Crypto News

AI Coins: Voting For SingularityNET, Fetch AI, & Ocean Protocol Token Merger Goes Live

Aligning with SingularityNET, Fetch AI, and Ocean Protocol's plans for a multi-billion token merger, voting for AGIX token holders goes live today.
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AI Coins: Voting For SingularityNET, Fetch AI, & Ocean Protocol Token Merger Goes Live

Highlights

  • Voting for AGIX token holders goes live on Cardano and Ethereum.
  • SingularityNET, Fetch AI, and Ocean Protocol forge ahead with plans for token-merger.
  • AGIX, FET, & OCEAN price rallies.

In a significant gust of developments, following SingularityNET, Fetch AI, and Ocean Protocol’s plans for a multi-billion token merger, SingularityNET recently spotlighted another advancement orbiting its token-merger chronicle. According to a post shared by SingularityNET’s community on X today, voting for this noteworthy merger is now live for AGIX token holders on Cardano and Ethereum.

Meanwhile, Fetch.AI already commenced its voting sessions yesterday, per a post on X, marking a storm of strides across the global crypto space. However, Ocean Protocol has not yet commenced any voting sessions that further underscore the phenomenal partnership that aims to merge AGIX, FET, & OCEAN tokens into an ASI.

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ASI Token Merger: What’s The Scoop?

SingularityNET, Fetch.ai, and Ocean Protocol recently announced the launch of an Artificial Superintelligence Alliance. Planning to merge their ecosystems’ native tokens AGIX, FET, and OCEAN into an ASI token, these AI projects echoed a frenzy across the cryptocurrency landscape. Eyeing a fully diluted value of about $7.5 billion, this merger curated ripples across the cryptocurrency realm.

As the global race for AI paces daily, this step by the blockchain-based entities further underscores an effort to foster a decentralized AI platform amid rising competition. However, despite the merger, the three will continue to function as separate entities, sources familiar with the matter stated.

Besides, the merger will be spearheaded by SingularityNET CEO Ben Goertzel, who will be accompanied by Fetch.ai CEO Humayun Sheikh as chairman. Meanwhile, Ocean Protocol’s Trent McConaghy will also be a key part of the Artificial Superintelligence Alliance, Coingape Media earlier reported.

Concurrently, AGIX, FET, & OCEAN noted substantial jumps today.

Also Read: Solana Co-Founder Warns Against Funding Random Presales On X

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AGIX, FET, & OCEAN Prices Jump

As of writing, the AGIX price noted a 6.57% increase in the past 24 hours and is currently resting at $1.14. With a 5.86% increase in the token’s market cap and a 21.61% jump in the 24-hour trading volume, AGIX took a bullish stage today.

Similarly, Fetch.AI (FET) climbed 7.62% higher, reaching $2.85. Even FET bullishly anchored its foothold with an 8.13% surge in market cap, accompanied by a 4.47 jump in 24-hour trading volume. Meanwhile, the OCEAN price surged 4.78% and is currently resting at $1.17, with a 4.83% and 55.27% jump in its market cap and 24-hour trading volume, respectively.

Also Read: Ripple Labs To Issue Stablecoin To Rival USDT and USDC

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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