AGIX Price Analysis February 2023

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AGIX is a token of the platform SingularityNET. Its current price is around $0.4927 at the time of writing, with a low of $0.03354, and it has a market cap of 590 million dollars.

What is SingularityNET (AGIX)?

AGIX is the coin of the SingularityNET platform, which is around $0.4927 at the time of writing, with a low of $0.03354. It reached a high of $0.4999, and its current ranking is #77, according to CoinMarketCap, with a market cap of 590 million dollars. SingularityNET is a blockchain-based decentralized AI marketplace leading the Artificial General Intelligence (AGI) development market. They aim to use AGI technology to bring about a beneficial technological singularity.

SingularityNET (AGIX) is a blockchain-based platform with decentralized Artificial Intelligence (AI). It is powered by two popular smart contract blockchains, Ethereum (ETH) and Cardano (ADA). SingularityNET (AGIX) is a blockchain-based platform that allows users to easily develop, share and generate revenue from Artificial Intelligence services. SingularityNET’s native token, AGIX, manages transactions and enables community-based governance on the platform. It is a fundamental part of the network’s infrastructure.

AGIX Coin Market Analysis 

AGIX has a total supply of 1,249,584,777 coins worth around $0.4927 with a market volume of 292 million dollars, whereas the market capitalization is 590 million dollars at writing. During the past month, SingularityNET experienced a positive performance 67% of the time. As a result, SingularityNET is currently a profitable decision. In terms of price increases, it has increased by around 200% in the past year and an incredible 2,037.78% over three years.

AGIX Price Prediction

In the 30 min time frame, the price action of $AGIX/USDT consolidates inside the Ascending triangle. Currently, the price is trying to break its horizontal resistance zone of the triangle. Therefore, we must wait for a successful breakout or breakdown to confirm its next direction of $AGIX.

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Agix Price Analysis
AGIX Price Analysis

Closing Thoughts

The Crypto market is known for its volatile nature. According to the above analysis, the coins we discussed might prove to be profitable if other market conditions prevail favorably. We suggest you engage in adequate research before investing in any digital assets.

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Pratyaksh
Pratyaksh

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