CandleFocus AI Tokens in Chopping Range: Can FET and AGIX Break Out?
2024-10-25
Author: Content Editor
The price of AI-linked cryptocurrencies like FET and AGIX is currently stagnant, with no clear direction. These coins experienced rapid price rises earlier in 2024, but are now struggling to break out of their sideways movement. Investor sentiment has cooled and many are waiting to see real-world applications before making further moves. The broader crypto market decline, inflation, regulatory uncertainty, and the early stages of AI blockchain projects have all contributed to this price stagnation. Despite this, FET.ai and SingularityNET are continuing to develop their technologies. In order to move beyond this range, AI coins will need market improvements, increased adoption, and potential catalysts such as real-world use cases. For now, traders are closely monitoring these projects for any potential breakthroughs.
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