SingularityNet (AGIX) Soars With the Rising Trend of AI

• SingularityNet (AGIX) has increased by 13.40% during the past 24 hours. 
• AGIX is currently trading for $0.2907.

SingularityNet (AGIX), an altcoin, is gaining significant traction in mainstream media, even as other top cryptocurrencies see limited trading activity. AGIX has seen a significant 13.40% surge in the past 24 hours, as indicated by CoinMarketCap. With a price of $0.2907, the altcoin has also witnessed a substantial trading volume of $159,763,838.

SingularityNet is a blockchain-based AI marketplace that initially launched on the Ethereum platform. It provides developers with a public API and decentralized marketplace, making it simple for them to publish and monetize their AI algorithms. As the native currency of SingularityNET, AGIX is currently at the 96th spot on CoinMarketCap.

The continuous stream of news regarding the remarkable advancements in artificial intelligence triggers substantial transformations within crypto companies that are actively engaged in various facets of this technology. The AI trend adopted by ChatGPT has proven to be exceptionally successful, and AGIX, along with other tokens linked to this technology, has experienced a notable surge in value.

Coming to the trading movements in the crypto market, AGIX’s ( RSI) is over 50. Therefore this indicates AGIX is neither an overbought nor oversold state. This is generally consider a positive indication of a potential bullish momentum.