AGIX, the primary token powering SingularityNET's innovative AI platform, is creating excitement in the crypto community by reaching unprecedented levels on the Cardano blockchain.
AGIX Reaches All-Time High
This increase not only underscores the growing importance of AGIX, but also the growing importance of AI-driven cryptocurrencies in the digital asset landscape.
Latest data provided by Santiment reveals that AGIX's market value has more than doubled in the past week. This increase reflects increased investor interest and confidence in SingularityNET's vision and technology.
The increase in AGIX's performance coincides with broader enthusiasm for artificial intelligence (AI) technologies in the cryptocurrency industry.
Recent advances in AI, such as OpenAI's Sora video renderer and Nvidia's strong financial results, have contributed to an overall increase in the value of AI-related cryptocurrencies, further strengthening AGIX's trajectory.
The price of AGIX increased by over 156% in the last two weeks, rising from $0.298 to $0.786, marking a significant milestone in its appreciation.
Moreover, AGIX has seen a significant increase in on-chain volume, with the value of daily whale transactions exceeding $1 million. The number of AGIX holders also increased, with a record-breaking 93,600 non-active wallets, indicating widespread adoption and investor participation.
SingularityNET's choice of Cardano as its platform underlines the synergy between artificial intelligence and blockchain technology.
The SingularityNET team has actively worked to improve Cardano interoperability, facilitate collaborative efforts between the ADA and ETH ecosystems, and further increase the utility and attractiveness of AGIX.
*This is not investment advice.
