What is SingularityNET And Why Is Its AGIX Token Exploding By 116%?

What is SingularityNET And Why Is Its AGIX Token Exploding By 116%?
The popularity of artificial intelligence applications has been growing as popular platforms like SingularityNET and ChatGPT become mainstream. With Microsoft investing $10 billion on ChatGPT, we should expect AI applications to become more mainstream in the next few years.  AGIX, the native token of the SingularityNET, is capitalizing on this as it tallied huge gains since the start of 2023. According to CoinGecko, the token is up 116% in the past week (at the time of writing, Friday) with the biggest gains made at the bi-weekly time frame at 360%.  Related Reading: HNT Balloons As Token Gets 36% More Helium In Run-Up To Network Migration What Is SingularityNET? SingularityNET is the first decentralized AI market that is built on top of the Cardano blockchain. The project was founded by Dr. Ben Goertzel, a cognitive scientist and one of the leading figures in AI research. The project is set to create an AGI or an artificial general intelligence.  Image: SingularityNET/Twitter As of writing, the SingularityNET ecosystem comprises 13 protocols that are either being built or are already deployed as a full-fledged com ..

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