Cardano

SingularityNET

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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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SingularityNET's AGIX token has emerged today as a beacon of green amid a sea of red on the crypto market. Over the course of the day, the Cardano-based token has soared by over 9%, catapulting to the forefront of the crypto market's top performers. 
<img alt data-entity-type="file" data-entity-uuid="450bf546-f571-4e8d-b3be-f6468db95658" src="https://u.today/sites/default/files/inline-images/AGIX_1D_graph_coinmarketcap_1.jpeg">AGIX to USD by <a href="https://coinmarketcap.com/currencies/singularitynet/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
The driving force behind this unprecedented surge can be traced back to Nvidia's groundbreaking quarterly report, unveiled after the closing bell on the U.S. stock market. A true pioneer in the realm of artificial intelligence, Nvidia's earnings report left the market in awe. 
Thus, the tech giant disclosed impressive earnings of $2.70 per share, coupled with a staggering revenue of $13.51 billion. The company's bullish outlook continued as Nvidia revealed its projection of third-quarter sales reaching a towering $16 billion, a figure significantly surpassing the anticipated $12.5 billion forecast by analysts. Adding to the fervor, <a href="https://u.today/tech-giant-nvidia-says-crypto-adds-zero-benefits-to-the-world" rel="noopener noreferrer nofollow">Nvidia</a> disclosed its ambitious $25 billion share buyback plan. 
This seismic positive shift cascaded throughout the AI-centric cryptocurrency sector, further amplified by the 24/7 trading nature of the crypto market. AGIX and its peers in the AI domain swiftly entered the spotlight, igniting investor enthusiasm. 
<h2 id="year-of-agi-x">Year of AGI(X)</h2> 
Against the backdrop of artificial intelligence's rapid mainstream integration, <a href="https://u.today/cardano-linked-singularitynet-agix-up-7-heres-why" rel="noopener noreferrer nofollow">SingularityNET</a> has undeniably seized the limelight in 2023's crypto market landscape. Bolstered by a masterful narrative, AGIX has witnessed an astronomic ascent of 1,372% since the start of the year. As previously highlighted by U.Today, SingularityNET functions as a decentralized AI service marketplace, with the aim of bolstering interoperability across <a href="https://u.today/cardanos-hoskinson-says-sec-not-coming-after-ada" rel="noopener noreferrer nofollow">Cardano</a> and <a href="https://u.today/whales-scoop-up-94-million-in-eth-in-just-one-week" rel="noopener noreferrer nofollow">Ethereum</a>.

Cardano's AI Gem AGIX Shines Green in Sea of Red: Here's Main Reason Why

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