BlockBeats News, May 30th, according to market data, PRAI plummeted more than 34% in the past 24 hours, with a nearly 56.3% decline in the past 7 days, bringing its market cap down to $7.17 million.
Prior to this, crypto KOL @ai_9684xtpa analyzed that the VC cost of the PRAI token is about $0.1-$0.12. "Privasea's funding in the privacy field is also a 'textbook-level case study,' with a valuation skyrocketing 36 times in 14 months, surging all the way to the top three in the privacy field valuation and also signing market-making agreements with Amber Group and GSR Markets."
BlockBeats previously reported that on January 10th, Privasea AI announced the completion of its Series A financing, with a total of $15 million raised in three rounds of financing. Investors include GSR, Amber, and Echo, with early investment institutions including Binance Labs, OKX Ventures, Nomura's Laser Digital, Gate Labs, among others.
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