AI Crypto Project Built on Ethereum Surges 175% in Seven Days As Artificial Intelligence Hype Intensifies
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An artificial intelligence-focused crypto project is exploding amid an industry-wide boom in interest and adoption of AI technology. The Ethereum-based project SingularityNET (AGIX) has jumped from a low of $0.16 to a high of $0.44 in just one week – a 175% increase. SingularityNET is a blockchain-based marketplace for artificial intelligence services ranging from individual AI algorithms to standalone AI applications. The team behind the project says it’s working to build an ecosystem of projects to drive growth and token utilization in areas such as decentralized finance (DeFi), robotics, biotech, gaming, media and enterprise-level AI. The project has also announced a
Chinese artificial intelligence company DeepSeek, which has been on the world’s agenda in recent weeks, has announced its predictions about the maximum decline that major cryptocurrencies could experience this year. In its predictions, which are based entirely on hypothetical situations, DeepSeek focused on bear scenarios, as it asked for the…