SingularityNET(AGIX)

As the cryptocurrency market experiences a bullish wave, tokens linked to artificial intelligence (AI) ventures are once again seeing significant gains. Santiment’s recent report underscores this trend, revealing a marked increase in the market capitalization of projects focused on Big Data and AI. Notable assets leading this surge include $BOTTO, […]

Three key players within the AI domain of cryptocurrency, namely SingularityNET (AGIX), Fetch.ai  (FET), and Ocean Protocol (OCEAN), have announced the merging of their respective tokens into one Artificial Superintelligence (ASI) Token. Reports highlight that the ASI token is anticipated to attain a diluted valuation of $7.5 billion. Since the […]

The native cryptocurrency of SingularityNET, AGIX, has emerged as a standout performer this week, experiencing a significant surge in market value.  This surge has sparked heightened activity on the Cardano blockchain, reflecting a growing interest in cryptocurrencies with a focus on artificial intelligence (AI). AGIX’s robust price performance and the […]

AI-focused cryptocurrencies are gaining traction, evidenced by the recent 6% rally in Fetch.ai’s (FET) price following its partnership with SingularityNET (AGIX). This collaboration is evidence of the growing combination of AI and blockchain technology, which many investors believe could bring a new era of innovation to the crypto market. With AI cryptos becoming increasingly popular, […]

Artificial intelligence has emerged as a transformative technology in the recent past.

SingularityNET CEO Ben Goertzel said it’s important to make AI systems available in decentralized networks and not controlled by elite groups.

A look at the performance of AGIX, XLM and HEX

The Biden Administration released sweeping new AI rules for US developers on Oct 30. Here's how it could affect AI cryptocurrencies.

Janet Adams, the COO of SingularityNET, said that AGIs falling into the hands of military could pose existential threats to humanity.

SingularityNET CEO Ben Goertzel says that AI and blockchain have the potential to solve problems that traditional mechanisms have “consistently, miserably failed.”

The tokens such as FET, GRT, AGIX rose/fell tktk

The company also announced a partnership with artificial intelligence company SingularityNET.

The mobile network operator will roll out the blockchain-based lending solution in three phases.

CoinMarketCap has released a report on the global crypto market after H1. The report delves into a general market overview, recent key events, and what it expects H2’s key themes will be. Today, CoinMarketCap, the world’s leading price-tracking website for crypto assets, released its 2023 H1 Crypto Market Analysis Report. Crypto Market Kicks 2023 Off Strong The crypto market started this year with a bang witnessing the bitcoin price doubling, the rise of L2s such as Arbitrum and ZK, and the NFT market showing signs of improvement. By the end of Q2, the global crypto market capitalization reached an impressive $1.17 trillion, marking a 48% YTD increase. Q1 and Q2, however, concluded with similar total market caps, meaning Q2 showed much less growth. Q2 was instead characterized by trends such as the “memecoin” frenzy and the rise of BRC20 tokens, which, despite being noteworthy, did not garner the same excitement as the previous quarter’s developments. Market sentiment improved significantly by the end of Q1, with the CMC Crypto Fear and Greed Index registering at a neutral 52 – a vast improvement over the start of the year, which registered a fearful 30. According to CMC’s report, the Total Spot Trade Volume of the Top 20 Crypto Exchanges peaked in March but declined by around 36% quarter-on-quarter. Top Growing Sectors Despite what can only be called challenging market conditions, certain industry sectors witnessed remarkable growth in market cap year-to-date. VR/AR (704%0 and AI & Big Data (323%) exceeded expectations, while blue-chip decentralized finance (DeFi) projects appear to be making a strong comeback. The “memecoin” frenzy saw the sector add over 260 new coins YTD, with AI & Big Data taking second place, adding 61 coins. DeFi ranked third, adding 47 new listings YTD. Bitcoin and Ethereum Developments The market’s top tokens, Bitcoin (BTC) and Ethereum (ETH) experienced several events, resulting in noteworthy price fluctuations. CMC’s Top Views CoinMarketCap saw a surge in views from the memecoin sector as $PEPE took the industry by storm. PEPE’s explosive rally of over 3700x from April to May sparked particular interest in the sector, and it joined CMC’s “Most Added to Watchlist.” Memes also registered the most engagement in CMC Community. The DeFi sector registered sustained interest throughout the year’s first half to become the second most viewed. Sector interest largely focused on Terra Classic (LUNC) as Binance burned 2.65 billion LUNC tokens, worth approximately $236,000. AI and Big Data have undoubtedly marked 2023 following the launch of OpenAI’s revolutionary ChatGPT, and it is reflected in views. Best Performing Coins Arbitrum ecosystem tokens such as Pendle (PENDLE) and Radiant Capital (RDNT) appeared to be H1’s top gainers, along with Optimist ecosystem tokens such as Velodrome Finance (VELO). Other top gainers include layer-one blockchains, including Dione Protocol (DIONE), Conflux (CFX), and Injective (INJ). AI-related tokens such as SingularityNET (AGIX) and Render (RNDR) also performed well. Key Themes for H2 CoinMarketCap identified the key themes for the second half of 2023. Bitcoin ETFs The crypto news cycle has recently been dominated by talks of Bitcoin ETFs after BlackRock, the world’s largest asset manager, filed for a Bitcoin spot ETF with the SEC. News of BlackRock’s application spurred a host of other firms, such as Valkyrie, Fidelity and 21 Shares, to announce they are also seeking ETF approval. The SEC has yet to approve any of the applications. Should the regulator grant these ETFs, they could unlock substantial investor demand by offering regulated products for asset allocation. Decentralized Public Infrastructure Networks One of H2’s key themes will be Decentralized Physical Infrastructure (DePIN). DePIN is still in its early stages of expansion and aims to provide solutions for access sharing of physical assets or services like warehousing and data networks. Real World Assets (RWAs) The tokenization of assets has become an increasing focus for the crypto asset industry. Projects focused on making RWAs tradeable on-chain largely consist of credit market protocols such as Maple Finance and Goldfinch allow businesses to use DeFi to secure financing and loans. Liquid Staking Derivative (LSDs) Liquid Staking Derivative witnessed a dramatic surge in activity in H1 owing largely to Ethereum’s Shapella upgrade. Market leaders such as Lido and Rocket Pool saw their TVLs rise 138% and 220%, respectively. By the end of June, LSD platforms secured over a third of Ethereum’s Total Value Staked. Restaking The introduction of EigenLayer – a middleware platform which allows staked ETH or liquid staked ETH tokens to be reused on the consensus layer, prompted restaking as an emerging theme in H1. Restaking was in demand after EigenLayer’s Restaking Smart Contracts were deployed and reached their maximum limits within a day of the mainnet launch. zkSync zkSync, a zero-knowledge roll-up solution, emerged as a popular Ethereum-based layer-2 solution and strong competitor against Ethereum optimistic roll-ups, including Optimism and Arbitrum. zkSync utilizes zero-knowledge technology to offload traffic from Ethereum to an efficient second layer, helping to increase Ethereum’s throughput while enabling an array of new applications. Modular Blockchains (Celestia) Most layer-1 blockchains are monolithic chains that result in issues surrounding efficiency, stemming from the blockchain trilemma of decentralization, security and scalability. Modular blockchains like Celestia address these issues by separating blockchains into three layers: execution, settlement, consensus and data availability. In doing so, modular blockchains provide developers with modular data availability and consensus layers which dApps and sidechains can leverage to bootstrap development. FTX Bankruptcy Developments After FTX collapsed, its depositors could not determine how much of the almost $9 billion shortfall could be collected during the liquidation process. In January, it emerged that more than $5 billion in liquid assets were collected, and this number subsequently increased to $7 billion. The firm overseeing FTX’s restructuring recently contacted creditors, giving them a “Customer Bar Date” of September 29, 2023. Debtors are, however, unlikely to receive a payout until at least H2 2024. Bitcoin Remains Most-Viewed Crypto Across All Regions Regional differences in interest in various crypto sectors were insignificant. Bitcoin continues as the most-viewed crypto across all regions in H1 2023, similar to data from Q4 2022. Bitcoin’s dominance over altcoins increased by 25% from 40.09% at the beginning of the year to 50.39% at the end of H1. As expected, the US continues to dominate the distribution of crypto users worldwide. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT.

Cryptocurrencies, like InQubeta (QUBE), that are linked to artificial intelligence (AI) have emerged as the top altcoins to buy as crypto investors look to capitalize on what many industry experts like Bill Gates have already predicted will be the next technological revolution. Gates has already warned that the world should expect to see many major changes within a few years. The InQubeta presale is attracting lots of global investors as it’s the first platform to create a simpler yet secure way for anyone, anywhere to buy equity in artificial intelligence startups. InQubeta isn’t the only AI-linked altcoin that has been getting lots of attention lately. Others like Fetch.ai and Singlularity.NET are also seeing an influx of bullish investors. Even mainstream corporations that help to push innovations like Nvidia, which provides chips for AI software, have also seen a substantial increase in investment funds. Nvidia recently became a trillion-dollar corporation after announcing that the demand for chips that power AI software has increased by over 50%. InQubeta emerges as leader of AI cryptocurrencies Also known as machine learning, artificial intelligence is a type of software system that’s based on neural networks. The technique was created decades ago, but couldn’t be used to its full potential until new computing resources were developed. Thanks to AI, vehicles with self-driving capabilities are already being mass-produced and many people have smartphones with effective image and voice recognition tools. Companies like Tesla® are already working on humanoid robots that can perform manual labor and domestic tasks. Even Wall Street has been firmly behind the AI revolution, with investments in the sector rising by over $100 billion from 2015 to 2022. Total investments in firms linked to AI are predicted to exceed $1.5 trillion by 2030. A large portion of these funds will go into AI-linked cryptocurrencies. The top ten ones are: 1. InQubeta (QUBE) InQubeta (QUBE) provides a platform that allows startups that focus on artificial intelligence to connect with potential investors. It bypasses the barriers associated with conventional investment channels like needing Silicon-Valley-type connections or being able to afford minimum account deposits that exceed the average person’s annual income. Firms raise money on the InQubeta platform by creating non-fungible tokens (NFTs) that denote equity and other bonuses in their companies. The NFTs are fractionalized, allowing investors to invest as little or as much as they want. They become equity-owning associates, while the company gets the capital it needs to innovate. Transactions are done with the platform’s native currency, $QUBE tokens. AI is expected to be, at the very least, as disruptive as the Internet revolution was. Those who invested in companies that quickly capitalized on the new opportunities created by the internet have made substantial returns on their investments since. For example, a $10,000 investment in Amazon during its initial public offering in 1997 would be worth more than $2.2 million today. Thanks to InQubeta, everyone can now invest in companies that will push innovations in the sector. InQubeta investors can earn extra bonuses by staking their $QUBE to help secure and run the blockchain. Rewards are sent periodically from a dedicated pool that is funded with a 5% sell levy on all $QUBE transactions. $QUBE tokens also give investors access to the platform’s governance, allowing them to suggest and vote on issues that affect the project’s development and future. Visit InQubeta Presale 2. Fetch.ai (FET) Fetch.ai is another interesting AI-driven cryptocurrency platform that has been getting lots of attention lately. It aims to automate web transactions on its decentralized platform. Each user gets a digital version of themselves called a ‘digital twin’ that learns, interacts, and negotiates with the digital twins of goods or service providers. Digital twins use set parameters given by users to negotiate on their behalf. For example, a user’s digital twin might interact with the digital twins of concert ticket sellers to find the best deals for a specific event. These digital twins can also interact with other digital twins that have performed similar tasks in the past and learn from them. Fetch.ai digital twins can also be used for decentralized financial services. For example, a user’s digital twin can notice price differences of a specific token on different cryptocurrency exchanges and take advantage of them autonomously. Bill Gates recently predicted that services like the ones provided by Fetch.ai would be the first to cause major disruptions as it has the potential to change how people shop online. 3. Singlularity.NET (AGIX) Singularity.Net is a decentralized AI marketplace that uses blockchain technology to provide unrestricted access to applications and algorithms. One of the platform’s main goals is to create Artificial General Intelligence from all the interactions between different AI algorithms. Singularity.NET hosts its platform on the Cardano (ADA) and Ethereum (ETH) blockchains and anyone can use the learning models created on it. Its native currency the AGIX is used to pay transaction fees and purchase products. Over 70 AI services are already available on the platform and the user-friendly interface makes it easy for non-developers to navigate the space. 4. The Graph (GRT) The Graph provides a system for querying and indexing data from blockchains, much like a search engine’s index and query data from websites. The Graph’s platform does this by organizing data into subgraphs. It’s built on the Ethereum blockchain and it allows anyone to build and publish APIs that applications can query with GraphQL to secure blockchain data. Visit InQubeta Presale 5. Ocean Protocol (OCEAN) Ocean Protocol provides an Ethereum-based platform that allows individuals and businesses to monetize and exchange data and data-based services. For example, it can give researchers access to the data without the data holder having to relinquish it. While many cryptocurrencies had a rough time in 2022, Ocean prices kept growing before finally coming down in early 2023. 6. Cortex (CTXC) Cortex provides a peer-to-peer, open-source, decentralized blockchain-based platform that supports uploading and executing AI models on the distributed network. It aims for AI democratization where models can be integrated into smart contracts to create AI-powered decentralized applications. Cortex hasn’t enjoyed the price growth many other AI-driven cryptocurrencies have recently seen, but it has the potential to create a new class of decentralized applications and smart contracts in the future. 7. iExec RLC (RLC) IExec offers a blockchain network that users can use to monetize their computing power or access on-demand computing resources. RLC is the network's native currency and it’s used to pay transaction fees on the blockchain. The iExec platform is currently the leading blockchain-based decentralized computing platform and it also allows users to monetize data sets and applications. iExec supports applications used in various fields like fintech, rendering, AI, and healthcare. iExec aims to reinvent the cloud computing space by creating a new blockchain-based cloud paradigm. iExec’s platform relies on XtremWeb-HEP, which is an open-source grid software that allows for features like security, data management, private infrastructure, and the development of virtual images. Visit InQubeta Presale 8. Numeraire (NMR) Numeraire runs an AI-powered blockchain network that acts like a hedge fund on behalf of users, using machine learning and artificial intelligence to invest in global stock markets. Its native currency the Numeraire is used to pay transaction fees on the network. The Numeraire blockchain is Ethereum-based, allowing data scientists and developers to experiment and develop machine learning models. The platform aims to decentralize the data science field while allowing developers to make more effective machine-learning models. Numeraire claims the title of being the first hedge fund to launch its cryptocurrency, but unlike conventional hedge funds, it uses predictions made by users to select stocks. It heavily relies on machine learning for its investment strategies. 9. dKargo (DKA) dKargo is a blockchain network that uses artificial intelligence to address issues in the logistics industry by providing credible data to participants. The network also helps to establish efficient logistics networks based on improved communication provided by blockchain technology. The dKargo platform helps to address trust issues created by split logistic nodes by using blockchain technology to enhance communication and create collaboration-based logistic networks that would be impossible without blockchain technology. The platform also provides Web3 logistic services. It gives users optimized routes and logistics that couldn’t have been possible with the structure of silo logistics. 10. Phala Network (PHA) Phala Network also provides AI-augmented blockchain-based cloud computing services, but its main focus is privacy. The platform is positioned as a decentralized alternative to traditional cloud computing providers like Google Cloud or Amazon AWS. PHA is its native currency and used for various things like purchasing computing resources, paying data exchange fees, and security guarantees. Phala Network provides users with contract-based data exchange infrastructure for standardized trading protocols, analysis, and collection. PHA also serves as the platform’s governance tokens giving users a say in the platform’s development and operations. Summary 2023 has been the year of AI-linked cryptos as they emerge as the top altcoins to buy. Investors remain bullish on these tokens that are driven by artificial intelligence while generally feeling bearish about most cryptocurrencies. AI-linked cryptos are taking over the crypto space and their futures look bright with a total of $1.5 trillion expected to be funneled into the AI sector. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The crypto market saw a major correction despite the Federal Reserve pausing interest rate hikes. With the move already priced in, the global crypto cap shrank by 3% in a span of 24 hours. The SingularityNET token also took a major hit, slipping over 8% in 24 hours. Despite AGIX’s struggles, several new AI-based tokens […]

Fetch.ai (FET) and SingularityNET (AGIX) have rebounded better than most cryptocurrencies since the 2022 crash, but InQubeta’s (QUBE) fundamentals remain stronger. The InQubeta presale is bringing in lots of investors who are eager to 4x their investments during the presale period alone.  Fetch.ai had its initial coin offering (ICO) in 2019 and investors 4.64x their […]

The intersection of artificial intelligence (AI) and cryptocurrency has opened up exciting possibilities for investors. As AI continues to revolutionize various industries, AI-focused cryptocurrencies have emerged as potential game-changers. In this article, we will explore five AI coins that have the potential to transform investors' financial lives. 1. Fetch.ai (FET): Fetch.ai aims to create a decentralized network that enables machines to exchange data, services, and value autonomously. By combining AI, blockchain, and multi-agent systems, Fetch.ai facilitates the development of intelligent decentralized applications (DApps). With its focus on autonomous machine-to-machine communication and economic transactions, Fetch.ai presents a compelling investment opportunity in AI. 2. InQubeta (QUBE): InQubeta combines the power of AI and blockchain to create a unique ecosystem for AI startups and investors. With its NFT marketplace and crowdfunding platform, InQubeta enables investors to back and invest in promising AI projects. By leveraging QUBE tokens, investors can participate in the success of AI startups and benefit from their growth. InQubeta's focus on AI and its innovative approach to crowdfunding makes it an intriguing investment opportunity in the AI coins space. InQubeta is also currently in its presale, with the project raising more than $300,000 within a few weeks of launch. Interested participants can purchase the token using popular tokens like Ethereum, Bitcoin and USDT on the presale portal. In addition, the minimum presale amount is pegged at $50, making it accessible to all types of investors. Visit InQubeta Presale 3. SingularityNet (AGI): SingularityNet envisions a global AI marketplace where developers, businesses, and individuals can access and exchange AI services. By leveraging blockchain technology, SingularityNet aims to create a decentralized network that democratizes access to AI. With its AI-as-a-Service platform, SingularityNet enables developers to monetize their AI algorithms and allows users to benefit from diverse AI capabilities. 4. Injective Protocol (INJ): Injective Protocol is a decentralized exchange (DEX) that enables the trading of synthetic assets, including AI-related financial products. By leveraging layer-2 technology, Injective Protocol offers fast and secure trading with near-zero gas fees. As the demand for AI-related financial instruments grows, Injective Protocol provides a unique investment opportunity in the AI coins market. 5. The Graph (GRT): The Graph is an indexing protocol that allows developers to efficiently access blockchain data. By providing APIs and a query language, The Graph simplifies the process of extracting and utilizing blockchain data for building decentralized applications. With the increasing adoption of blockchain technology and the need for efficient data processing, The Graph has the potential to become a critical infrastructure in the AI and blockchain ecosystem. Visit InQubeta Presale Bottom Line In conclusion, the emergence of AI-focused cryptocurrencies has opened up new avenues for investors. Fetch.ai, SingularityNet, Injective Protocol, The Graph, and InQubeta are five AI coins that hold the potential to revolutionize the AI industry and change investors' financial lives forever. Investing in these AI coins comes with both potential rewards and risks. It is crucial for investors to conduct thorough research, assess the fundamentals of each project, and evaluate market trends before making investment decisions. Additionally, staying updated with the latest developments and news in the AI and cryptocurrency sectors is essential to make informed investment choices. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Crypto bashing in the mainstream media continues unabated as Reuters writer bigs up AI at the expense of the crypto sector. A mainstream media narrative Mainstream media generally appears to back the narrative that crypto has no intrinsic value, and that it will go to zero much sooner than later. This is the narrative put out by governments, bank leaders, and global traditional financial agencies. Everyone has their view of crypto, and both sides of the argument have prominent economists and financial experts with widely differing opinions. However, what is not in doubt is that the large mainstream media outlets are gunning for crypto, often with little fundamental sense behind their articles. For example, an article published today by a Reuters columnist expounds the view that the current “AI craze” leaves crypto for dead, and states how AI is gathering momentum while crypto is gathering dust. No one can deny that artificial intelligence (AI) is arguably the biggest technological breakthrough that the human race has ever seen. The potential for this technology is as breathtaking as it is alarming. Crypto and AI complement each other However, comparing it with crypto is quite ridiculous. It’s like comparing apples and oranges. Both have their place, and the two of them complement each other, as can be seen with crypto projects such as Render, Ocean, SingularityNET, and others that are harnessing the power of AI. Crypto is either extremely misunderstood, or there are malicious actors involved in trying to drive this anti-crypto narrative out to the masses. Of course, in calling a spade a spade, the vast majority of cryptocurrencies will probably eventually fail and go to zero, but some of these projects are revolutionary, and this space is coming up with financial innovations such as DeFi, NFTs, payments, and many other uses that can change our world for the better. Bitcoin is an exit from debasing fiat currencies Bitcoin is the preeminent cryptocurrency, and it serves as a hard money exit out of the failing fiat-based monetary system. Artificial intelligence with properly defined boundaries can complement this people’s money and be used to make life easier for all. Just throwing mud at a technology is never a good idea. Balanced arguments are always needed. Crypto is a technology that seems to threaten governments, banks, and central planners in general. Being able to have total control has become the raison d’être of governments instead of being a servant of the people. Crypto challenges this misuse of power, and it is to be hoped that AI will not be used to strengthen governmental oppression of freedoms. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A debt ceiling agreement appears to have been reached, but a vote is still needed. Crypto AI tokens are rising strongly. Still some way to go to agree debt ceiling Amid mutterings of discontent about the debt ceiling deal, especially on the Republican side, the issue is due to be put before the House. Republican lawmaker Chip Roy put it into perspective by remarking in a tweet on Sunday: “they haven’t been educated yet on what a t*rd-sandwich this “deal” is. They will be.” Republicans and Democrats need to get the deal voted on and passed by June 6. Should they fail to do so, a most unlikely scenario, the US government would default on its debt for the first time in history. Crypto is a hedge out of the debt debacle Bitcoin and crypto are receiving an advantage of the uncertainty as investors dip their feet into the asset class in order to diversify and hedge their risk. However, it’s not the entire crypto sector that is benefiting. Bitcoin and ethereum are looking strong, as are some of the more fundamentally sound tokens, although the sector as a whole is still flat after the crypto rally from the beginning of the year - that is with the exception of the artificial intelligence niche. AI tokens make strong moves to the upside Certain of these AI tokens have surged considerably today. Ocean (OCEAN) has been one of the most prominent of the AI crypto tokens to make some great gains in the last several hours. From a price of $0.34 OCEAN rose as high as $0.39 - a 14% increase. Now the token looks to be forming a flag at the upper limit of a trendline formed since early February. A further break to the upside is a possibility. SingularityNET (AGIX) is another trendline breaker. It has managed 13% in all today, but the price is still to come back and retest the trendline before potentially going much higher. Possibly the most successful of the AI tokens so far today is Matrix.ai (MAN). MAN surged more than 30% in just the last two hours, taking it to a price of just under $0.32. The price has since returned to $0.30, but there does appear to be more in the tank for a potential move higher. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

As the crypto bull market sputters into action one niche that looks strong right now is crypto AI. Bitcoin makes it possible Bitcoin has broken out of its slow grind to the downside, and positive price action saw the king of the cryptocurrencies correcting back to the upside from last Thursday, culminating in a strong green candle on Sunday that took bitcoin back above $28,000. While bitcoin has been doing its part in regaining lost momentum for the crypto sector, a certain niche within crypto looks to be the one to lead the rest into the next crypto bull market - economic factors allowing. AI is a strong crypto niche This is the niche of artificial intelligence (AI). Obviously, in the traditional financial world outside of crypto, AI is just about the strongest narrative there is, with the likes of ChatGPT becoming even more powerful, and other competitors now coming into the AI field. Artificial intelligence has its own niche within crypto with the likes of data marketplaces, graphic rendering, and the utilisation of global computing power providing compelling use cases. The crypto sector has already experienced how AI can drive the industry forward, given that from early January it did just that by hugely outperforming all other niches in crypto. The likes of SingularityNET (AGIX), Fetch.ai (FET), and Ocean (OCEAN) made gains of 1400%, 575%, and 400% respectively from the beginning of 2023, and made those gains in only around five weeks. Render (RNDR) is another cryptocurrency that is becoming a giant in the AI niche, putting on 445% for the same period, but increasing that to 635% from early March until now. AI crypto coins with potential to go much higher There are various other AI coins in the niche that are also primed to break out and potentially storm higher over the next few weeks and months, as long as sufficient liquidity remains in the crypto sector. Matrix AI (MAN) put on nearly 1300% since mid November of 2022, and following a 76% correction it looks primed to move higher again. MAN broke through a trend line going back to mid March earlier today. It has since come back to retest this line so it will be interesting to see if it now moves higher. Artificial Liquid Intelligence (ALI) was another powerfully thrusting AI crypto and gains of 1230% were an excellent return for only five weeks. A deep, nearly 85% correction followed, and now ALI has woken up and has broken up through the downward trendline in force since its top in early February this year. A retest of the trendline has already taken place and ALI has seen a cross up from the bottom on the large weekly timeframe of the Stochastic RSI momentum indicator. This coin may have the potential to go much higher now. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Just today alone, SingularityNET price went up by 13% following a significant volume inflow in the past hours. It has formed a bullish pattern on the lower time frame, looking set for a rally. In the first quarter of the year, the price of AGIX rallied by over 1000% to $0.668. It encountered resistance and halted the […]

AI cryptocurrency tokens took off to the upside on Friday. Will they spark the next phase of the bull rally? An AI led bull rally The crypto bull rally that started at the beginning of this year was very much led by a strong artificial intelligence (AI) narrative. ChatGPT was out in the public arena and much polemic debate raged over its use. As the interest in AI continued to gather momentum, the focus turned to the cryptocurrency sector and its obvious capability to integrate AI and use its own particular technology innovations to find novel use cases. According to Coingecko, the AI crypto category currently has a market cap of around $2.6 billion. Back in early January this would have been a lot less and value investors saw the potential in buying up several of the crypto AI tokens. Massive AI token surge One of the biggest recipients of this buying spree was SingularityNET ($AGIX). $AGIX went from a value of $0.0450 on January 1, to $0.622 on February 8, a whopping gain of 1400%. Fetch.AI ($FET) was another AI token that rose in tandem with $AGIX. $FET put on 586% for the same time period, but if it was taken into account that its bottom was in late November 2022, its actual gain could be measured at 1068%. However, both of these tokens, plus most of the other AI tokens descended from their dizzy heights in early February, first descending precipitously, and then grinding down over the last 3 months to arrive at what could now be an AI token bottom. Technical indicator bottoms When looking at technical analysis, the higher time frames give the much truer picture of price action. In this respect, the weekly Stochastic RSIs (a momentum indicator) have bottomed for some of the AI tokens, implying that they are now extremely oversold, and with some of these a crossover has now taken place. $AGIX was the first AI token to lift off, and started its rapid breakout on late Thursday afternoon. It surged 30% in a period of only 24 hours, hitting $0.32. Since then $AGIX has come back to touch the trendline it broke out of - a trendline that has been steadily following downwards since March 18. A cross up has taken place on the weekly RSI and it now remains for the oscillator to cross the 20 line to really signal the start of the strongest momentum that can send AGIX back to its double top at $0.66. Many of the other crypto/AI-related tokens are likely to follow suit and it will be very interesting to note which of them might take the lead from SingularityNET. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.