Top Three Crypto Picks For The Day To Enhance Your Returns?

• 1 Fetch.ai crypto resumed to gain heights on the second consecutive day, soaring 8.62% today. 
• 2 SingularityNET crypto was up over 7.91% intraday and was trading close to $0.066 at the time of writing.
• 3 Akash Network formed a bullish engulfing candlestick over the daily chart yesterday and continued to surge higher in intraday today.

While the broader crypto markets seem to be stabilizing after a short term correction. Few cryptocurrencies have started merging from their lows, presenting attractive short-term investment opportunities.

Few altcoins have captured the investors interest with a significant rise in intraday. The Fetch.ai, SingularityNET and Akash Network have shown a significant rise in Intraday, positioning them as cryptocurrencies to watch in the forthcoming trading sessions.

Fetch.ai (FET) Crypto

Fetch.AI is pioneering a decentralized machine learning platform powered by blockchain, making AI accessible to all the users. Its network allows open access to secure data, utilizing autonomous AI for tasks across various sectors, including DeFi, transport, and energy etc.

   

FET recorded impressive gains intraday today, surging over 8.62%, indicating a bullish continuation on the second day. Moreover the price rise is supported by a significant 132% rise in the volume inflow indicating an increased demand.

The increased demand may continue to push the price higher in the upcoming sessions. It ranks 61st in the broader market with a live market capitalization of $1.36 Billion. out of a total 2.63 Billion tokens, 848.37 Million tokens are currently in circulation. 

SingularityNET (AGIX) Crypto

SingularityNET is a blockchain powered platform. It enables anybody to “create, share, and monetize” AI services through its universal AI marketplace. This platform offers a vast array of AI services, purchasable with AGIX tokens, and serves as a hub for AI developers to publish and monetize their creations while monitoring their success.

SingularityNET (AGIX) has shown resilience, bouncing back after hitting an annual low. The daily trading chart displayed a bullish engulfing candlestick pattern yesterday, which led to continued gains today.

   

At the time of writing, the crypto was hovering close to $0.658, marking an intraday rise of over 7.91%. The bulls are dominating the intraday trend and may continue to uplift the price ahead.

The volume inflow has also noted a significant development of over 109% rising to $210.82 Million in a day. volume to market cap ratio was 24.92% suggesting a high volatility. it ranks 84th in the cryptoverse having a current market capitalization of nearly $856.19 Million.

Akash Network (AKT)

Akash Network is at the forefront of a transformative wave in cloud computing, challenging traditional services with its innovative, blockchain-based, open-source cloud marketplace. This platform promises enhanced speed, efficiency, and cost-effectiveness.

   

In the latest market update, Akash Network cryptocurrency experienced a near 4% rise in intraday trading. This uptick follows a bullish reversal from the previous day. However, volume analysis suggests a 10.1% decrease in volume inflow, hinting at lower demand at increased price levels.

At press time, market cap was nearly $751.62 Million and ranked 91st in the overall crypto market. the volume to market cap ratio 3.87%, highlighting low volatility. Out of a 388.53 Million AKT tokens, 62% i.e. 241.15 Million tokens are in the circulating supply. 

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.