SingularityNET (AGIX) is a blockchain-powered platform that allows anyone to easily “build, share, and monetize” Artificial Intelligence services. SingularityNET’s marketplace encourages users to browse, evaluate, and purchase AI services using SingularityNET’s native token, AGIX.
The SingularityNET team pioneered the evolution of Artificial Intelligence, which is known as Sophia, the most expensive robot in the world. SingularityNET’s goal is to enable Sophia to comprehend human language and consistently develop “OpenCog completely.” Open Cog is an Artificial Intelligence framework and a diverse grouping of cognitive algorithms, with each algorithm symbolizing their innovation.
If you are interested in the future of AGIX and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!
SingularityNET is a blockchain-powered platform that, through its globally accessible AI marketplace, enables anyone to easily “create, share, and monetize” AI services.
Users can browse, test, and purchase a wide range of AI services via the SingularityNET marketplace using the platform’s native utility token, AGIX. Furthermore, the marketplace provides an outlet for AI developers to publish and sell their AI tools, as well as easily track their performance.
The SingularityNET team pioneered the development of Sophia, the “world’s most expressive robot,” according to the company. SingularityNET’s goal is to enable Sophia to fully understand human language and to continue developing “OpenCog” — an AI framework that is hoped will eventually achieve “advanced general intelligence,” i.e. human-level intelligence.
SingularityNET is the first platform that allows developers to easily sell their AI tools and libraries and allows buyers to test any AI service provided on the marketplace before making a payment.
Furthermore, those who need specific AI services can access SingularityNET’s extensive community of AI specialists via the Request for AI portal (RFAI), which allows customers to easily commission a new AI tool while developers earn AGIX tokens by filling these requests.
The AGIX token’s utility has evolved alongside the development of the SingularityNET ecosystem. SingularityNET launched its SingularityNET Enhancement Proposal (SNEP) feature in October 2020, allowing AGIX holders to vote on changes to the network’s operations.
AGIX is an ERC-20 token, supported by the Ethereum PoW consensus algorithm and a battle-tested network of tens of thousands of nodes and miners. The Ethereum network has never been successfully attacked and is regarded as one of the most secure networks currently in operation.
SingularityNET’s team has hinted that it may move to another blockchain in the future, and it recently announced that it was investigating the possibility of launching on the delegated proof-of-stake (dPoS) Cardano blockchain.
A crypto analyst tweeted that the altcoin, AGIX has more room to pump which is giving more hope to hodlers.
According to CoinMarketCap, SingularityNET (AGIX) is hovering over $0.424 at the time of writing, with a total of 1,204,086,731 AGIX in circulation. AGIX has a 24-hour trading volume of $326,604,673, with a 108.88% increase. And during the past 24 hours, the price of AGIX increased by 3.57%.
The most popular exchanges to trade SingularityNET (AGIX) are Binance, KuCoin, Uniswap, CoinEx, and Bitrue. Let’s continue with our AGIX price research for 2023.
By market capitalization, AGIX ranks 81st on CoinMarketCap’s list of the biggest cryptocurrencies. Will SingularityNET’s most recent improvements, additions, and modifications help the AGIX price rise? First, let’s focus on the charts in this article’s AGIX price forecast.
SingularityNET (AGIX) Price Analysis – Keltner Channel
AGIX/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)
When volatility bands are positioned on either side of an asset’s price, it is possible to determine a trend with the help of the Keltner Channel. SingularityNET (AGIX) price can be predicted using the Keltner Channel indications for AGIX/USDT. The price is in the first half of the channel, meaning people are buying AGIX rather than selling. For a better risk-free scenario, we should wait for a downturn or a better entry point to improve the reward-to-risk ratio.
SingularityNET (AGIX) Price Analysis – Relative Strength Index
AGIX/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)
During uptrends, the RSI tends to remain more stable than during downtrends. It makes sense, considering that the RSI tracks gains and losses. During an uptrend, there are more significant gains, maintaining a higher RSI.In contrast, the RSI tends to linger at lower levels. The Relative Strength Index (RSI) is at the level of 62.08, indicating that sooner or later, it will reach the RSI level of 70 and is expected for a few price retracements soon.
SingularityNET (AGIX) Price Analysis – Moving Average
AGIX/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)
Above is a 1-Day SingularityNET (AGIX) 200-day and 50-day Moving Averages (MAs) chart. Looking at the chart above, AGIX is going bullish after a golden cross formed at the start of 2023. Moreover, the AGIX 50-day MA is above the 200-day MA (long-term), indicating that the market is bullish.
However, the distance between the two moving averages is getting wide after crossing, indicating that there is more place for the market to rise. For an excellent risk-to-reward ratio, it is better to wait for a few reversal patterns for crypto investors to lower the risk.
AGIX/USDT 1-Day Chart (Source: TradingView)
Looking at the daily chart of AGIX/USDT, the AGIX price was swinging from $0.1613 to $0.6637 within the past 30 days after going to its lowest of the month at $0.1613. Bouncing back from the support level, AGIX is now trading above the 200-MA after breaking out of it and trading above since the start of 2023.
Meanwhile, our long-term AGIX price prediction for 2023 is bullish if it cannot break the support level. We can expect AGIX to reach $3.27 this year.
SingularityNET (AGIX) Price – Resistance and Support Levels
AGIX/USDT 1-Day Chart (Source: TradingView)
The chart above shows that the price of AGIX has increased in the past few weeks. Moreover, at press time, AGIX has been up by 3.71% in the past 24 hours. Suppose this price increase is the initiative for the bull run. It might be breaking its $0.63432 resistance 1 level and increasing above $1.5.
If AGIX cannot break the $0.63432 resistance 1 level, the bears may seize control and dethrone AGIX to a downtrend stance. In simple terms, the price of AGIX might fall to almost $0.16546, indicating a negative signal from the previous support level.
There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect AGIX to trade at a price not below $7.135 by the end of 2024.
We should expect the price of AGIX to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, AGIX could end 2025 by trading at around $10.9410.
Since the maximum supply of AGIX is approached by 2026, the bearish market that follows a solid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of AGIX could break the usual trend and trade at $14.5 by the end of 2026.
Investors expect a bullish run next year, 2028, due to Bitcoin halving. Hence, the price of AGIX could consolidate on the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, AGIX could trade at $18.19 by the end of 2027.
In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. SingularityNET (AGIX) could hit $21.81 by the end of 2028.
By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of AGIX to $25.4423 by the end of 2029.
The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of SingularityNET (AGIX) to trade at around $29.06 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.
According to our long-term AGIX price estimate, AGIX prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $69 by 2040. If the market turns bullish, the price of AGIX could go up beyond what we predicted for 2040.
According to our AGIX forecast, the average price of AGIX in 2050 might be above $153. If more investors are drawn to AGIX between these years, the price of AGIX in 2050 could be far higher than our projection.
AGIX might reach $3 in 2023 and $29 by 2030 if investors decide that AGIX is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
What is SingularityNET (AGIX)? SingularityNET is a blockchain-powered platform that, through its globally accessible AI marketplace, enables anyone to easily “create, share, and monetize” AI services.Users can browse, test, and purchase a wide range of AI services via the SingularityNET marketplace using the platform’s native utility token, AGIX. Furthermore, the marketplace provides an outlet for AI developers to publish and sell their AI tools, as well as easily track their performance.The SingularityNET team pioneered the development of Sophia, the “world’s most expressive robot,” according to the company. SingularityNET’s goal is to enable Sophia to fully understand human language and to continue developing “OpenCog” — an AI framework that is hoped will eventually achieve “advanced general intelligence,” i.e. human-level intelligence.
How to buy AGIX tokens? AGIX can be traded on many exchanges like other digital assets in the crypto world. Binance, KuCoin, Uniswap, CoinEx, and Bitrue are currently the most popular cryptocurrency exchanges for trading AGIX.
Will AGIX surpass its current ATH? Since AGIX provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2023. Notably, AGIX has a high possibility of surpassing its current ATH in 2024.
Can AGIX reach $10 soon? AGIX is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, AGIX might break through $5 and reach as high as $10. Of course, if the current market favoring crypto continues, it will likely happen.
Is AGIX a good investment in 2023? AGIX is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that AGIX is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.
What Is the lowest price of AGIX? The lowest AGIX price is $0.007497, attained on March 13, 2020, according to CoinMarketCap.
Which year was AGIX launched? AGIX was launched in 2018.
Who are the co-founders of AGIX? Dr. Ben Goertzel co-founded AGIX.
What is the maximum supply of AGIX? The maximum supply of AGIX is 2,000,000,000 AGIX.
How do I store AGIX? AGIX can be stored in a cold wallet, hot wallet, or exchange wallet.
What will be the AGIX price in 2023? AGIX price is expected to reach $3 by 2023.
What will be the AGIX price in 2024? AGIX price is expected to reach $7.315 by 2024.
What will be the AGIX price in 2025? AGIX price is expected to reach $10.9410 by 2025.
What will be the AGIX price in 2026? AGIX price is expected to reach $14.5 by 2026.
What will be the AGIX price in 2027? AGIX price is expected to reach $18.19 by 2027.
What will be the AGIX price in 2028? AGIX price is expected to reach $21.81 by 2028.
What will be the AGIX price in 2029? AGIX price is expected to reach $25.88 by 2029.
What will be the AGIX price in 2030? AGIX price is expected to reach $29.06 by 2030.
What will be the AGIX price in 2040? AGIX price is expected to reach $69 by 2040.
What will be the AGIX price in 2050? AGIX price is expected to reach $153 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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Source: Cryptocurrency - investing.com
