Crypto News: Since the beginning of 2023, the cryptocurrency market has experienced a significant upswing. Many cryptocurrencies have posted 10x gains, while some have even hit their all-time highs. One of those coins/tokens that has risen to amazing heights recently is SingularityNET’s native cryptocurrency “AGIX”.

Also read: Breaking: Crypto Market rose but fell shortly after US Fed Chairman Powell’s speech

AI-based SingularityNET (AGIX) First choice of ETH whales

A recent statistics from Whalestat indicates that SingularityNET (AGIX) is now in the top 10 purchased tokens of the 100 largest ETH whales in the last 24 hours. The growing popularity of AI-based platforms is one of the biggest reasons for AGIX’s recent growth spurt.

Source – CoinMarketCap

The price of SingularityNET at the time of writing is $0.5771, with a market cap of $69.2 million and a 24-hour trading volume that is up 5.66%. Now it stands at $423,868,407. At the same time, the circulating supply is approximately 1,199,121,857 AGIX. Read more crypto news here…

AI-Based Tokens Leading Crypto Bulls

Artificial intelligence-based tokens like AGIX have been witnessing bullish price action since the start of the year. This token is up almost 883% over the month.

SingularityNET’s AGIX hit a 17-month high of $0.59 in the early hours of Tuesday before dropping to its current price of $0.57. The move still represents a 226.65% increase in value over the past seven days.

With new announced partnerships and building on innovations pioneered by top DeFi pioneers like Cardano, SingularityNET is building its momentum. According to the platform, it is exploring a way to strengthen a high-use case for all its developers using MeTTa, a smart contract development environment.

“#SingularityNET is pleased to share that the integration of MeTTa into Plutus is already under active development in the context of @Hypercycle_AI, a massively scalable, easy to use, and richly and smoothly interoperable sidechain.”

– SingularityNET (@SingularityNET)

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The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.

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