Mistahuddy

AGI teasing a bullish breakout from a rising channel

Long
BINANCE:AGIBTC   None
Also posted a similar chart in the AGIUSD pair. AGI has been trending upwards nicely in this rising channel making 20% ish gains (USD) after periods of consolidation. It is currently teasing a breakout from this channel, which if it manages could push the price up to around 1070 sats . If it falls back into the channel it will likely proceed as it has the last couple weeks and consolidate, this would be a good time to buy in the red zone where it will move back up to the top of the channel around 885 sats. I've been holding this one a while and plan to hold it a lot longer. Strong team, and amazing unique idea.

A quick summary of the project: The founder Ben Goertzl has been in the AI space a long time and is well known in the space. His vision of Singularitynet is a benelovent AI that is democratically created and regulated through blockchain tech. They are creating a marketplace for any AI developers to share content or even AI agents doing this automatically. Their code is already the brains for Sophia, the robot with citizenship created by Hanson robotics who is one of their partners. Cardanos platform will help solve latency issues any other problems experience with ETH network such as gas fees. They are a VIP partner with Cardano and will even share some office space. AGI has multiple big partnerships such as for smart cities with CISCO in Saudi Arabia. Sounds like they have big plans with Cardano as well but not sure exactly what. The more partnership and users on their platform the better and more value they create. They also have some spin offs such as SingDao which will be a Defi platform and will benefit AGI stakers for sure

This is all my own opinion of course so do your own due diligence
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