en
Back to the list

Voting For SingularityNET, Fetch.AI And Ocean Protocol Token Merger Has Begun

source-logo  cryptonews.net 05 April 2024 13:24, UTC

In developments following SingularityNET, Fetch.AI and Ocean Protocol’s token merger plans, SingularityNET recently highlighted another achievement. According to a post published by the SingularityNET community on X, voting for this merger is now available for AGIX token holders on Cardano and Ethereum. Fetch.AI has started voting sessions, according to a post on X.

SingularityNET, Fetch.AI and Ocean Protocol recently announced the formation of the Artificial Superintelligence Alliance. With plans to merge the native tokens of their AGIX, FET and OCEAN ecosystems into the ASI token, these AI projects have created a frenzy in the crypto space. The fully diluted value of this merger is around $7.5 billion and this merger is having an impact throughout the crypto sphere. However, despite the merger, the three companies will continue to operate as separate entities, sources familiar with the matter said.

At the time of writing, AGIX price is up 6.57% in the last 24 hours and is trading at $1.14. With the token’s market capitalization increasing by 5.86% and 24-hour trading volume jumping by 21.61%, AGIX took a bullish position. Likewise, Fetch.AI (FET) rose 7.62% to $2.85. Even FET gained a bullish foothold, increasing its market capitalization by 8.13%, accompanied by a 4.47% jump in 24-hour trading volume. OCEAN’s price rose 4.78% and is currently trading at $1.17, with market capitalization and 24-hour trading volume up 4.83% and 55.27% respectively.

Image: ReadWrite