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SingularityNet (AGIX) Rises with AI Trend

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The price of SingularityNet (AGIX) has gone up by 13.40% in the last 24 hours. Currently, AGIX is being traded at $0.2907.

SingularityNet (AGIX), which is a type of alternative digital currency, is becoming increasingly popular in mainstream media while other leading cryptocurrencies experience limited trading. In the last 24 hours, AGIX has experienced a notable increase of 13.40%, according to CoinMarketCap. Currently priced at $0.2907, this altcoin has also recorded a significant trading volume of $159,763,838.

AGIX price chart (source: CoinMarketCap)

SingularityNet is a platform that uses blockchain technology to create an online marketplace for artificial intelligence (AI). It was first introduced on the Ethereum platform. The purpose of SingularityNet is to enable developers to easily share and monetize their AI algorithms by providing them with a public application programming interface (API) and a decentralized marketplace. The platform aims to make it straightforward for developers to publish their AI algorithms and earn money from them.

Also Read This : Coinbase executive uses ChatGPT to predict unusual crypto events

AGIX is the native currency of SingularityNet and is listed as the 96th cryptocurrency on CoinMarketCap, a popular cryptocurrency ranking platform.

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The constant flow of news about the impressive progress in artificial intelligence is causing significant changes in cryptocurrency companies involved in various aspects of this technology. One such example is ChatGPT, an AI-based language model that has achieved great success. As a result, AGIX, as well as other tokens associated with artificial intelligence, have seen a significant increase in their worth.

Looking at the current trading activity in the crypto market, AGIX’s Relative Strength Index (RSI) is above 50. This suggests that AGIX is neither in an overbought nor oversold state. Generally, this is seen as a positive sign indicating the possibility of a bullish momentum.

Important: This article is intended solely for informational purposes. It should not be considered or relied upon as legal, tax, investment, financial, or any other form of advice.

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  • Asad

    Asad is a dynamic and talented cryptocurrency content author who brings a wealth of knowledge and enthusiasm to every article. With a deep understanding of blockchain technology and a passion for digital assets, Asad's writing is both informative and engaging.

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