The SingularityNet Prize sinks by 25 %in a week, some dealers believe that Ypredict could be the next big AI cryptocurrency
The cryptoma market experienced a significant correction, although the Federal Reserve suspended the interest rate increases. Since the step was already priced, the global crypto upper limit shrank 3 %within 24 hours. The SingularityNet token also suffered a difficult blow and slipped by over 8 % within 24 hours. Despite Agix's difficulties, several new AI-based tokens show promising dynamics. The AI analysis platform Ypredict is continuing in advance and the token brought in over $ 2.3 million. Meanwhile, the AI-based meme generation token AIDOGE is also supported for big things, since it is to be introduced on the stock exchanges on June 19. The …

The SingularityNet Prize sinks by 25 %in a week, some dealers believe that Ypredict could be the next big AI cryptocurrency
The cryptom market experienced a significant correction, although the Federal Reserve suspended the interest rate increases. Since the step was already priced, the global crypto upper limit shrank 3 %within 24 hours. The SingularityNet token also suffered a severe blow and slipped by over 8 % within 24 hours.
Despite Agix's difficulties, several new AI-based tokens show promising dynamics. The AI analysis platform Ypredict is continuing in advance and the token brought in over $ 2.3 million. Meanwhile, the AI-based meme generation token AIDOGE is also supported for great things because it is to be introduced on June 19th.
The SingularityNet Prize breaks down due to the extreme baisse of the market. When can he recover?
Singularitynet (Agix) has made a name for itself as one of the leading AI-based crypto projects. The project aims to build a decentralized marketplace for artificial intelligence, on the user to create their own AI projects and monetize them. It also has the courageous vision of building its own artificial general intelligence, a progressive model that can perform any intellectual task that a human brain can master.
Nevertheless, the high benefit of the project is not sufficient to counteract the enormous sales pressure in the cryptom market. In view of the cooling inflation, the Federal Reserve announced a break during interest increases. However, this decision was generally expected and was probably already pronounced.
Although Fed chairman Jerome Powell initially paused the interest rate increases, he mentioned the likelihood of two other interest rate increases before the end of the year. The market reacted poorly to this restrictive mood and Bitcoin fell below the $ 25,000 mark. The old coins reflected the price movement of BTC, with Ethereum corrected by over 6 % within a few hours.
The AGIX price has also fallen by over 8 % in the last 24 hours and is currently being traded at $ 0.189.