🎁🎁Binance-Listed Massive Altcoin Announces 5 Million Token Burn, Gives Date! 🎁🎁

Recently, the altcoin Artificial Superintelligence Alliance (FET), created by combining FET, OCEAN and AGIX tokens, announced that five million FET tokens will be burned on January 10.

The developer team stated in a statement from the official X account that this event will be the first token burn for the ecosystem and that this step aims to create deflationary pressure on the ecosystem.

Following the token burn news, FET gained 14% in value in the last week, although it could not make a significant price jump. The altcoin, one of the leading projects in the field of artificial intelligence, currently attracts attention with a market value of $ 3.63 billion and ranks sixth among artificial intelligence-themed altcoins worldwide. Its biggest rival is NEAR with a market value of $ 6.7 billion.

FET reached an all-time high of $3.47 nine months ago. However, it is currently trading at a price 57% lower than that level. The altcoin continues to operate on the Ethereum, BNB Chain and Cosmos networks.

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