The cryptocurrency market is having a relatively quiet day today. However, the leading cryptocurrency Bitcoin and the leading altcoin Ethereum continue to move in the green zone. Meanwhile, some altcoins that are on the list of leading crypto exchanges are impressive with their performance. One of them was undoubtedly BLUR, which entered Binance’s list. In addition, two artificial intelligence coins that entered the list of the giant Bitcoin exchange OKX also made a splash. Altcoin prices saw an increase of over 10 percent.
OKX, FET and AGIX started trading, altcoin prices jumped!
As you follow from Kriptokoin.com, the market is leaving the Binance and former CEO Changpeng Zhao drama behind. Although there was a shock at first, the market managed to recover in a short time. Now he continues on his way with confident steps. Amid these developments, leading Bitcoin exchange OKX announced that it has launched trading for two altcoins. These are Fetch_ai (FET) and SingularityNET (AGIX), the leading AI coins in their field. In this regard, OKX made the following announcement:
New listing. Spot trading now available for Fetch.ai (FET) and SingularityNET (AGIX)
https://twitter.com/okx/status/1727991721470886333
Following the listing announcement, both altcoin prices started to rise. AGIX price, which was around $0.278 during the day, rose to $0.31 after the news. The token, which later gave back some of its gains, still remains above $0.30. At the time of writing, AGIX is trading up nearly 10% on a daily basis.
AGIX daily price chart. Source: CoinMarketCapAnother altcoin, FET, also made a similar move. The FET price, which was around $0.497 during the day, rose to $0.566 after the news. The token, which later gave back some of its gains, still remains above $0.54. At the time of writing, FET is trading up nearly 10% on a daily basis.
FET daily price chart. Source: CoinMarketCapFET and AGIX price performance and the AI narrative
Fetch.AI is an Ethereum-based altcoin project powered by artificial intelligence to power a decentralized internet economy. FET’s total supply is 1,152,997,575 tokens. FET’s cumulative gain in the last 30 days is a very satisfactory rate of 99%. The SingularityNET network is also using AI to power the decentralized AI market. AGIX, on the other hand, rose nearly 50% last month. Additionally, the token is up more than 600% since its November 2022 low.
Fetch.ai and SingularityNET prices have risen along with the increasingly positive narrative around AI, with mainstream forecasts from companies like Nvidia, Meta, and Microsoft contributing to the bullish outlook. Getting on OKX’s list increases the visibility of altcoin projects. Therefore, according to experts, it is possible that the upward momentum will increase further as the market blinks towards the next bull market. Another token that rose this week was Pyth Network (PYTH). The reason behind the rise of this token is its entry into OKX’s list on November 20.
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