.SingularityNET joins market uptrend amid sustained AI buzz
SingularityNET was designed as a platform that allows anybody to easily"create, share, and monetize" AI services, thanks to its globally-accessible AI marketplace. Since its inception, it has doubled down on this mission and remains one of the most observed AI tokens in the Web3.0 world today.
The current growth being observed can be attributed to a mixture of sentiment in the protocol, both as an AI token and by the broader positive momentum the market is experiencing. Since the news of the spot Bitcoin Exchange Traded Fund application by BlackRock, which has sparked a wave of new filings, the market has printed a steady recovery, pushing the combined market cap from a low of about $1.04 trillion to $1.18 trillion, where it is now.
SingularityNET has capitalized on this growth and the return of positivity within the Cardano ecosystem. Recall that the Cardano price recorded massive suppression earlier this month after it was
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