Users can now transfer tracks from a music streaming platform to a social network to use tracks in video creation.
The price of the Audius token (AUDIO) has grown by 90% over the past 24 hours. The value of the digital coin reached $ 3.9.
On August 17, the token is trading at $ 3.2 billion, and its capitalization is $ 1.2 billion, according to CoinGecko.
The meteoric rise of Audius, released by the music streaming platform of the same name, came after the platform partnered with social networking site TikTok. Audius users were able to integrate their music tracks into TikTok for later use in creating videos.
📢 Announcing the Audius TikTok integration! 📢
You can now share your tracks directly from Audius to TikTok!
Follow and tag us in your videos using an Audius track for a chance to win 50 $AUDIO.
Official TikTok → https://t.co/mP0BKOjzRV pic.twitter.com/3ydBQq3GzL
— Audius 🎧 $AUDIO (@AudiusProject) August 16, 2021
According to Decrypt , the music streaming platform is already being used by artists such as Skrillex, Deadmau5, The Stafford Brothers, 3LAU, Alina Baraz and others.
Over the past two weeks, the Solana token has also shown rapid growth. During this period, the digital coin has risen in price by 120% and doubled its capitalization, taking the tenth place by this parameter among the largest cryptocurrencies.
