Claim BonusSingularityNET, Fetch AI, Ocean Protocol to Merge Crypto Tokens, Prices Rally
Highlights
- SingularityNET, Fetch AI, and Ocean Protocol are under discussions to merge their crypto tokens.
- Merger of AGIX, FET, and OCEAN tokens into an ASI token with a fully diluted value of $7.5 billion.
- AGIX, FET, and OCEAN price rally in response.
Three artificial intelligence companies SingularityNET, Fetch AI, and Ocean Protocol agreed to merge their crypto tokens after constructive discussions. The move is aimed at developing a centralized AI platform, witnessing a merger of AGIX, FET, and OCEAN tokens into an ASI token with a fully diluted value of about $7.5 billion, as per people familiar with the matter.
SingularityNET, Fetch AI, Ocean Protocol to Merge AGIX, FET, and OCEAN Tokens
SingularityNET, Fetch.ai, and Ocean Protocol today announced the launch of the Artificial Superintelligence Alliance. Artificial intelligence-related companies SingularityNET, Fetch AI, and Ocean Protocol were in discussion to merge their tokens into an ASI, reported Bloomberg on March 27.
The blockchain-based AI platforms aims to develop a decentralized AI platform amid rising competition in the AI space. The ASI tokens will have a full diluted value of about $7.5 billion.
As per people familiar with the matter, the deal could be announced on Wednesday and will require approvals from the members of each community.
SingularityNET, Fetch AI, and Ocean Protocol will continue to run as separate entities. However, they will collaborate under the Superintelligence Collective run by SingularityNET CEO Ben Goertzel. Fetch.ai CEO Humayun Sheikh would be chairman. Ocean Protocol’s Trent McConaghy will also be a key part of the Artificial Superintelligence Alliance.
Also Read: Binance Adds Key Margin Pairs for DOGE, SHIB, PEPE, BOME, SUI, WLD; Rally Ahead?
AGIX, FET and OCEAN Prices Rally
AGIX price jumped nearly 15% in the past 24 hours, with the price currently trading at $1.38. The 24-hour low and high are $1.16 and $1.38, respectively. Furthermore, the trading volume has increased by 40% in the last 24 hours, indicating a rise in interest among traders.
FET price also climbed higher, with more than 15% jump in price to $3.28. The 24-hour low and high are $2.81 and $3.31, respectively.
Meanwhile, OCEAN price made a big breakout of 38% in the last 24 hours, with most of it coming after the news. OCEAN price currently trades at $1.66.
Also Read: Tidal, Hashdex Spot Bitcoin ETF (DEFI) Grabs Investors Interest On Debut
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal 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.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Japan’s SBI Clears XRP Rumors, Says $4B Stake Is in Ripple Labs Not Tokens
- 63% of Tokenized U.S. Treasuries Now Issued on XRP Ledger: Report
- Will Bitcoin & Gold Fall Today as Trump Issues Warning to Iran Before Key Nuclear Talks?
- Crypto Ties Revealed in Epstein Files: 2018 Emails Point to Gary Gensler Discussions
- Wintermute Expands Into Tokenized Gold Trading, Forecasts $15B Market in 2026
- Dogecoin, Shiba Inu, Pepe Coin Price Predictions As BTC Crashes Below $68k
- Ethereum Price Outlook as Harvard Shifts Focus from Bitcoin to ETH ETF
- HOOD and COIN Stock Price Forecast as Expert Predicts Bitcoin Price Crash to $10k
- XRP Price Prediction Ahead of Supreme Court Trump Tariff Ruling
- Crypto Price Prediction For This Week: Dogecoin, Solana and Cardano
- Bitcoin Price Prediction: How Could Brazil’s Strategic Bitcoin Reserve Proposal Impact BTC?
