Will FET soar 12% to reach $5 before the second phase of ASI Token merger? The renamed Fetch.AI (FET) has returned to the price range of $1.4 in the market recovery and is currently testing the resistance level at $1.5. Over the weekend, the AI Token rose nearly 40%, seemingly preparing for a breakthrough. Market observers have made predictions about the short-term and long-term goals of the Token after the merger of the Artificial Intelligence Super Alliance (ASI) Token. This month, the Artificial Superintelligence Alliance has initiated the first phase of the ASI Token merger process. The process starts with renaming Fetch.AI's name and logo to the Alliance's name. In addition, FET has updated its supply and market capitalization, but temporarily retains its stock code. After the renaming, despite FET surpassing other AI Tokens such as Render (RNDR) and becoming the 27th largest Cryptocurrency by Market Cap, its price still dropped by nearly 10%. At that time, the FET token fell below the support level of $1.4 and dropped to the price range of $1.2, and then recovered above the key level of $1.3. The market pullback dragged the price of FET below $1.1, which is a level not seen since the end of February. This performance fell 26% from its opening price of $1.45 in the third quarter. As the market recovers from the pullback in July, FET surged 38.7% over the weekend. The AI Token pumped from the price level of $1.11 and reclaimed the support area of $1.4 on Monday. Some market observers emphasize the steady recovery of FET, indicating that the Token is maintaining a bullish trend and is poised to achieve triple performance. On Thursday, World of Charts pointed out the recent price trend of FET. For analysts, the Token is breaking through the falling wedge pattern, expecting a "large-scale bullish wave" in the coming days, and the price will reach $5. Cryptocurrency analyst Posty shared a similar view with his X fans. In the post, Posty claimed that AI Token "looks much better here" and may break the falling wedge pattern. However, he stated that reclaiming the $1.75 resistance level is key to further pump. Similarly, another analyst believes that the Closing Price breaking through the $1.7 mark will push the price to a new all-time high (ATH). According to the post, breaking through the three-month downtrend line could send FET soaring to $13 after the ASI Token merger. The ASI Alliance announced that on July 22nd, it will hold an X Space meeting with Fetch.ai's CEO and ASI's Chairman Humayun Sheikh to discuss the latest developments. The encryption community has responded positively to this news, expressing excitement for the second phase of ASI Token merge. This phase includes the launch of ASI and the migration of FET Token to a new Token. In the past 24 hours, FET surged 12%, reaching the $1.54 mark. AI Token pumped 25% and 18% on the weekly and monthly timeframes respectively. (Data source: Rubmar Garcia)

Odaily Planet News reported that SingularityDAO announced today at 23:00 that FET will initiate the first phase of the ASI token merger plan with AGIX & OCEAN. Earlier, the Artificial Superintelligence Alliance announced significant progress and updates regarding the merger of ASI tokens. The first phase is scheduled to be implemented on July 1, 2024. Deposits and withdrawals of AGIX and Ocean will be closed across exchanges to prepare for the migration process, while deposits, withdrawals, and trading of FET will continue as usual. The migration platform from AGIX and OCEAN to FET is open on the SingularityDAO DApp, allowing holders to convert their tokens to FET. The conversion rate is 1 AGIX to 0.433350 FET, and 1 OCEAN to 0.433226 FET. The second phase is the cross-chain deployment of ASI tokens, the FET network upgrades to the ASI network, the migration contracts from FET, AGIX, OCEAN to ASI are open, the EVM and other bridges are open, and the trading platform begins to migrate from FET to ASI spot market.

The Merger of AI Coins FET, AGIX, and OCEAN Pushed Back to July 15 The Artificial Superintelligence Alliance has postponed the merger of AI-themed coins FET, AGIX, and OCEAN into a new ASI token. The delay is due to technical constraints and regulatory requirements. The new date for the merger is July 15. #ai#

PANews, June 11th - According to official sources, the final date for the merger of Fetch.AI, SingularityNET, and Ocean Protocol tokens has been postponed from June 13, 2024, to July 15, 2024. The official statement mentioned that this schedule adjustment is necessary to accommodate the logistical needs and technical dependencies of exchanges, validators, and a wider ecosystem of collaborators. The preparation phase for token merger includes managing complex integrations, careful coordination, and attention to various components. These third-party dependencies are crucial for the smooth execution of the token merger process, ensuring that all stakeholders' needs are fully met. The existing FET, AGIX, and OCEAN tokens will continue to be traded independently on exchanges. Once the third-party integration is completed, the ASI token will be launched, and FET, AGIX, and OCEAN will cease independent trading and merge into the ASI token.

FET, AGIX, and OCEAN will merge into ASI on June 11th. SingularityNET (AGIX) officially announced the final date for the token merger with Fetch.ai and Ocean Protocol for the Artificial Superintelligence Alliance (ASI). The merger will start on June 11th and will unify under a decentralized Artificial Intelligence (AI) network, with FET being renamed as ASI and completed on June 13th. For FET, AGIX, and OCEAN token holders, the merger will involve converting these tokens into ASI tokens at a specific exchange rate. The FET token will be converted to ASI at a ratio of 1:1, to AGIX at a ratio of 1:0.433226, and to OCEAN at a ratio of 1:0.433226. ERC-20 tokens will be launched on June 11th. Users can exchange FET for ASI tokens through the token migration contract, and then exchange them for AGIX and OCEAN tokens on June 13th. The migration process will take place on the decentralized artificial intelligence platform under SingularityNET, and users can exchange tokens using the audited token migration contract provided by SingularityNET.

Odaily Star Daily News SingularityNET (AGIX) officially announced the final date for the token merger of the Artificial Superintelligence Alliance (ASI) with Fetch.ai and Ocean Protocol. The merger will begin on June 11th and will be consolidated under a decentralized artificial intelligence (AI) network. FET will be renamed ASI and will be completed on June 13th. For FET, AGIX, and OCEAN token holders, the merger will involve converting these tokens into ASI tokens at a specific exchange rate. The FET token will be converted to ASI at a ratio of 1:1, to AGIX at a ratio of 1:0.433226, and to OCEAN at a ratio of 1:0.433226. ERC-20 tokens will be launched on June 11th. Users can exchange FET for ASI tokens through the token migration contract, and then exchange for AGIX and OCEAN tokens on June 13th. The migration process will be conducted on the decentralized artificial intelligence platform under SingularityNET, and users can exchange tokens using the audited token migration contract provided by SingularityNET. (Cointelegraph)

Golden Finance reported that Fetch.ai, SingularityNET, and Ocean Protocol (Artificial Superintelligence Alliance, ASI) announced the completion of their merger in June this year. The aim is to utilize the new ASI token to create the largest decentralized network for artificial intelligence. From June 11, 2024, FET will be renamed as ASI, and the merger will be completed on June 13. The ASI token will operate throughout the network, providing significant scalability and powerful functionality.

AI tokens Fetch.AI, AGIX, and OCEAN Talk merged, surging by double digits Three leading AI blockchain projects – Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) – are about to merge into a new token called Artificial Superintelligence (ASI), with the common goal of building a decentralized AI giant. The program aims to position blockchain technology as a formidable competitor to established tech giants such as OpenAI, Google, Microsoft, and Apple by leveraging their intrinsic advantages in AI development. This major news has received a positive response from the market. In the last 24 hours, Fetch.AI is up 12%, SingularityNET is up 10%, and Ocean Protocol is up a massive 23% in value, highlighting the market's enthusiastic welcome to merger talks. #山寨季开始# The proposed merger, which aims to merge the three tokens into an ASI token, is expected to be worth approximately $7.5 billion when fully diluted. The completion of the merger is subject to the approval of each community member participating in the platform. While negotiations are still ongoing, representatives of SingularityNET, Fetch.ai, and Ocean Protocol remain neutral, choosing not to comment on the matter. According to sources who spoke on condition of anonymity, the deal could be announced as early as Wednesday, subject to the consent of community members for each of the projects involved. At the heart of this cooperation is the creation of a super intelligence collective that will oversee the strategic direction of the combined entity. Ben Goertzel, visionary founder and CEO of SingularityNET, will lead the initiative, while Humayun Sheikh, CEO of Fetch.ai known for his early investment in DeepMind (later acquired by Google), is poised to serve as chairman. This leadership structure aims to synergize each platform's unique technical and philosophical approach to create an environment in which decentralized AI can thrive away from the traditional corporate model dominated by shareholder interests. This bold move comes against the backdrop of escalating investments in AI technology by heavyweight tech companies, signaling a broad industry consensus on AI's transformative potential. These companies' growing interest in AI has sparked a parallel movement in the cryptocurrency space, with projects such as SingularityNET, Fetch.ai, and Ocean Protocol leading the development of decentralized AI solutions. These solutions are designed to democratize AI advancements and ensure that the benefits of AI technology can be enjoyed by a wider audience, not just a coalition of tech oligarchs. Fetch.AI (FET) is the largest of all three AI crypto projects by market capitalization, and Fetch.AI (FET) continues its price discovery pattern after breaking through all-time highs in mid-February. The current FET is trading at $3.24. (Source: Jake Simmons)

Odaily Planet Daily News Fetch.ai released the detailed rules for the merger of FET, OCEAN, AND AGIX into ASI on the X platform, which means that the conversion of the three to ASI is open indefinitely on the chain, and the FET, OCEAN, AND AGIX in the exchange will be automatically converted to ASI. The specific conversion date will be negotiated between the project team and the exchange. Fetch.ai emphasizes that users are requested not to transfer OCEAN and AGIX to the exchange after the exchange conversion is completed, and there is no guarantee that the transferred tokens will be available or converted to ASI.

"PANews news on March 27th, reported by Bloomberg, according to informed sources, SingularityNET, Fetch.ai, and Ocean Protocol are discussing the merger of their respective tokens into an artificial intelligence token called ASI. In this merger plan, the market value of ASI token is expected to reach $7.5 billion after full dilution."

Odaily Planet Daily News: According to people familiar with the matter, SingularityNET, Fetch.ai and Ocean Protocol are discussing merging tokens into ASI tokens, which are worth approximately $7.5 billion after full dilution. (BBG)