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Fetch AI (FET) and SingularityNET (AGIX) have attracted attention in the artificial intelligence (AI) sector, emerging as the stars of today’s market session. The catalyst behind this extraordinary volatility could be linked to the recent listing announcement by OKX, currently the second largest cryptocurrency exchange in the world.
OKX Listing Boosts AGIX and FET
The listing announcement by OKX opened the door for instant spot trading for altcoins FET and AGIX on the platform, creating trading pairs against USDT. While AGIX showed an impressive daily increase of 8%, FET stood out with a significant gain of over 10%.
OKX users immediately benefited from the rising momentum of these AI-focused tokens. This development also signifies an important advancement in the AI sector of the cryptocurrency market.
FET and AGIX Strengthen Their Positions in the AI Crypto Rankings
FET and AGIX currently rank fifth and sixth in CoinMarketCap’s AI and big data-focused cryptocurrency rankings. FET has a market value of $458,472,286.
On the other hand, AGIX holds a leading position with a market value of $384,233,655. Both cryptocurrencies solidify their positions as key players in the AI-focused cryptocurrency market.
AI Crypto Sector Reaches a Value of $9.79 Billion
The increase witnessed by FET and AGIX brings hope for the future of the AI-focused cryptocurrency sector, which currently has a value of $9.79 billion. This rise can be attributed to the growing popularity and widespread adoption of AI technologies throughout the year, such as ChatGPT and similar AI-focused platforms.
The interest in AI technologies has transformed into increased market enthusiasm for assets bearing the AI prefix. This significant surge in the valuation of AI-related technologies and assets is a direct result of the growing recognition and usage of AI services.
We can say that the rising wave of FET and AGIX holds significance for AI-focused cryptocurrencies. This potential has the power to reshape the narrative surrounding the AI landscape.
