BEAT Token Surges 60% to $9.34 Amid AI Partnership Frenzy

The BEAT token for Web3 music and dance platform Audiera reached an all-time high of $9.34 on June 11, representing a 60% surge in value.

This price increase was driven by a partnership between Audiera and an AI-powered SocialFi platform, which aims to build the foundation of an 'agent-native economy.'

The BEAT token has seen significant growth over the past month, with its market capitalization reaching $2.68 billion.

Critics have raised concerns about Audiera's tokenomics, citing that 84% of the supply is controlled by the team, and pointing to similarities with previous projects that saw their tokens plummet in value.