"It seems Musk just wants to diversify crypto, he won't forget his beloved dog."
The cryptocurrency market is once again watching the actions of billionaire Elon Musk who is recently in talks with Artificial Intelligence (AI) researchers after hinting that it may potentially have a positive impact on his favorite memecoin, Dogecoin (DOGE).
Like to be informed that most of the AI digital assets have recently become popular right after the existence of ChatGPT and there is a lot of hype about AI related products.
Among the cryptos associated with AI are The Graph (GRT), SingularityNET (AGIX) and Fetch.ai (FET) which have been found to gain great value through the success of ChatGPT.
That streak, the crypto market really believes that AI-based crypto is capable of a drastic jump in the future.
Back to the description, Musk who was previously interested in crypto has said that he became interested in AI.
This is because Musk has shared a picture that says "In The Singularity" and that action has successfully attracted many individuals to join the SingularityNET (AGIX) project even though his statement is still unclear.
Following that, the price of AGIX saw a surge when the SingularityNET project was also found to be closely related to the Cardano (ADA) ecosystem.
Although the crypto market is under some pressure due to the Silvergate issue, the price of AGIX is up 11% in the past week compared to Bitcoin (BTC) which slipped around 3%.
