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.
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.
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.
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.