SingularityDAO (SDAO) Surges Over 105% Within A Week
- SingularityDAO (SDAO) has surged over 105% within 7 days.
- It is a decentralized, blockchain-based organization.
- SingularityDAO focuses on AI-driven investment portfolios.
The trend of the crypto market has boosted many altcoins in the industry and the market witnesses new altcoins every week. Significantly, there are enormous platforms which use blockchain-technology for security and faster access. On the other-hand, there’s been growth in merging artificial intelligence and decentralized finance. Besides, most of these platforms create their own native-token which results in a rise in the number of cryptocurrencies.
Along with cryptocurrencies, NFTs and DeFi have also surged in value and have captured its place. Some crypto-assets have experienced rise and some experienced downtrend, still the crypto industry attracts investors. Similarly, SingularityDAO surged over 105% within a week following its new AI-driven projects for the DeFi sector..
SingularityDAO is a decentralised, blockchain-based organisation whose primary goal is to govern DynaSets, which are diversified baskets of cryptocurrency assets that are dynamically managed by AI. The SingularityDAO token grants voting power in SingularityDAO (SDAO).
Current Market Status
At the time of writing, the trading price of SDAO is $4.27 with a trading volume of $8,814,685 in the last 24-hours. According to Coingecko, the price value has climbed over 105% in a week and 14.7% up in a day.
The chart depicts a bullish signal for the past week. With the 30-days statistics, the price chart shows over 198% surge and 14-day chart displays 134% rise. The current circulating supply of SDAO coins is 20,144,363. It can be traded in top exchanges like Gate.io, Uniswap (V3), Uniswap (V2), 1inch Exchange, and Decoin.
AI-Driven Products For DeFi Sector
The SingularityDAO focuses on AI-driven products for the Defi sector. As the world is towards digital, most entities are integrating digitally connected sources into the ecosystem. Whereas, DeFi and Artificial intelligence are growing in terms of adoption and popularity. Merging AI with DeFi, SingularityDAO conducted an AMA session on August 25, where they shared about AI-driven projects.
Considering the recent updates, the AMA with SingularityDAO regarding the merger of AI and Defi might be the reason for the price surge. However, the users are expecting more highs and the network is working on their developments. With on-going advancements, the price of SDAO may reach highs in the near future.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
