SingularityNET [AGIX] experiences this transfer with $50M token transaction

• SingularityNET (AGIX) noticed a 100 million token transaction, the most important on the community in 14 months.
• The AGIX token has been experiencing a gradual rise in worth, with a rise of almost 6% over the previous three days.

SingularityNET (AGIX) just lately skilled a big motion that had been absent for greater than a yr. Given the current surge within the worth, might a transfer like this have an much more vital affect on the asset?

Learn SingularityNET (AGIX) Worth Prediction 2023-24

SingularityNET with a number of transactions

Information from Santiment indicated that on 22 March, 100 million SingularityNET (AGIX) token transactions have been processed. Probably the most distinguished identified trade addresses despatched virtually a fourth of all AGIX to a different tackle within the transaction.

The transaction was the most important on the community in 14 months, valued at almost $50 million.

SingularityNET is an open-source platform that goals to launch a worldwide market for AI providers. The blockchain expertise that the platform is predicated on makes it potential for AI brokers and customers to commerce info and providers in an open and trustable method. The AGIX token, the system’s native foreign money, can be utilized for varied functions.

SingularutyNET (AGIX) provide stats

In line with knowledge from CoinMarketCap, there was at the moment 1.2 billion (roughly) SingularityNET (AGIX) in circulation, with a most provide of two billion. The market cap had declined by near 1% within the final 24 hours, but buying and selling quantity had elevated by over 70% in the identical timeframe.

AGIX on a each day timeframe

SingularityNET (AGIX) started its rise on 1 February, based on a take a look at it on a each day timeframe. The worth had climbed by roughly 188% from when the upswing began to the current second.

Though the worth motion confirmed vital volatility, it held its place larger than the place the uptrend began.

Over the earlier two days, its worth had risen steadily, rising by almost 6%. As of this writing, it was buying and selling at $0.48, with an upward development above its short-moving common (yellow line).

The Relative Energy Index (RSI) line for AGIX was above the 50 line, indicating that the general development was bullish.

 How a lot are 1,10,100 AGIXs value right this moment?

A better examination of the ecosystem reveals that traders had considerably raised their curiosity in SingularityNET (AGIX) over the earlier yr.