cryptocurrency While markets are taking a breather after a new bullish rally, the artificial intelligence (AI) coin segment is performing positively. Veteran cryptocurrencies like AGIX have jumped to levels not seen since April 2023.
Cardano’s AI Coin AGIX Posts Double-Digit Growth
In the last 24 hours, Cardano The price of SingularityNET (AGIX), an artificial intelligence (AI) cryptocurrency associated with , rose from $0.37 to $0.42, a 13.5% increase noted. The rally may be catalyzed by a number of community management catalysts within the AGIX ecosystem.
Join us at the Beneficial Artificial General Intelligence #BGI24 Summit & Unconference 2024, presented by SingularityNET, @True_AGIand @Hypercycle_AI. Learn more and register to attend in-person or watch online:
— SingularityNET (@SingularityNET) January 19, 2024
NEWS CONTINUES BELOW
First of all, Beneficial Artificial General Intelligence Summit & Unconference 2024, one of the biggest events of the year, is approaching. This event is jointly organized by decentralized platforms such as SingularityNET (AGIX), HyperCycle and True AGI.
The highly anticipated conference will take place in Panama between February 27 and March 1, 2024. Also notable is Deep Funding, an incubation initiative focusing on next-generation products in the fields of artificial intelligence and blockchain. To be able to vote for the most promising projects, Deep Funding enthusiasts must own the AGIX token on the Cardano (ADA) or Ethereum (ETH) networks.
With the recent rise, SingularityNET (AGIX) has strengthened its position as one of the five largest AI cryptocurrencies by market cap. This cryptocurrency is accompanied by Bittensor (TAO), Render Network (RNDR), Akash Network (AKT) and Fetch.ai (FET), with a value of $ 521 million.
OpenAI’s Sora Release Fuels the Rise in Artificial Intelligence Cryptocurrencies
According to CoinGecko’s data, the total market value of artificial intelligence coins increased by 4.4% in the last 24 hours and exceeded 13.4 billion dollars. Besides SingularityNET (AGIX), projects such as Echelon Prime (PRIME), Artificial Liquid Intelligence (ALI) and Delysium (AGI) have made significant gains. Interest in the artificial intelligence segment has been revived with the new technologies developed by OpenAI. This week, Sam Altman’s team released Sora, an extremely powerful AI model that creates hyper-realistic videos with text commands. X users collectively share the videos they produce during their experiments with Sora.
