SingularityNET (AGIX) has recently emerged as a major player in the field of Artificial Intelligence (AI) crypto assets. Based on a blockchain platform, SingularityNET allows easy generation, sharing and monetization of AI services. Riding the bullish wave of AI, the crypto asset, AGIX, linked to SingularityNET gained immense interest due to the success of OpenAI’s Chatbot – ChatGPT and subsequent attraction from Tesla CEO Elon Musk.
As a result, there was substantial speculation about whether Musk was interested in the acquisition of AGIX and this drove the price of AGIX exponentially. Currently, AGIX is valued at approximately $0.42, with a performance of -1.45% in the past 24 hours and a trading volume of $164,200,817. It is currently ranked 80th among all cyrptocurrencies with a market capitalization of $575,604,879.
According to predictions, the AGIX price forecast for 2023 expects a noticeable increase in the second half of the year, possibly u reaching $0.63. With collaborations and advancements, AGIX could potentially have a minimum value of $0.50 and an average of $0.59. The price target for 2024 foresees the price of AGIX exceeding $1.06.
The company mentioned in this article is SingularityNET, a blockchain-based platform that allows anyone to easily generate, share, and monetize AI services. Founded by Dr. Ben Goertzel and Dr. David Hanson, it is focused on developing innovative applications of artificial intelligence. Its vision is to build a full-stack AI platform for smarter economic collaboration between humans and machines.
The person mentioned in this article is Elon Musk, the CEO of Tesla, who has expressed interest in finding other ways to replicate OpenAI’s Chatbot ChatGPT that created a huge hype in the world of AI. He has reportedly hired Igor Babusckin from Google’s DeepMind AI team to aid in the collaboration between Musk and AI. Babusckin is expected to help Musk bring more AI projects under his belt.
In conclusion, AGIX could be potentially a very profitable crypto asset. While its progress has been lagging, with new collaborations and partnerships, it could still see a significant rise in the near future. However, investors should keep in mind the volatility of the crypto market and thus, predicting the value can be challenging. Thus, it’s important to stay informed and analyze the current situation thoroughly while investing.
