Ascending Triangle target met and further upside to come.
A lot of the price data is missing because the blockchain had a hard fork over to smart contracts and switch to the Cardano blockchain , from Ethereum .
Issues with the Caradano smart contract functionality has delayed AGI launch.
Also, when Binance offers trading support for USDT & BUSD it will vastly improve liquidity.
Comment
⋅
The blockchai's principle project leader comes across as crazy guy and rumbles when he speaks. However, it makes me believe there must be something special about this blockchain tech, underpinning AI access on web3.
A project run by scientists and engineers as oppose to sales people.
The ATH was from the previous bull run and is about $0.95, we are roughly a 3x from there currently.
Also on Binance , AGI is not support by any other pair besides BTC . Once Binance supports a BUSD pair, we could see this blockchain moon.
Volume is quite low on KuCoin.
300m Mkt Cap with 1bn token supply. If the blockchain hits 10bn, it would be $10 per token. Dogecoin went to 86bn with a minimum use case.
This includes a lot of speculation and AGIX seems rather to keep bear trend; I feel their management is quite unfortunate with thei decisions, f.e. to create SDAO as an independent project instead of full integration into AGIX (was easier for them to get richer with SDAO Token) and no tranisition away from Ethereum: ERC20 is old, slow and expensive it has to be replaced!
The AGIX token was migrated to Cardano blockchain. I think it’s a good move.
SDAO I was not following in detail. It didn’t seem like the best idea to create value and functionality.
The founders/scientist are definitely eccentric people. I hope it means they make a technology breakthrough. Unfortunately, as you said , it is in a bear trend.
Tradermariano
⋅
@Tez8, at least as AGIX holder one can hope for a decent NuNet Airdrop (NTX)... also the crypto market could get some rationality and not pumping short term fashion projects