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Despite the broader cryptocurrency market experiencing losses in the previous days, several cryptos managed to break away from this pattern and post gains during the same period.
Finbold’s cryptocurrency market analysis has highlighted three digital assets that have caught attention because of recent price movements, increased investor interest, or outside events that influenced their price.
These selections present appealing investment opportunities for the upcoming week, particularly for investors seeking entry points below $1 per coin or token.
SingularityNet (AGIX) price
SingularityNET (AGIX) is a decentralized platform that democratizes access to Artificial Intelligence (AI) services. Employing blockchain technology it establishes a marketplace where individuals can create, share, and monetize AI services.
Considering the recent expansion that AI achieved and recent Nvidia (NASDAQ: NVDA) earnings that beat lofty analyst expectations, it is no wonder why AGIX is surging.
AGIX’s price has met and exceeded its anticipated cup and handle price target of $0.50, demonstrating strong bullish momentum. With this achievement, investors are now eyeing the possibility of AGIX reaching the $1 mark in the near future.
At the time of writing, SingularityNet price is trading at $0.71. Over the past 24 hours, it has seen a modest gain of 0.77%. However, its performance over the week has been notable, with gains reaching 92.62%, and over the month, it has surged impressively by 179.84%.
Siacoin (SC) digital asset
Siacoin (SC) is the currency used within the Sia network. Renters pay hosts in Siacoin to use their hard drive space, with hosts only receiving payment after verifying file storage. This is possible through “file contracts,” which establish terms such as price and uptime commitments.
The current SIA price trend indicates a robust upward momentum characterized by an uptrend. Notably, it has recently surpassed a resistance level and undergone a successful retest, indicating a potential continuation of the upward trajectory.
This SC price increase can be attributed to the February update from the Sia network, which underscores notable progress across various aspects, prioritizing stability, performance, and user experience. A key development involves the integration of RHP4 for the impending Utreexo hardfork, intending to enhance network efficiency and scalability.
At the time of press, Siacoin price was trading at $0.02. It has experienced a 12.21% increase in price over the past day, contributing to a 61.23% gain over the week and a 51.10% progress over the month.
Fetch.ai (FET) crypto price
Fetch.ai (FET) is a blockchain platform that leverages artificial intelligence to assist individuals in automating routine tasks, such as booking a parking space or flight reservations.
Over the weekend, tokens linked to AI, such as FET, experienced a significant surge in price following the launch of OpenAI’s revolutionary text-to-video generator, Sora.
Based on data from CoinGecko, AI-related tokens saw an impressive average rise of 7.7% on Sunday, February 18.
In a recent update by Rekt Capital on February 22, it is noted that the FET price has undergone its final dip, which lasted nearly two months, as indicated by the yellow circle on the chart. The chart suggests that the FET price is now poised to challenge its ultimate resistance level, potentially leading to new all-time highs and entering price discovery territory.
As of the current report, FET is priced at $1.10. Over the past 24 hours, it has incurred a decrease of -2.36%, contrasting with the impressive gains of 60.05% over the past week and 86.89% over the past month. It is important to note that FET recently achieved its new all-time high at $1.2.
These three cryptocurrencies have demonstrated significant potential recently, indicating a likelihood of sustaining their gains in the upcoming week. There is a possibility, particularly in the case of FET and AGIX, of achieving even higher all-time highs.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.