Exploring the Performance of Monero (XMR), Radix (XRD), and SingularityNET (AGIX)
Discover how Monero (XMR), Radix (XRD), and SingularityNET (AGIX) are faring in the current crypto market. Here is a breakdown of their prices and the latest developments surrounding them.
Monero (XMR) Resilience Post Binance Delisting
- Monero (XMR) has displayed resilience despite its delisting from Binance on February 20th.
- The privacy-focused cryptocurrency has bounced back to the $150 range and achieved a new record with over 100,000 daily transactions.
- On March 5th, Monero set a new all-time high for daily transactions, surpassing the previous record of 96,495.
- Currently, the network has confirmed 102,708 transactions on March 6, indicating increased network usage that could positively impact XMR’s market demand and price.
- Following the delisting from Binance, Monero experienced significant price fluctuations but managed to recover and is now trading around $144.58 after reaching $153 from a low of $101.
Radix Network’s Project Ignition for DeFi Liquidity
- Radix Network introduced Project Ignition, a $10 million liquidity initiative aimed at enhancing liquidity for major cryptocurrencies like USDC, USDT, wBTC, and ETH on its platform.
- This innovative program redefines liquidity provision on decentralized exchanges (DEX) and offers unique approaches to boosting liquidity.
- LPs participating in Project Ignition receive XRD tokens equivalent to their provided liquidity amount, effectively doubling their offering.
- LPs can earn incentives of up to 20% of the value contributed in advance in XRD, along with trading fees and protection against temporary losses.
- The program integrates with key Radix DEX such as Ociswap, CaviarNine, and DefiPlaza to ensure a seamless experience for liquidity providers.
AGIX Market Performance Comparison with Monero and Radix
- SingularityNET’s native cryptocurrency AGIX has recently demonstrated impressive market performance with a significant surge in its value.
- This surge has driven increased activity on the Cardano blockchain, indicating rising interest in AI-focused cryptocurrencies.
- The market capitalization of AGIX has more than doubled recently, reflecting growing investor interest in a network that facilitates AI tool creation and sharing.
- The number of wallets holding AGIX with a positive balance has reached its historical peak at 93.6, showcasing rising adoption of AGIX.
- Whale transactions exceeding one million dollars in value on the Cardano blockchain alongside notable volume and conversion rate increases indicate growing traction for AGIX.
Investor Engagement and Confidence in AGIX
- Analysis by IntoTheBlock reveals that the majority of AGIX holders have seen profits, with 99% reporting gains.
- The Telegram community associated with the project has experienced a significant 5.09% growth, underscoring heightened investor engagement.
- Data indicates that 40% of AGIX holders have held onto their tokens for over a year, signaling strong investor confidence and long-term commitment to the project.
Hot Take: A Promising Future for Monero (XMR), Radix (XRD), and SingularityNET (AGIX)
Delve into the evolving landscape of digital assets through Monero (XMR), Radix (XRD), and SingularityNET (AGIX). Stay informed about their performance in the dynamic crypto market!
By
By
By
By