Introduction to the total issuance volume and online exchanges of AGIX coin

In the rapidly evolving AI crypto space, the AGIX token, with its high issuance volume and active trading on major exchanges, offers investors potential opportunities for capital gains fueled by rising interest in AI technologies.

Oct 07, 2024 at 06:24 pm

Understanding the AGIX Token and Its Exchange Volume

1. Introduction

SingularityNET (AGIX) is a decentralized platform for artificial intelligence (AI) services. The platform enables the creation, sharing, and monetization of AI algorithms and models. The AGIX token is the native cryptocurrency of the SingularityNET ecosystem.

2. AGIX Coin Issuance Volume

As of June 2023, the total issuance volume for AGIX is 1,000,000,000 tokens. The distribution of these tokens is as follows:

• Public sale: 50%
• Team and advisors: 20%
• Foundation: 15%
• Ecosystem development: 10%
• Research and development: 5%

3. AGIX Coin Trading Volume

AGIX is currently traded on several cryptocurrency exchanges. The top exchanges by trading volume in the past 24 hours are:

1. Binance
2. Huobi
3. Coinbase Pro
4. KuCoin
5. Gate.io

4. Exchange Volume Dynamics

The trading volume of AGIX has fluctuated significantly in recent months. Following the initial coin offering (ICO) in 2018, the trading volume surged to a high of over $200 million in early 2019. However, it subsequently declined and remained relatively low until the summer of 2021.

In July 2021, the AGIX price experienced a sharp surge, driven by increased interest in AI and the growing popularity of decentralized finance (DeFi). The trading volume also jumped significantly, reaching over $1 billion in a single day.

5. Factors Influencing AGIX Exchange Volume

Several factors can influence the trading volume of AGIX, including:

• Overall market sentiment towards cryptocurrencies
• News and developments surrounding AI and SingularityNET
• Speculation and FOMO
• Tokenomics and supply and demand dynamics

Conclusion

AGIX coin has a significant issuance volume and is traded on various exchanges. The trading volume of AGIX has been dynamic, influenced by a combination of factors. By understanding these factors, investors can make more informed decisions when trading AGIX.