Cryptocurrency exchange OKX has added two new artificial intelligence (AI)-related cryptocurrency tokens to its spot trading platform.
The Fetch.ai (FET) and SingularityNET (AGIX) tokens were added to the list of available assets for spot trading on November 24 at 10:00 UTC, according to Coinjournal.
Traders were able to make deposits for FET/USDT and AGIX/USDT on November 24 at 6:00 a.m. UTC before the start of trading, the OKX exchange said on X. Meanwhile, withdrawals will be activated on November 27 at 10:00 UTC.
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The said tokens are related to AI technologies. Fetch.AI is an AI-based token on the Ethereum blockchain to support a decentralized network. The total volume of FET tokens is 1,152,997,575.
The token's listing on OKX caused FET to surge over 10%, with its price exceeding $0.55 and a total jump of 99% over the past month.
The price of the AGIX token has also increased by 9.8% over the past 24 hours to $0.302. For the month, the AGIX/USD pair is up nearly 50% and 600% from its all-time low in November 2022.
SingularityNET, the network that issues the AGIX token, is also using artificial intelligence to power its decentralized marketplace.
The prices of Fetch.ai and SingularityNET rose along with the overall performance of the artificial intelligence industry, including tech stocks, related tokens, and market outlooks. Financial guidance from companies such as Nvidia, Meta, and Microsoft only reinforced the bullish outlook.
A listing on OKX increases the value and distribution of the tokens, and the market may soon see a new round of growth as cryptocurrencies await the next bull market.
As a reminder, the Pyth Network (PYTH) was recently launched on the OKX spot and perpetual markets. This took place on November 20th. PYTH is up 25% in the last 24 hours.
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