OKX, a prominent crypto exchange, has recently announced the listing of two artificial intelligence (AI) related crypto tokens on its spot market. The two tokens to be listed are Fetch.ai (FET) and SingularityNET (AGIX), both of which are leading AI tokens. According to the information provided by OKX, the listing will take place on November 24 at 10am UTC.
The announcement of the listing of FET and AGIX comes at a time when the prices of these tokens have been surging. Fetch.ai, an Ethereum-based token powered by artificial intelligence to support a decentralized internet economy, has seen its price surge by more than 10% after OKX’s announcement. The cumulative gains over the past 30 days for FET are at an impressive 99%. Similarly, the price of SingularityNET (AGIX) has also been on the rise, with a 9% increase in the past 24 hours. AGIX/USD has soared nearly 50% in the past month and is more than 600% up since its low in November 2022. The SingularityNET network also uses artificial intelligence to power its decentralized AI marketplace.
The rally in the prices of Fetch.ai and SingularityNET tokens is attributed to the growing positive narrative around AI, with mainstream forecasts by companies such as Nvidia, Meta, and Microsoft adding to the bullish outlook. The listing on OKX is expected to further enhance the visibility of these tokens and could potentially lead to further upside momentum as the crypto market eyes the next bull run.
In addition to Fetch.ai and SingularityNET tokens, OKX has also recently listed Pyth Network (PYTH) on its spot and perpetual markets. PYTH has seen a 25% increase in the past 24 hours, adding to the buzz around new listings on OKX.
The listing of these AI-related crypto tokens on OKX is a significant development for the crypto market, as it further diversifies the offerings available for traders and investors. With the growing interest in AI and its applications, the addition of FET and AGIX to OKX’s spot market is expected to attract attention from both retail and institutional investors. The surge in prices for these tokens and the positive outlook for the AI market indicate the growing potential for these innovative projects.
As the crypto market continues to evolve and expand, the listing of AI-related tokens on platforms like OKX marks an important step towards the integration of cutting-edge technologies and advanced investment opportunities. With this latest move, OKX demonstrates its commitment to providing its users with access to the latest and most promising projects in the crypto space.