Santiment Announces the Sector Replacing Artificial Intelligence Altcoins!

Santiment, in his last statement altcoin He discussed an interesting trend in the world. SingularityNET, known as AGIX, is known for facilitating the development and sharing of artificial intelligence (AI) tools. Last week, the value of AGIX increased by 78% to $0.75, the highest level in its history. rose.

Santiment’s analysts point out that lately the popularity of AI tokens has been overshadowed by DeFi tokens. DeFi, or decentralized finance, is an ecosystem that allows users to borrow, lend or exchange cryptocurrency without a central authority.

DeFi altcoins such as UNI, COMP, SUSHI, and AAVE gained value following a major proposal by Uniswap. Uniswap is one of the decentralized exchanges and has recently changed its fee management policy. According to the new proposal, part of the transaction fees on the platform will be distributed to UNI token holders.

Following yesterday’s developments, the value of UNI, which was previously traded around $7, increased by more than 50% and is now trading around $11.

centimeter‘s analysts stated that this initiative by UNI also benefits other DeFi altcoins such as COMP, SUSHI and AAVE.

As we reported as Koinfinans.com, it was noteworthy that AGIX experienced a significant increase in on-chain activities after its market value almost doubled. The AGIX network, which enables the development and sharing of artificial intelligence tools, reached an all-time high with 93,600 empty wallets. Additionally, this altcoin has seen a sudden increase in whale transactions and on-chain volume of over $1 million.


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