SingularityNET (AGIX)

Market Cap: $941 million

YTD: 135.14%.

Project Focus: SingularityNET ($AGIX) is a decentralized marketplace for AI services, designed to allow anyone to create, share, and monetize AI services at scale. The platform aims to be the core protocol for networking AI and machine learning tools to form a coordinated Artificial General Intelligence (AGI) with capabilities that exceed the sum of its parts. In other words, Skynet. I think.

What Makes It Unique: The uniqueness of SingularityNET lies in its vision to democratize access to AI technology, enabling developers, companies, and individuals to collaborate and access AI services easily. It promotes an open-source and decentralized approach to AI development, fostering innovation and reducing monopolistic control over AI technologies. Also, it’s built on Cardano’s ($ADA) blockchain.

AGIXUSD Daily Chart – Click to enlarge.

Of the five AI plays we’re looking at in today’s Litepaper, AGIX is by far the best performer YTD. 

From a technical perspective, the conditions are relatively the same as for Render. The only exception is the current daily candlestick, which is not as bearish as Renders, but still ugly for bulls. 

Stocktwits Sentiment Data for SingularityNET

Click to enlarge.

More in   Crypto

View All

Crypto News In Three Sentences – March 1, 2024

👀 Bitcoin ETFs Fly High Without Vanguard: The SEC’s nod to Bitcoin ETFs brings a seismic shift, yet giants like Vanguard ($VOO) stay on the bench, watching millions flow into these new funds. Despite Vanguard CEO Tim Buckley bowing out amid whispers of regret of not joining everyone else at the BTC ETF party, considering most of Vanguard AUM grew under Buckley, the no BTC ETF probably isn’t why. Probably. Maybe. From DailyCoin

🏦 Wells Fargo and BoA Embrace Crypto Craze: Speaking of Bitcoin ETF acceptance, Wells Fargo ($WFC) and Bank of America ($BAC) take the crypto plunge, offering Bitcoin ETFs to their daring clients. They join a financial frenzy alongside Schwab and Robinhood, contrasting Vanguard’s skeptical stance. Hey, maybe Wells Fargo will open crypto accounts for people who never asked them to? More from Cryptopolitan

Read It

BlackRock’s Bitcoin ETF Surpasses Silver Trusts with $10 Billion in Assets

When the first gold ETF came out, it took a couple of years to reach $10 billion in AuM (assets under management). How long did it take Blackrock’s $IBIT? 2 months. 😱

Bitcoin spot ETFs have now eclipsed the largest silver trusts regarding assets under management (AuM), setting their sights on surpassing gold trusts next. According to recent data from HODL15Capital, BlackRock’s IBIT has achieved an impressive milestone, amassing an AuM of $10.03 billion, translating to a remarkable year-to-date (YTD) increase of 35.2%.

Read It

Bitcoin Hits New All-Time High Then Someone Punched It In The Face

I’m a crypto fanatic. I am constantly observing and looking at what’s going on, and like many of you, the past couple of days, I’ve been glued to my screen or phone waiting for the news when Bitcoin hit a new all-time high. 👀

And now I need your help. Because I need someone to figure out the odds of someone like me, MISSING THE GODDAMN EVENT BECAUSE OF A DR’S APPOINTMENT.

Read It

Community Charts – March 6, 2024

GetRichSlow shows off a beautiful logarithmic $BTC chart, hinting at $200k in Q1 2025. 

His Fibonacci expansions highlight a series of projected price levels along with vertical blue bars highlighting when the RSI crosses 70. 

Read It