Crypto:
30604
Bitcoin:
$62.402
% 3.97
BTC Dominance:
%53.6
% 0.35
Market Cap:
$2.21 T
% 1.97
Fear & Greed:
33 / 100
Bitcoin:
$ 62.402
BTC Dominance:
% 53.6
Market Cap:
$2.21 T

AGIX Price Prediction 2024: What is SingularityNET(AGIX)?

Singularitynetagix

SingularityNET is a platform aiming to democratize artificial intelligence (AI) by creating a decentralized marketplace for AI services. But what exactly is it, and where is it headed? Let’s delve into the world of SingularityNET, explore its past performance, and peek into potential future price predictions.

Blockchain + AI: A Match Made in Tech Heaven?

Blockchain technology, despite its hype, is essentially a tool for data storage and distribution. While its potential remains vast, understanding its intricacies can be daunting. Enter SingularityNET, aiming to bridge the gap with a platform that leverages blockchain to make AI more accessible.

Think of it as a hub where developers can create, share, and monetize AI protocols. This, they believe, will unlock AI’s potential beyond the clutches of specific companies. Their website boldly declares: “SingularityNET is a full-stack AI solution powered by a decentralised protocol, and the first and only decentralised platform allowing AIs to cooperate and coordinate at scale.”

AGIX Price Prediction

SingularityNET’s long term Price Prediction below is a look at AGIX’s future prospect with regards to price. SingularityNET was last seen at $0.51, with a market cap of $643.737.029 and trading volumes of $220.874.116. AGIX’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

SingularityNET Price Predictions by Analysts

Analysts offering AGIX price predictions vary in their approaches:

  • Wallet Investor: Predicts a rise to $2.82 by 2025, with a more conservative minimum of $0.98.
  • Trading Beasts: Estimates a potential reach of $1.14 by the end of 2024, while acknowledging short-term volatility.
  • Long Forecast: Provides a wider range of $0.43 to $1.18 for the rest of 2024.

Ekran Resmi 2024 02 22 10.49.34

AGIX/USD Technical Analysis

Currently, AGIX/USD is experiencing a period of consolidation after its rapid climb. Technical indicators suggest:

  • Relative Strength Index (RSI): At 60, indicating some overbought territory but not necessarily unsustainable growth.
  • Moving Average Convergence Divergence (MACD): Positive crossover, suggesting continued bullish momentum.
  • Support and Resistance: Key support levels lie at $0.5 and $0.45, while resistance is present at $0.6 and $0.7.

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