AI Crypto Project Built on Ethereum Surges 175% in Seven Days As Artificial Intelligence Hype Intensifies


An artificial intelligence-focused crypto project is exploding amid an industry-wide boom in interest and adoption of AI technology.

The Ethereum-based project SingularityNET (AGIX) has jumped from a low of $0.16 to a high of $0.44 in just one week – a 175% increase.

SingularityNET is a blockchain-based marketplace for artificial intelligence services ranging from individual AI algorithms to standalone AI applications.

The team behind the project says it’s working to build an ecosystem of projects to drive growth and token utilization in areas such as decentralized finance (DeFi), robotics, biotech, gaming, media and enterprise-level AI.

The project has also announced a transaction milestone, with more than 200 million tokens sent through its SingularityNET blockchain bridge.

The bridge is designed to give crypto holders the ability to transfer tokens to and from the Ethereum (ETH) and Cardano (ADA) networks.

SingularityNET isn’t the only AI-focused crypto asset that has exploded in the last week. (FET) – another platform that aims to bring together artificial intelligence and blockchain technology – has moved from $0.26 to a high of $0.47. That’s a whopping 80% increase.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia


Source link

Related posts

Leave a Comment