The cryptocurrency market is witnessing a substantial resurgence because the starting of this 12 months. Many cryptocurrencies have been a part of the headline as a few of them reached their all-time highs. SingularityNET (AGIX) is amongst these surging cash however right now the explanation for it to be the speak of the city is completely different.
Lookonchain, an on-chain analytics platform, on February 24 reported that an early holder of AGIX shifted a considerable quantity of the tokens to Binance.
Millions of SingularityNET (AGIX) Moved
As per the evaluation, the whale transferred 11.8 million $AGIX (price $4.8 million) to the most important cryptocurrency exchange Binance.
In the next thread, Lookonchain talked about that the early holder withdrew 4.4M $AGI from EtherDelta from January 19 to March 18, 2018, and purchased round 12.4 Million tokens from Binance in the middle of 19 months (from Oct 23, 2018 to Apr 07, 2020).
Then in May 2021, the staff behind the venture introduced that the SingularityNET AGI token was laborious forked to $AGIX. At that point, many crypto exchanges gave their help for the transition of AGI to AGIX!
And this explicit holder claimed 17.26 Million tokens simply to re-stake them by means of 14 new addresses. Now, lastly, the whale made a transfer and claimed a part of the staking $AGIX and transferred to Binance right now, which was more likely to promote.
AGIX Token Price To Rise Above $0.50?
A 6.87% rise in SingularityNET (AGIX) worth previously 24 hours signifies that it’s benefiting from the widespread curiosity in AI-based coins. With a 151.32% surge in a month, the SingularityNET (AGIX) is the best-performing synthetic intelligence-based token to this point.
On February 24, SingularityNET (AGIX) token worth jumped to $0.4323, gaining 4.03% of its worth within the final hour. Since its all-time excessive of $1.86, the AI coin has dropped by 69.03%. It has been speculated that the present worth of SingularityNET (AGIX) may surge as much as $0.50 within the close to future.
Also Read: Top 5 AI Crypto Coins & Projects Ready To Skyrocket In 2023
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