💥💥The Price Skyrocketed with the Announcement of the Altcoin Project's New Artificial Intelligence Token! 💥💥

The altcoin project called Covalent (CQT) attracted attention with its new announcement that offers modular data infrastructure for artificial intelligence.

The Covalent team took an important step with the announcement made on Tuesday, July 9. They announced that they will switch from the CQT token to a new token called CXT.

This transition is expected to increase the work and adoption in the field of artificial intelligence. Following the announcement, the CQT price rose by approximately 25%.

The new token will also be Ethereum-based and will be released with its entire supply. This step will eliminate inflationary effects and factors that may put pressure on prices in the future. Investors holding CQT will automatically receive CXT and their CQT balance will be deleted.

The announcement made by the team had a positive impact on the CQT price. With a 24% increase, the price of CQT rose from $0.136 to $0.169.

Currently, CQT is finding buyers at $0.157.

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