AGIX token pumps rapidly as Elon Musk talked about AIG

Elon Musk’s tweet acted as a catalyst to pump the AGIX token price.

AGIX token is an artificial intelligence (AI) focused Crypto project SingularityNET (AGIX). To this date, the AGIX token is available on Ethereum & Cardano blockchain networks.
The current trade price of the AGIX token is 7.64%, which is higher over the last 24 hours’ trade price.

A sudden peak in the AGIX token graph can be seen clearly, which appeared because of a tweet by Tesla CEO Elon Musk.

On 27 Feb 2023, Musk shared the danger of Artificial intelligence (AI), and also in that tweet he used the “AGI” word.

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But, all things considered with regard to AGI existential angst, I would prefer to be alive now to witness AGI than be alive in the past and not

— Elon Musk (@elonmusk) February 26, 2023

After that tweet, many rumors claimed that Musk wanted to create a ChatGPT competitor in association with the AGIX token but that was only imagination.

On 28 Feb 2023, An exclusive report surfaced in the Crypto Twitter community and confirmed that Musk has created a new AI research lab led by Igor Babushkin, a researcher who recently left Alphabet’s DeepMind AI. As per this report, Musk wants to bring ChatGPT’s best alternative.

Source: @nonmayorpete & @theinformation https://t.co/uTJmOSwVyA

— Rowan Cheung (@rowancheung) February 28, 2023

Earlier this, Musk noted that ChatGPT was censored & is not able to give a response to every question. According to Musk, AI can be misused to spread personal agendas which is a very common thing in politics.

What we need is TruthGPT

— Elon Musk (@elonmusk) February 17, 2023

All these things are showing that the majority of the crypto projects are focussing on Artificial intelligence (AI) related development works.
Over the last few weeks, many crypto projects jumped into the sector with the concept of AI chatbot. The recent popular AI concept based Crypto projects are CryptoGPT, GTP, etc.

Read also: Former YouTube Gaming head says we will see mass adoption of Web3 games

AGIX token pumps rapidly as Elon Musk talked about AIG

 

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