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SingularityNET is a blockchain-based, open, and decentralised network of AI services. AI developers offer their services on the SingularityNET network, where anybody with an internet connection can access them.
The network’s objective is to act as a link between AI developers and enterprises. It is intended to be a decentralised marketplace for artificial intelligence. It enables anyone to integrate AI into their own applications to improve the user experience.
SingularityNET’s (AGIX) Price Prediction
AGIX has been witnessing a tremendous price surge for the past one week. It has recorded a price surge of 130.05% in the last 7 days and 100.87% in the last 30 days.
With a 30.55% price increase in the last 24 hours, AGIX is currently trading at $0.02759. However, it is currently trading 93.91% below its all-time high of $1.86.
According to Coincodex’s technical analysis, investor sentiment around SingularityNET is bullish. They claim that it’s now a good time to buy SingularityNET as the majority of technical indicators are showing ”buy”.
Also Read: Top Meme Coins to Keep an Eye On In January 2023
AGIX has outperformed 74% of the top 100 crypto assets in one year, has outperformed Bitcoin and Ethereum, and is trading above the 200-day simple moving average, according to Coincodex.
They predict that the price of AGIX will rise by 109.46% in one month, reaching $ 0.239226 on February 12, 2023. Coincodex estimate that the AGIX price will range between $ 0.075018 and $ 0.225276 by 2025.
They even predict that AGIX’s price will breach the $1 barrier in the best-case scenario by 2027.
Also Read: Top DeFi Tokens To Buy In January 2023
How much money would you make if the SingularityNET (AGIX) price hit $1?
Let’s say you invest a modest $100 in AGIX today. At the current price, which is $0.02759, you will get approximately 3624 tokens. If you hold and sell these when AGIX hits $1, you could make $3,624. This means that your $100 investment would yield a 36X, or 3524%, return on investment (ROI).
Now, let’s assume you invest $1000 in AGIX today. At today’s market price, you will have approximately 36,245 coins. If liquidated at the price of $1, your $1,000 investment will be worth $36,245. If AGIX hits the $1 mark by 2027 (i.e., in the next 5 years), your annualised ROI will be 106.24%.
It is important for anyone considering investing in AGIX to carefully research the asset and understand the risks involved before making any investment decisions.
Disclaimer: This is not investment advice. DYOR
Also Read: Top Crypto Conferences To Attend In 2023
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