Crypto Price Update: SingularityNET (AGIX) Becomes Most-Purchased Tokens By ETH Whales

Crypto News: Since the beginning of 2023, the cryptocurrency market has experienced a considerable resurgence. Many cryptocurrencies have recorded 10x gains, while some have even reached their all-time highs. One of those coins/tokens that has risen to astounding heights in recent times is SingularityNET’s native cryptocurrency “AGIX.”

Also Read: Breaking: Crypto Market Rose Up But Fell Soon After U.S. Fed Chair Powell’s Speech

AI Based SingularityNET (AGIX) First Choice Of ETH Whales

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

SingularityNET’s price at the time of writing is $0.5771, with a market capitalization of $69.2 million and a 24-hour trading volume up by 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 are witnessing bullish price action since the start of the year. This token has nearly soared 883% over the month.

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

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

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

– SingularityNET (@SingularityNET)