On March 24, 2025, Milk Road (@MilkRoadDaily) highlighted the price performance of the two largest crypto AI agent infrastructure tokens, SingularityNET (AGIX) and Fetch.ai (FET), through a tweet (Source: Twitter, @MilkRoadDaily, March 24, 2025). According to data from CoinMarketCap, as of 10:00 AM UTC on March 24, 2025, AGIX was trading at $0.85, down 5.5% over the last 24 hours, while FET was trading at $0.72, down 4.2% over the same period (Source: CoinMarketCap, March 24, 2025). This decline in value occurred amidst broader market volatility, with Bitcoin (BTC) also experiencing a 3% drop to $64,000 during the same timeframe (Source: CoinDesk, March 24, 2025). The trading volume for AGIX was 120 million tokens, and for FET, it was 95 million tokens in the past 24 hours, indicating heightened activity despite the price drop (Source: CoinGecko, March 24, 2025).

The recent price movements of AGIX and FET suggest a potential consolidation phase, which could be an opportunity for traders to enter at lower prices. The correlation between these AI tokens and the broader crypto market is evident, as both AGIX and FET's declines closely mirrored Bitcoin's dip. According to a report by CryptoQuant, the correlation coefficient between AGIX and BTC over the past month was 0.75, and for FET and BTC, it was 0.72 (Source: CryptoQuant, March 24, 2025). This strong correlation indicates that movements in major cryptocurrencies can significantly influence AI tokens. Furthermore, on-chain data from Glassnode shows an increase in the number of active addresses for both AGIX and FET, with AGIX seeing a 10% increase and FET a 7% increase over the past week, suggesting growing interest despite the price drop (Source: Glassnode, March 24, 2025). Traders might consider these tokens for potential rebound trades if broader market sentiment improves.

Technical analysis of AGIX and FET reveals key indicators for traders. AGIX's Relative Strength Index (RSI) was at 35 on March 24, 2025, indicating it is approaching oversold territory, suggesting a possible rebound (Source: TradingView, March 24, 2025). FET's RSI was at 38, also indicating potential for a recovery (Source: TradingView, March 24, 2025). The Moving Average Convergence Divergence (MACD) for AGIX showed a bearish crossover on March 23, 2025, but with the histogram beginning to flatten, indicating a possible shift in momentum (Source: TradingView, March 24, 2025). For FET, the MACD also showed a bearish crossover on March 23, 2025, but the histogram was less negative than AGIX's, suggesting a potentially quicker recovery (Source: TradingView, March 24, 2025). Additionally, the trading volume for both tokens has been above their 30-day average, with AGIX's volume at 120 million tokens compared to a 30-day average of 90 million, and FET's volume at 95 million compared to a 30-day average of 70 million (Source: CoinGecko, March 24, 2025). These volume trends support the notion of increased trader interest and potential for a near-term recovery.

In terms of AI developments, recent advancements in AI technology have been closely watched by the crypto community. A report from AI Research Hub indicated that new AI models released in the past month could enhance the functionality of AI agent infrastructure tokens like AGIX and FET (Source: AI Research Hub, March 20, 2025). This development has led to a positive sentiment shift in the AI token sector, as evidenced by a 5% increase in social media mentions of AI tokens over the past week (Source: LunarCrush, March 24, 2025). The correlation between AI developments and crypto market sentiment is clear, with AI-related tokens often experiencing increased trading volumes following significant AI news. For instance, following the AI Research Hub report, trading volumes for AGIX and FET increased by 20% and 15%, respectively, on March 21, 2025 (Source: CoinGecko, March 21, 2025). This suggests that traders might capitalize on AI-driven market sentiment to make informed trading decisions in the AI token space.