Price Prediction: Is SingularityNET (AGIX) a Worthy Investment?

Updated: 24 February 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Artificial intelligence (AI) services have advanced rapidly across all industries in the last ten years. To that end, SingularityNET (AI) aims to develop a decentralized AI-powered global economy.

Corporate integration and a massive investment in its research and development will lead to a boom in AI in the coming years.

Overall, the project aims to make AI services available to consumers through various AI agents. AI agents can sell and purchase products and services, allowing anyone to use or participate in AI technology.

Without interoperability, AI has a significant problem today, which SingularityNET addresses by enabling large-scale AI coordination and collaboration. Here is a short-term price prediction if you consider investing in the coin.

SingularityNET (AGIX) Price Prediction Analysis

The SingularityNET USD rate stands at $0.42 as of February 24, 2023, down 0.42% in the last hour. There is $128,949,868.00 worth of trading volume on AGIX in a 24-hour period, which makes SingularityNET (AGIX) rank #86 in the cryptocurrency space.

SingularityNET value is predicted to rise by 1.40% by March 1, 2023, reaching $0.426660. Based on our technical indicators, the current sentiment is Bullish, while the Fear & Greed Index shows 53 (Neutral). In the past 30 days, SingularityNET has recorded 16/30 (53%) green days with a price volatility of 35.23%.

The overall SingularityNET price forecast sentiment is bearish, with 29 technical analysis indicators signaling bearish signals and two signaling bullish signals, based on data from February 24, 2023. By March 2023, based on historical price data, the price could reach USD 0.48 or USD 0.45, with an average price of USD 0.47.

An Overview of the Future of SingularityNET (AGIX)

SingularityNET is an AI initiative to create a decentralized, open-source AI platform. If you believe there will be a trend toward artificial intelligence in crypto for some time, AGIX is a good investment because the crypto market runs on trends, and AI and Big Data are the current ones.

AGIX tokens are the native cryptocurrency of the SingularityNET platform and are used to pay for AI services. Success in attracting AI developers and customers is crucial to the future success of SingularityNET and AGIX. AI technology adoption and growth are also important factors.

SingularityNET accessible and decentralized platform

However, the SingularityNET platform offers a more accessible and decentralized alternative to the current centralized AI market, making it a project worth monitoring. But investing requires thorough research and consideration of all factors before deciding.

SingularityNET (AGIX) Coin: Is it a Good Investment?

Besides being a top 100 cryptocurrency project, Singularity is also a top five AI cryptocurrency project. The coin might provide a good return for all AGIX investors if AI continues to trend in cryptocurrency. The coin could, however, drop drastically if the trend fades. AGIX coin might be a good investment if you don’t go deep and invest a little.

What is the Alternative to AGIX?

A good choice for traders is FGHT, which has performed well in the presale of the Fight Out ecosystem. In the Fight Out platform, users’ complete tasks that promote fitness and healthy living while earning rewards in return for their participation.

Using M2E technology, Fight Out uses an algorithm to track the user’s essential data – movement, effort, sleep, and diet. These exercises aim to develop a user’s fitness profile to receive more customized training regimens.

With over $4.5 million raised so far, the network’s FHGT token is currently in stage 2 of its presale. Find out more about the ongoing presale at Fight Out here.

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