AI tokens rise with Nvidia, AGIX and RNDR outperform Bitcoin

After AI chip giant Nvidia surpassed Microsoft to become the world's most valuable company, AI-related tokens in the cryptocurrency market have also surged. Fetch.ai (FET) and SingularityNET (AGIX) have seen a nearly 25% increase in the past 24 hours. While blue-chip coins like Bitcoin and Ethereum are consolidating, AI tokens are performing well.

AI chip giant Nvidia officially split its stock last week, and its stock price continues to rise, surpassing Microsoft in market value on 6/18, claiming the top spot in global market value.

Currently, funds in the market are flowing into AI-related stocks. While blue-chip cryptocurrencies like Bitcoin and Ethereum are consolidating, AI coins are showing relatively impressive performances.

In March, three companies focusing on blockchain + AI development, including SingularityNET AGIX, Fetch.ai FET, and Ocean Protocol OCEAN, decided to merge their cryptocurrencies to jointly develop a decentralized AI platform. The fully diluted valuation of the token is estimated at $7.5 billion. The three platforms will continue to operate as independent entities but will collaborate under the guidance of the "Super Intelligent Collective" led by SingularityNET founder Ben Goertzel.

SingularityNET was founded as early as 2017 and is led by Dr. Ben Goertzel, one of the most important experts in the AGI field.

The AI trend continues, and what is the AI concept cryptocurrency SingularityNET AGIX?

The AI veteran project Render Network RNDR also saw a remarkable increase, with a one-year increase of up to 272%. During the same period, AGIX rose by 178%, both outperforming blue-chip cryptocurrencies Bitcoin, which rose by 130%, and Ethereum, which rose by 99%.

The AI veteran project Render Network RNDR caught the wave and upgraded to the Solana network.