% 3.44
BTC Dominance:
% 0.13
Market Cap:
$2.44 T
% 3.67
Fear & Greed:
74 / 100
$ 69.278
BTC Dominance:
% 54.4
Market Cap:
$2.44 T

AI Tokens Rise: SingularityNET (AGIX) Surge

Singularitynet (Agix)

Following a strong performance by leading cryptocurrencies, optimism is returning to the AI token market. After a surge in late February that propelled DeFi and memecoins alongside Bitcoin, AI tokens are regaining attention.

SingularityNET (AGIX)

Fetch.AI (FET) and SingularityNET (AGIX) are leading the charge, with price increases of nearly 18% to 20%, positioning them as potential top gainers for the day.

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Breaking Bullish: AGIX has broken above a bullish flag pattern after a period of consolidation.

MACD Crossover: This breakout is accompanied by a bullish MACD crossover, indicating increasing buying pressure.

Potential for New Highs: The token is expected to surpass $1 and potentially reach a new all-time high (ATH).

Strong Momentum: Continued bullish momentum could see AGIX reach above $2 in the long term.

What is AGIX? How does it work?

SingularityNET is an artificial intelligence marketplace. It’s a platform that allows users to generate revenue. With SingularityNET, developers can develop artificial intelligence programs and offer them for sale. Users who require artificial intelligence services can also purchase the programs on offer.

On the SingularityNET platform, it is possible to use and trial artificial intelligence services before having to commit to paying for them. Users who need are seeking specific artificial intelligence services can contact SingularityNET’s expert community. Users can contact experts through a portal called Request for AI (RFAI).

SingularityNET was founded in the Netherlands in 2017. The developers of SingularityNET include Dr. Ben Goertzel, Simone Giacomelli and Dr. David Hanson. The project’s development team also pioneered AI development with a bot named Sophia — they say Sophia is the bot most comparable to a human.

READ:  Top 3 AI Made Cryptocurrencies

SingularityNET’s native token is AGIX. AGIX is an Ethereum blockchain based, ERC-20 token. Users can review, test and purchase artificial intelligence services on the platform using the AGIX token. AGIX token holders are able to shape SingularityNET’s governance decisions. AGIX token holders can also stake their tokens on the network.

The supply of AGIX is capped at 2,000,000,000.

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