What Are The Risks of Buying ChainOpera AI (COAI) in October?

Along with BNB’s recent rally, projects within the Binance ecosystem have been attracting retail traders in October. The capital inflow into Binance has fueled price increases across several ecosystem tokens, and ChainOpera AI (COAI) appears to have seized the opportunity.

But is ChainOpera AI’s rally sustainable? What factors should investors consider before allocating capital to this project?

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COAI’s Market Cap Surpasses $1 Billion in Less Than a Month

ChainOpera AI is a decentralized AI platform built on blockchain technology. It aims to foster collaborative intelligence through a network of AI agents and models co-created and owned by the community.

In Binance’s dynamic ecosystem, ChainOpera AI (COAI) has recently gained attention as its market capitalization exceeded $1 billion. Within just 24 hours, the price of COAI surged by over 64%, reaching $5.60 and pushing its market cap above $1.1 billion, according to data from BeInCrypto.

From an internal perspective, the project has made significant progress despite being launched just a few months ago. According to ChainOpera AI, since introducing its AI payment service on the BNB Chain in May, its ecosystem has expanded, now serving over 3 million AI users and 300,000 BNB payers.

A solid user base has strengthened COAI’s demand, contributing to its bullish momentum.

Externally, the project’s success is also tied to favorable timing. Building on BSC (Binance Smart Chain) during a period when Binance founder CZ actively promotes the ecosystem has clearly benefited COAI. The prevailing “BNB Season” sentiment has led to a surge in positive discussions surrounding tokens within the ecosystem.

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“Looking back on our success, one key reason is that we happened to be building on BSC and BNB, accumulating 300,000 BNB paying users for our AI Terminal App. These users significantly overlap with Binance Alpha’s user base, converting 40,000 of them into active $COAI participants,” ChainOpera AI stated.

Furthermore, COAI’s rally has been fueled by recent listing events. On October 6, COAI was listed on Aster Exchange with 5X leverage. Combined with prior integrations on Bybit and Binance Alpha, these listings unleashed massive liquidity inflows.

ChainOpera AI (COAI) is currently one of the top-performing projects in Binance Alpha’s portfolio over the last seven days, boasting over 1,300% gains.

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Potential Risks for Investors Entering COAI Now

While COAI’s achievements are impressive, investors should remain cautious about several risks associated with a newly launched TGE project.

First, token concentration raises red flags. The top 10 wallet addresses collectively hold over 96% of the total supply, while the top 100 control up to 99.74%.

Such a distribution structure invites fears of market manipulation. However, a credible and long-term-oriented team would avoid actions that undermine investor confidence.

“If these wallets dump, the price could collapse to zero—even below $0.01—in seconds. This isn’t a real pump… it’s pure manipulation,” one X user warned.

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Second, COAI’s tokenomics reveal a lengthy unlock schedule. Data from CryptoRank shows that only 19.6% of the total 1 billion COAI tokens are currently in circulation.

A critical question emerges: if the external boost from the current “BNB Season” fades, can ChainOpera AI’s internal fundamentals continue to attract new investors?

Historical trends suggest that projects with high fully diluted valuations (FDV) and low circulating supply often struggle to maintain investor interest once initial hype cools.

COAI’s long-term success will depend on whether it can convert its short-term momentum and community-driven narrative into lasting, organic demand for its ecosystem.