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Worldcoin and SingularityNET surge, whales drawn to new presale coin

Partner Content
Worldcoin and SingularityNET surge, whales drawn to new presale coin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The crypto-AI boom continues to surge as Worldcoin (WLD) and SingularityNET (AGIX) soar 37% and 52% this week. But as large-cap AI tokens take off, traders eagerly seek newer, low-market cap alternatives. One project showing immense potential is Scotty the AI, which recently surpassed the $750K mark at presale.

WLD and AGIX soar

AI cryptos are experiencing immense demand as GPU manufacturer Nvidia thrives in the stock market, and global asset manager VanEck publishes a bullish report into crypto-AI projects.

The recent frenzy of momentum is evident in Worldcoin’s price, which is up 37% this week and 289% this month. 

Meanwhile, it holds the 10th largest 24-hour trading volume at $705 million, while its market cap is just the 66th largest. This discrepancy illustrates massive interest in the asset.

Worldcoin’s price chart was forging an ascending megaphone pattern, which is typically bullish.

It broke to the downside last month but quickly reclaimed the support before rallying.

Given that a rising megaphone pattern is already bullish, the rapid breakout reflects massive interest from buyers.

Worldcoin and SingularityNET surge, whales drawn to new presale coin - 1

Meanwhile, SingularityNET has enjoyed a similar bullish trajectory, up 52% this week and 183% this month. Its 24-hour trading volume is the 39th largest at $198 million, while its market cap is the 80th largest.

The AGIX price chart shows a decisive break above its $0.583 resistance level, with eleven of the last thirteen daily candles being green. 

Worldcoin and SingularityNET surge, whales drawn to new presale coin - 2

While AI is not a new phenomenon, the latest round of AI trading activity is spurred on by chip maker Nvidia’s resounding stock market performance.

It recently hit a $2 trillion valuation, overtaking Amazon and Alphabet to become the third-largest United States company.

Market analyst Overdose anticipates that high-networth players will “make billions out of AI-related companies like NVIDIA and OPENAI,” enabling AI-related cryptos to also surge.

Meanwhile, global asset manager VanEck added to the crypto-AI hype with a report on Feb. 14, forecasting crypto-AI revenues to reach $10.2 billion by 2030.

It also noted a bull case of $51 billion.

Worldcoin and SingularityNET surge, whales drawn to new presale coin - 3

The projection was analyzed by many top crypto accounts on X, with Metaquant highlighting VanEck’s bull case of $51 billion is over twice the current market cap of the entire crypto-AI sector.

Evidently, the crypto-AI boom is seemingly just getting started. 

With this in mind, traders face a monumental buying opportunity in the trend’s infancy.

One new project gathering pace is Scotty the AI, a blockchain security protocol masked behind a meme coin mascot.

Scotty hits $750k at presale

At the frontier of blockchain innovation, Scotty the AI protects the crypto realm from bad actors and advanced exploit attempts using AI.

However, Scotty understands the crypto community, tapping into its memetic cultural undertones for deep-rooted resonance.

As a new whippersnapper protocol, Scotty employs the latest AI technologies, enabling him to analyze “complex algorithms and code with ease, spotting patterns and anomalies that even the most skilled human programmers would miss.”

Worldcoin and SingularityNET surge, whales drawn to new presale coin - 4

Meanwhile, his ability to “sift through vast amounts of data in seconds, searching for clues and connections” makes him the ultimate crypto companion and on-chain sleuth.

In a bid to incentivize the community, Scotty the AI has launched a staking feature, with 346,913,578 SCOTTY allocated to rewards. As per its website, there is a total supply of 1,734,567,890 tokens.

Another 520,370,637 tokens are allocated to the presale, 520,370,367 to ecosystem development, 173,456,789 to exchange listings and 173,456,789 to marketing.

Currently, users can garner a 147% staking APY, but this will decrease as the staking pool grows.

To further reward early adopters, Scotty the AI’s presale price will incrementally increase as the event advances. 

The current SCOTTY price is $0.00605, but this will increase in nine days.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.