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The most profitable cryptocurrency in May is named
The cryptocurrency market did not please traders and investors in May, as the flagship cryptocurrency failed to continue its upward momentum, dropping in price. Among the top 100 digital assets, none managed to demonstrate significant growth.
The market leader was the SingularityNET (AGIX) cryptocurrency, which, thanks to the growth of quotations, returned to the top 100 and was in 95th place. The AGIX rate was fixed at $ 0.30. Over the past 7 days, the token has grown by 15.7%, and over 14 days — by 19.4%.
As for the market capitalization of AGIX, it is $ 368 million. At the same time, the token’s value is 84% lower than the historical price maximum reached in January 2018 at $ 1858.
According to cryptocurrency analysts, AGIX’s price chart is one of the most optimistic on the market, so investors should expect further growth of the token by 700% or more. According to BeInCrypto experts, the next goal for AGIX is to reach a historical high of $ 0.67.
As for SingularityNET, it is the first decentralized platform for AI applications built on the Cardano blockchain. The project was founded by Ben Herzl, a cognitive scientist and one of the leading experts in the field of AI research.