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Bitcoin and altcoin markets are going through a lively period. There is a search among investors for which cryptocurrencies to enter. There are three altcoins that you can consider for your crypto basket next week. Let’s take a look at their price levels and the trajectories of the cryptocurrencies.
Altcoin AGIX
Our first cryptocurrency is altcoin AGIX. SingularityNET (AGIX) is a platform that offers decentralized access to artificial intelligence services. Thanks to blockchain technology, it becomes possible for individuals to create, share, and trade AI services. The rise of AGIX is linked to the expansion in the AI field and Nvidia’s earnings exceeding expectations.
The price of altcoin AGIX is showing strong upward momentum, surpassing the $0.50 cup and handle price target. Investors are now optimistic that AGIX could reach the $1 mark in the near future. Currently, the SingularityNet price is trading at $0.73, with a gain of 0.77% in the last 24 hours. However, its weekly performance is notably up by 92.62% and has increased by 179.84% over the month, making it stand out.
Siacoin (SC)
The cryptocurrency market has recently experienced significant volatility in cryptocurrencies like Siacoin (SC). This week, particularly the Sia network update and the rise of AI-focused tokens have attracted investors’ attention. Altcoin Siacoin has achieved a significant rise today, with the price reaching $0.019.
Siacoin (SC) is known as a currency used within the Sia network. The Sia network, a file storage and sharing platform, offers its users a secure and affordable data storage solution. Recently, the price of Siacoin has shown strong momentum in its upward trend. The rise is backed by updates to the Sia network and factors such as the integration of the Utreexo hardfork.
Fetch.ai (FET)
Altcoin Fetch.ai (FET) is known as an AI-based blockchain platform that combines automation and smart contracts. With the launch of OpenAI’s text-to-video creation app named Sora, there has been a significant increase in AI-related tokens. The price of FET has resumed its rise after a recent correction and carries the potential to reach all-time highs. However, the possibility of a short-term correction should not be overlooked.
All three cryptocurrencies show significant potential and this situation points to the possibility of sustaining their gains in the near future. If you are creating a basket next week, you can make your own assessment for these cryptocurrencies.
