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The price of SingularityNET has increased by 25% in the last 24 hours To trade at $0.6853 As of 03:36 AM EST, trading volume had jumped 148% to $278 million.
This comes as chipmaker NVIDIA became the world’s most valuable company after its stock price rose to an all-time high (ATH) on June 18. The company is now valued at $3.34 trillion, with that price nearly doubling since the beginning of this year. year.
The company’s rise is attributed to high demand for its chips from technology giants such as Microsoft, Meta, and Google, as their graphics processing units (GPUs) are integral to the development of… artificial intelligence (Amnesty International).
SingularityNET price is preparing for a bullish rally above the bullish flag
The price of SingularityNET saw a significant rise in 2024, as the price of SingularityNET rose during the tokenization phase to reach an ATH on March 10 of $1.46. However, the price of AGX has yet to regain that high, as the token has fallen 54% from ATH, according to data from GeckoTerminal Offers.
AGX is trading within the bullish flag, as bulls aim to take advantage of the pattern to organize a bullish rally to push the token to a new ATH.
The SingularityNET token is trading below the 50-day and 200-day simple moving averages (SMAs), which coincides with a slight bounce below the lower limit of the pennant.
Moreover, the Relative Strength Index (RSI) is also rebounding from the oversold level of 30 as it closes at the mid-line level of 50, and is currently trading at 45, a sign that bullish investors are taking advantage of the recent price pullback into the buyback phase.
SingularityNET price prediction
SingularityNET price analysis shows a bullish bias, as investors take advantage of the strong bullish outlook set to push the token to a new ATH above a bullish pennant pattern, targeting $1.55.
However, if the bears continue to exert pressure, $0.50 provides a favorable cushion against bearish pressure.
Meanwhile, some investors are rushing to another AI alternative, WienerAI, a project that merges AI and blockchain technology. It has already secured over $6 million in funding in its blockbuster prequel.
According to YouTube channel 99Bitcoins, the $WAI token will likely rise by 100X after its launch.
WienerAI pre-sales have risen to over $6 million
Same angle Winner AI (WAI) It is set to launch an artificial intelligence-powered cryptocurrency trading bot, sparking interest from investors.
The trading bot will use predictive technology and an easy-to-use interface to give token holders advice on when to buy and sell cryptocurrencies.
More Wieners every day – our WienerAI family is growing fast! 🐾
More owners = more excitement for our launch!
Are you ready to join the pack? 🌭🚀 pic.twitter.com/TPFpsjLGFX
– WienerDogAI (@WienerDogAI) June 13, 2024
Such an innovative tool, combined with WAI’s adorable wiener dog mascot, makes the token a strong contender to compete with $CORGI, $TURBO, and $GROK in the AI-powered meme coin rankings.
More than just a robot – WienerAI is your perfect cryptocurrency trading companion.
We’re excited to share some sneak peeks with our amazing and supportive community. (1/4) pic.twitter.com/kR8ypeJycj
– WienerDogAI (@WienerDogAI) June 11, 2024
Token holders can also earn passively The platform’s staking systemwhich provides an annual yield (APY) of 189%.
You can be part of the pre-sale by purchasing WAI tokens for $0.00072 each. But hurry because the price will go up in just over a day.
Buy WAI tokens on the official website here Using ETH, BNB, USDT, or a bank card.
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