Fetch AI (FET) and SingularityNET (AGIX) have become the stars of today’s market session, drawing attention in the artificial intelligence (AI) sector. The driving force behind this extraordinary volatility may be linked to the recent listing announcement by OKX, the second-largest cryptocurrency exchange in the world.
The listing announcement by OKX allowed for instant spot trading for FET and AGIX altcoins on the platform, with trading pairs created against USDT. While AGIX showed an impressive 8% increase, FET gained over 10% and attracted attention.
OKX users immediately took advantage of the increasing momentum of these AI-focused tokens. This development is also seen as a significant progress in the AI sector of the cryptocurrency market.
FET and AGIX are currently ranked fifth and sixth in CoinMarketCap’s AI and big data-focused cryptocurrency rankings. FET has a market value of $458,472,286, while AGIX holds a leading position with a market value of $384,233,655. Both cryptocurrencies solidify their positions as important players in the AI-focused cryptocurrency market.
The rise experienced by FET and AGIX is promising for the future of the AI-focused cryptocurrency sector, which is currently valued at $9.79 billion. This increase can be attributed to the growing popularity and widespread acceptance of AI technologies such as ChatGPT and similar AI-focused platforms throughout the year.
The wave of growth seen in FET and AGIX is significant for AI-focused cryptocurrencies. It can be said that this potential has the power to reshape the narrative of the AI landscape.