what's OpenSVM?
OpenSVM, with token ticker SVMAI, is a cryptocurrency project associated with the opensvm.com platform. It operates as a digital currency exchange providing cryptocurrency trading services, advanced tools, and staking options tailored for users ranging from beginners to experts. The platform integrates elements potentially leveraging AI with blockchain data, as highlighted in community discussions, aiming to enhance functionalities within the crypto ecosystem such as analysis or security features.
svmai featured in a Solana AI degen app composability demo.
Featured as one of five projects used in a composability demonstration for an AI degen application on Solana.
Top 100 holders receive a free mint of an upcoming IDLHUB collection.
Coordinated bot spam campaigns target replies mentioning the token and related tokens ($svmbank, $ovsm, $slonana) through automated reply spam tactics.
Slonana Labs acquires OpenSVM for mid 8-figure amount and plans to migrate $SVMAI token to new pumpswap model via MigrateFun with migration date to be announced this week.
Price surges 54% to $0.000328 on $47K daily volume with $327K market cap at rank 5470. 25% of token supply sits in one wallet.
Solana RPC API access is now available through OSVM tool using OpenSVM RPC API.
$OVSM and $SVMAI will integrate and index starting tonight.
Funding secured for company relaunch with plans to hire new team.
$OVSM holders will receive $SVMAI airdrops from each ICO.
Project announces plans to deploy free inference services on 8xL40s GPU node for top 100 holders once daily fees exceed $800, requiring top 100 positions in both $SVMAI and $OVSM tokens.
Developer behind project has executed six previous rug pulls through various projects (RIN, CHAN, PIX404, PATS, OCHAN), with a pattern of implementing sophisticated token systems before abandoning them. Active security threat: Do not connect wallets or send SOL.
Major rug pull alert with 99.5% value loss from 20M to 100K. Developer associated with multiple failed projects.
MEXC listed the token on launch day with wrong logo. Moved treasury for GPU/RPC expenses from BUZZ5JEG9NLQY4RAFt5fLPiYBZVbXtQ3YTSjd5bMsfsf to Squads Protocol multisig.