The value of SingularityNET’s token, AGIX, rose greater than 15% at present after Twitter proprietor Elon Musk posted a humorous motivational poster mentioning the mission identify. Consequently, the SingularityNET token outperformed all of its main sector rivals within the final 24 hours, whereas its capitalization rose to $650.3 million and the AGIX tag hit Twitter tendencies.
— Elon Musk (@elonmusk) March 15, 2023
Beforehand, the eccentric billionaire’s magic prolonged to token memes related to the Shiba Inu canine breed. Now, it’s more and more widespread to see Musk making jokes and statements about synthetic intelligence, which additionally impacts the worth of the cryptocurrencies in query.
Singularity NET (AGIX) and synthetic intelligence
With synthetic intelligence rising in recognition and hitting the mainstream, SingularityNET has grow to be the true sensation of the crypto market in 2023. Due to a profitable narrative, AGIX has risen by virtually 1,100% for the reason that begin of the 12 months.
As was lined by U.In the present day, SingularityNET is a decentralized market for synthetic intelligence companies that emphasizes working throughout these Cardano and Ethereum blockchains. The mission staff has beforehand unveiled a bridge to transform the platform’s native token between these two chains, additionally launching the AGIX-ADA staking pool.
All in all, although, it may be assumed that the bogus intelligence narrative might be headlining for a very long time to come back, on condition that the hype has solely simply begun.
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