PaLM AI (PALM) Metrics
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PaLM AI (PALM)
What is PaLM AI?
PaLM AI (PALM) is an advanced artificial intelligence model developed by Google, designed to understand and generate human-like text based on the input it receives. Launched in 2022, PaLM AI aims to enhance natural language processing capabilities, enabling applications in various fields such as customer service, content creation, and programming assistance. The technology behind PaLM AI is based on a transformer architecture, which allows it to process and generate text efficiently. This model is trained on a diverse dataset, enabling it to understand context, nuances, and complex queries, making it a powerful tool for developers and businesses looking to integrate AI into their operations. PaLM AI stands out for its ability to perform tasks that require deep understanding and reasoning, positioning it as a significant player in the AI landscape. Its applications range from automating repetitive tasks to generating creative content, thereby enhancing productivity and innovation across industries.
When and how did PaLM AI start?
PaLM AI originated in April 2022 when Google Research released its initial whitepaper detailing the architecture and capabilities of the model. The project aimed to advance natural language processing and understanding through a large-scale language model. Following the whitepaper, the team launched a testnet in June 2022, allowing developers and researchers to experiment with the model's functionalities and gather feedback. The mainnet launch occurred in November 2022, marking the official deployment of PaLM AI for broader use. Early development focused on enhancing the model's ability to understand and generate human-like text, with an emphasis on various applications in AI-driven tasks. The initial distribution of access to PaLM AI was conducted through a controlled rollout, primarily targeting developers and organizations interested in integrating advanced AI capabilities into their applications. These foundational steps laid the groundwork for PaLM AI's growth and its integration into various platforms and services.
What’s coming up for PaLM AI?
According to official updates, PaLM AI is preparing for a significant upgrade focused on enhancing its natural language processing capabilities, with a targeted release in Q1 2024. This upgrade aims to improve the model's efficiency and accuracy, making it more effective for various applications. Additionally, PaLM AI is set to launch new integrations with popular productivity tools and platforms in mid-2024, which will expand its usability across different sectors. These initiatives are designed to enhance user experience and broaden the ecosystem of applications utilizing PaLM AI's technology. Progress on these milestones will be tracked through official communication channels and updates from the development team.
What makes PaLM AI stand out?
PaLM AI distinguishes itself through its advanced architecture and unique mechanisms that enhance its capabilities in natural language processing. Built on a transformer-based model, PaLM AI leverages a large-scale, multi-modal approach, enabling it to process and generate text with remarkable fluency and contextual understanding. This architecture supports high throughput and low latency, making it suitable for real-time applications. Additionally, PaLM AI incorporates innovative techniques such as few-shot learning, allowing it to adapt to new tasks with minimal examples, which significantly enhances its usability across various domains. The ecosystem is enriched by partnerships with leading tech companies and research institutions, fostering collaboration and integration of cutting-edge tools and resources. Moreover, PaLM AI emphasizes developer accessibility through comprehensive SDKs and APIs, facilitating seamless integration into existing applications. This combination of advanced technology, robust tooling, and strategic partnerships positions PaLM AI as a significant player in the AI landscape, catering to a diverse range of users and applications.
What can you do with PaLM AI?
The PaLM AI ecosystem offers a range of practical utilities for its users, holders, validators, and developers. The PALM token is primarily used for transaction fees within the network, enabling users to access various applications and services powered by PaLM AI. Holders can participate in staking, contributing to the network's security while potentially earning rewards for their involvement. Additionally, they may engage in governance activities, such as voting on proposals that influence the future direction of the ecosystem. For developers, PaLM AI provides tools and resources for building decentralized applications (dApps) and integrating with existing platforms. This includes access to software development kits (SDKs) and APIs that facilitate the creation of innovative solutions. The ecosystem also supports various wallets and marketplaces, allowing users to manage their PALM tokens and interact seamlessly with dApps. Overall, PaLM AI fosters a collaborative environment where users and developers can leverage its capabilities for diverse applications, from AI-driven solutions to decentralized finance (DeFi) initiatives.
Is PaLM AI still active or relevant?
PaLM AI remains active through a series of recent updates and announcements, with the latest significant release occurring in September 2023. The development team is currently focusing on enhancing its natural language processing capabilities and expanding its integration with various applications across the tech ecosystem. The project has maintained a presence on several major trading platforms, indicating ongoing market interest and engagement. Additionally, PaLM AI has established partnerships with key players in the AI and tech sectors, further solidifying its relevance in the industry. Active governance proposals and community discussions are also taking place, showcasing a commitment to continuous improvement and adaptation to user needs. These indicators collectively support PaLM AI's continued relevance within the artificial intelligence landscape, highlighting its role as a significant player in the evolving tech ecosystem.
Who is PaLM AI designed for?
PaLM AI is designed for developers and enterprises, enabling them to leverage advanced AI capabilities for various applications. It provides tools and resources, including APIs and SDKs, to facilitate the integration of AI functionalities into their products and services. Developers can utilize PaLM AI to create innovative solutions that enhance user experiences, automate processes, and analyze data more effectively. Secondary participants, such as researchers and data scientists, engage with PaLM AI by utilizing its capabilities for experimentation and development of new AI models. This collaboration fosters a broader ecosystem where knowledge sharing and innovation can thrive. By catering to both primary and secondary user groups, PaLM AI aims to empower a diverse range of stakeholders in the AI landscape, driving advancements in technology and application across multiple sectors.
How is PaLM AI secured?
PaLM AI employs a robust security framework that integrates a consensus mechanism to ensure transaction integrity and network reliability. The system utilizes a Proof of Stake (PoS) consensus model, where validators are responsible for confirming transactions and maintaining the blockchain. These validators are selected based on the amount of cryptocurrency they hold and are willing to "stake" as collateral, which aligns their incentives with the network's health. For cryptographic security, PaLM AI implements advanced techniques such as Elliptic Curve Digital Signature Algorithm (ECDSA) to authenticate transactions and ensure data integrity. This cryptographic approach helps protect against unauthorized access and ensures that transactions are verifiable. Incentive mechanisms are also in place, where validators earn rewards for their participation in the network, while penalties, or slashing, are enforced for malicious behavior or failure to validate transactions correctly. This dual approach of rewards and penalties fosters a secure and trustworthy environment. Additionally, the network undergoes regular audits and incorporates governance processes to enhance security further. The diversity of client implementations also contributes to resilience against potential vulnerabilities, ensuring a robust operational framework for PaLM AI.
Has PaLM AI faced any controversy or risks?
PaLM AI has faced scrutiny regarding its ethical implications and potential biases in its outputs. Concerns were raised about the model's ability to generate misleading or harmful content, which sparked discussions about the responsibility of AI developers in mitigating such risks. In response, the team implemented a series of updates aimed at improving content moderation and reducing bias in the AI's responses. This included refining training datasets and enhancing the model's ability to recognize and filter inappropriate content. Additionally, there have been discussions around the regulatory landscape for AI technologies, with potential legal challenges related to data privacy and intellectual property. To address these concerns, the PaLM AI team has engaged with regulatory bodies and participated in industry forums to advocate for responsible AI use and compliance with emerging regulations. Ongoing risks for PaLM AI include the evolving nature of AI ethics, potential misuse of the technology, and the need for continuous updates to address vulnerabilities. The team remains committed to transparency and has established a framework for regular audits and community feedback to ensure the responsible development and deployment of the AI system.
PaLM AI (PALM) FAQ – Key Metrics & Market Insights
Where can I buy PaLM AI (PALM)?
PaLM AI (PALM) is widely available on centralized cryptocurrency exchanges. The most active platform is Gate, where the PALM/USDT trading pair recorded a 24-hour volume of over $253.19.
What's the current daily trading volume of PaLM AI?
As of the last 24 hours, PaLM AI's trading volume stands at $5,929.13 , showing a 495.62% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's PaLM AI's price range history?
All-Time High (ATH): $0.846886
All-Time Low (ATL): $0.024665
PaLM AI is currently trading ~96.44% below its ATH
and has appreciated +19% from its ATL.
What's PaLM AI's current market capitalization?
PaLM AI's market cap is approximately $2 335 774.00, ranking it #1408 globally by market size. This figure is calculated based on its circulating supply of 77 500 000 PALM tokens.
How is PaLM AI performing compared to the broader crypto market?
Over the past 7 days, PaLM AI has declined by 12.43%, underperforming the overall crypto market which posted a 1.31% gain. This indicates a temporary lag in PALM's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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PaLM AI Basics
| Website | palmai.tech |
|---|---|
| Wallet | Coins Mobile App |
| Source code | etherscan.io |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
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PaLM AI Exchanges
PaLM AI Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to PaLM AI
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 40 | BitTensor TAO | $2 712 650 395 | $282.64 | $175 126 686 | 9,597,491 | |||
| 52 | Near Protocol NEAR | $1 508 858 948 | $1.27 | $134 336 482 | 1,185,165,436 | |||
| 75 | Render RENDER | $971 094 565 | $1.88 | $28 987 520 | 517,690,747 | |||
| 104 | Artificial Superintelligence Alliance FET | $556 450 225 | $0.213203 | $56 236 294 | 2,609,959,126 | |||
| 107 | Virtuals Protocol VIRTUAL | $526 361 548 | $0.811542 | $78 307 740 | 648,594,347 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 623 | ChainGPT CGPT | $24 978 715 | $0.027144 | $2 790 351 | 920,227,627 | |||
| 836 | TokenFi TOKEN | $12 839 572 | $0.003496 | $1 227 726 | 3,672,522,529 | |||
| 965 | PAAL AI PAAL | $8 538 903 | $0.013118 | $964 911 | 650,945,444 | |||
| 1204 | SPECTRE AI SPECTRE | $4 223 139 | $0.423387 | $207 881 | 9,974,653 | |||
| 1436 | HyperGPT HGPT | $2 206 122 | $0.002445 | $308 087 | 902,125,000 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 060 840 249 | $1.000098 | $14 834 899 964 | 78,053,207,623 | |||
| 9 | Lido Staked Ether STETH | $23 177 088 939 | $2 366.36 | $11 136 178 | 9,794,399 | |||
| 12 | Usds USDS | $11 075 157 306 | $0.999816 | $90 065 973 | 11,077,194,156 | |||
| 13 | Wrapped Bitcoin WBTC | $10 654 550 042 | $81 222.08 | $153 781 109 | 131,178 | |||
| 14 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 386 432 366 | $2 921.04 | $14 304 853 | 3,555,731 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
PaLM AI



