SingularityNET is a project aimed at bridging the gap between the worlds of blockchain and artificial intelligence (AI), making its primary goal to create a decentralized AI solution that's accessible globally. This initiative strives to unite various AI systems, allowing them to work in harmony.
As such, SingularityNET crypto’s overarching objective is to establish a framework that fosters interoperability among diverse AI systems, enabling them to share information and complement each other's capabilities.
Like many projects, SingularityNET comes with its own utility token called AGIX.
AGIX is the native utility token of SingularityNET. This native token was designed to create and mobilize value by utilizing and offering AI services through its worldwide AI marketplace.
Users can explore SingularityNET's Marketplace to find, test, and purchase an extensive range of AI services using AGIX crypto tokens. The marketplace serves as a platform for AI developers to showcase and sell their AI tools while keeping an eye on their performance. It's worth noting that the maximum supply of AGIX crypto tokens is capped at 1,000,000,000,000 AGIX.
The fastest, most convenient way to purchase SingularityNET is to purchase it on ICONOMI. We check SingularityNET live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy SingularityNET by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if SingularityNET is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy SingularityNET, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have SingularityNET in their structure.
Here you can read and comment on all posts made by Strategists about SingularityNET AGIX. See all SingularityNET price predictions in real time and make the best use of their crypto knowledge.
$AR breaking the previous highest price before $BTC.
The infrastructure applications sector will recover the fastest in the market than other sectors.
$LINK is included in this sector, but it is not included in this crypto strategy, because it is Oracle.
The strategy mainly focuses on data platforms, cloud computing AI, IoT,ML and DePin. Like $AR,$RNDR, $FET,$OCEAN,$GRT, $AGIX $GLM ..etc
Current structure:
$BTC 13.13%
$SOL 11.02%
$FET 9.13%
$RUNE 8.1%
$INJ 6.26%
$DOGE 5.87%
$USDT 4.79%
$TVK 4.17%
$ICP 3.85%
$ATOM 3.76%
$ETH 3.4%
$FTM 2.96%
$RNDR 2.73%
$SHIB 2.67%
$NEAR 1.99%
$JASMY 1.7%
$GRT 1.59%
$AGIX 1.55%
$AR 1.53%
$OCEAN 1.5%
$OSMO 1.38%
$WIF 1.1%
$BONK 1.1%
$FIL 1.04%
$LINK 1.02%
$FRONT 0.93%
$MATIC 0.88%
$RLC 0.85%
We are rebalancing everything back to original weights with one major change - we are swapping our $FET holding for $RNDR. The decision for this is that FET is merging their token with $OCEAN and $AGIX to form Superintelligence Alliance and a new token called Artificial Superintelligence ($ASI).
We could not find any info on when exactly this will happen, however that means that the FDV of the new token will be over two times bigger than FET's current FDV. Because of this uncertainty we have decided to rotate into Render, which also covers the AI narrative in the market and has had one of the stronger bounces recently.
Below we are attaching $FTM's chart from 2021. We want to use it as an example of what could happen in the coming months. You can clearly see large drawdowns which are very painful to hold through and our belief is that this is happening again to some extent.
The large majority of coins have already seen huge drawdowns, but due to the fact we have entered the positions early in the bull market we remain in the green. A great example of this is $INJ which is about -55% down from the all time high, but our expectation is that it is just one of these large drawdowns as we can see on Fantom's graph. These are quite difficult to trade or to time. Many people trading with leverage get liquidated on such moves, that is why just holding spot positions is much better for the large majority of investors.
We will see what happens, but we remain optimistic and think that the largest and volatile moves still lie ahead of us. As always - not financial advice and do not risk what you are not willing to lose fully.
📰 News from the crypto market 📰
Merger $FET , $AGIX and $OCEAN tokens scheduled for May
Artificial Superintelligence Alliance confirmed the upcoming merger of ASI tokens in early May, an event that will unite tokens $FET , $AGIX and $OCEAN in ASI.
Fourth $BTC halving successfully completed
Based on historical data, combined with the approval of Bitcoin funds at the beginning of the year, the fourth halving of Bitcoin or halving, which occurred on April 20, could lead to the "most bullish" Bitcoin cycle.
Continued influx into BlackRock's Bitcoin ETF
It has recorded more than $15.3 billion in net inflows so far - $8 billion ahead of the next best Fidelity Wise Origin Bitcoin Fund (FBTC) .
There are still '9 months of stock' of bitcoin on exchanges 🚨⚠️
Bybit, one of the world's leading cryptocurrency exchanges, warns of a possible shock of the bitcoin offer. The warning comes amid high expectations from bitcoin's $BTC supply cuts on stock markets.
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Correction, they are scheduled to merge on May 24.