• AGIX price has seen an impressive rally of 300% to trade at $0.1895 at the time of writing.
• Attention has shifted to AI-related crypto projects such as SingularityNET (AGIX) after Microsoft announced its intent to invest huge sums of money in OpenAI.
• Blockchain projects developing artificial intelligence solutions have been at the focal point of investor interest lately, with tokens like Fetch.ia, VeChain, DeepBrain Chain and Ocean Protocol reaping big as investors rush to book positions.
The value of the AGIX token has seen a remarkable surge in recent weeks, with its price rising by nearly 300% to trade at $0.1895 at the time of writing. This surge in value has been largely driven by the increased attention surrounding AI tools such as ChatGPT, which have sparked interest in the blockchain-based artificial intelligence sector of the crypto economy.
Investors have been particularly drawn to AI-related crypto projects, with SingularityNET (AGIX) standing out amongst them. As a result, the trading volume for AGIX remains relatively high with around $78 million coming in over the last 74 hours. This surge in attention has seen other tokens such as Fetch.ia, VeChain, DeepBrain Chain and Ocean Protocol all benefit, with investors rushing to book positions in anticipation of further bullish projections for the sector.
The increased attention surrounding AI-related blockchain projects is largely due to Microsoft Corporation’s plans to invest at least $10 billion in OpenAI, the startup building the popular search tool ChatGPT. This announcement has had a large impact on the performance of AGIX and other tokens as investors anticipate further developments in the AI space.
Overall, the performance of AGIX and other tokens in the AI-related blockchain sector has been impressive in recent weeks, with investors keen to get in early on the potential of this growing sector. With Microsoft’s plans to invest in OpenAI and the continued attention surrounding ChatGPT, the future of the AI-related blockchain sector looks bright.