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Oraichain Launches $RACKS: First AI Agent on Agents.Land

Oraichain Launches $RACKS: First AI Agent on Agents.Land

Oraichain launches $RACKS, the first AI agent on Agents.Land, with explosive market performance and strong community backing.

Image of Chirag SharmaChirag SharmaNews

Dec 29, 2024

Written By Chirag Sharma

Author: Chirag Sharma

Written On: Sun, 29 Dec 2024 17:42:55 GMT

Oraichain has unveiled its latest innovation, $RACKS, a new buzz in AI-driven crypto projects.

$RACKS: The First AI Agent on Agents.Land

$RACKS introduces a revolutionary AI agent operating across the Oraichain and Solana networks, epitomizing interoperability. Key highlights include:

  • Cross-Chain Functionality: Seamless operations on both blockchains.
  • Community-Centric Airdrops: Wallets with 10+ ORAI tokens received early airdrops, fostering strong community support.

This strategic launch not only showcased Oraichain’s appreciation for its community but also cemented $RACKS as a project with substantial grassroots backing.

Oraichain Debuts $RACKS

Trading for $RACKS began with remarkable momentum on leading decentralized exchanges like Raydium and OraiDEX. Key trading highlights:

  • Rapid Growth: $RACKS jumped from a $12,000 market cap to $240,000 within 30 seconds post-launch.
  • Phenomenal Performance: Posts on X celebrated $RACKS hitting a $3.5 million market cap, a staggering 100x increase.
  • Liquidity Availability: Trading pairs like RACKS/ORAI ensure robust liquidity and accessibility.

These figures underscore the immense confidence and demand surrounding Oraichain’s latest endeavor.

Strategic Cross-Chain Vision

Oraichain’s decision to launch $RACKS on both its native blockchain and Solana reflects its commitment to expanding functionality and user reach. This multi-chain approach:

  • Leverages Solana’s speed and scalability.
  • Enhances utility and adoption within the Oraichain ecosystem.

The move aligns with Oraichain’s broader strategy of integrating advanced AI into decentralized finance, paving the way for future cross-chain projects.

Community on $RACKS from Oraichain

As per the Orai community, the $RACKS launch is more than a token event—it signals Oraichain’s role as an AI-blockchain pioneer, blending sophisticated AI agents with blockchain principles. With $RACKS gaining rapid traction, Oraichain demonstrates its ability to create ecosystems where innovation and community thrive together. With the price of $ORAI sitting at a high potential, this could really help the ecosystem.

As the buzz around $RACKS continues to grow, Oraichain sets a powerful precedent for how AI and blockchain can converge to deliver transformative solutions.

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In this article

$RACKS: The First AI Agent on Agents.Land

Oraichain Debuts $RACKS

Strategic Cross-Chain Vision

Community on $RACKS from Oraichain

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