has become quite crowded, with established projects like Fetch.ai and Autonolas already occupying a certain market share. COAI needs to demonstrate real technological innovation and strong execution capabilities to stand out in the competition.

Another key issue is the rhythm of token releases. If COAI's AI Terminal and Agent platform cannot attract and retain real users, or fail to achieve high-frequency usage, then the long-term development of the project will face severe challenges.

In summary, the COAI project has shown great potential, but it also faces considerable challenges. While investors follow its rapid rise, they should also prudently assess potential risks and make rational investment decisions.