Despite Bitcoin (BTC), artificial intelligence projects, which gained serious value in the last week, attracted the attention of investors.
The ongoing accumulative process in BTC has increased the selling trend in altcoins. While many altcoins are testing recent support levels, the rise of AI-related coins has resonated in the market. The last 7-day performance of Fetch.Ai (FET) and SingularityNET (AGIX), one of the leading names of artificial intelligence projects, surpassed other altcoins.
They Stoned Other Altcoins
The fact that AGIX increased by 43% in the last week and FET by 25% in the last week left both BTC and other altcoins behind. Artificial intelligence coins, which had lost popularity for a while, came to the fore again, gaining strength from the recent rise of FET and AGIX.
Artificial intelligence technology, which has started to be used not only in the crypto industry, but also in many areas of the world, is also reflected in cryptocurrencies. While almost the entire altcoin market remained stable, artificial intelligence-oriented coins came to the fore. Despite the fact that BTC is not in a good position yet, the expectation from the increasing artificial intelligence coins seems great.
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