- Stacks (STX) soared over 367% since the start of the year.
- SingularityNET (AGIX) climbed around 800% since January 2023.
For the past two months, the global crypto market signals a sign of recovery from the 2022 prolonged crypto winter. As Bitcoin layer-2 protocol Stacks native cryptocurrency STX and SingularityNET AI token AGIX price surged more than 200% in a month.
Stacks is a layer-1 blockchain that is designed to add smart contracts and decentralized applications (DApps) to Bitcoin (BTC). However, the Ordinal non-fungible tokens (NFTs) market participant’s rise may reason behind the STX price soaring, which are NFTs on Bitcoin, made possible via “inscriptions” on the mainnet of Bitcoin.
At the time of writing, STX traded at $0.9906, soaring over 15% in a day and 26% in a week. Also, Stacks price rose around 258% in February and 367% since the start of the year. STX holds a market cap of $1 billion and has a 24-hour trading volume of $480 million, which increased by around 23%.
The next top gainer is SingularityNET’s native token AGIX, which has increased by about 800% since the year began. According to CoinMarketCap, AGIX traded at $0.5554 with a 24-hour trading volume of over $421 million and holds a market cap of $662 million. Also, SingularityNET price climbed around 16% in a day and 40% in a week, and 221% in February.
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