THE MEGA MERGER OF THE AI TRIO 🤝
Can The Partnership Between FET, AGIX, and OCEAN’s Trigger Another AI Season?
If the partnership proposal laid down by the Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) teams is successful, all three AI-themed tokens might become one.
📰 According to a Bloomberg report, the projects were nearing the finishing touches as they aimed to create a decentralized platform. From the ongoing discussion, the ticker for the cryptocurrency would be “ASI” and it would have a diluted market cap of $7.5 billion.
ASI stands for Superintelligence Alliance. Since the beginning of this cycle, cryptocurrencies with Artificial Intelligence fundamentals have performed well.
📢 Collaboration Over Competition
At press time, Bitcoinworld observed that the impressive performances have driven the market cap of the category to $43.12 billion.
An hour after the development became public, the price of FET jumped by 3.78%. AGIX rose by 2.79% while OCEAN’s value climbed by 5.81%.
The price action of these tokens displayed increasing optimism about the outcome of the proposal. Furthermore, on-chain data showed the sentiment around these cryptocurrencies was starting to change.
📢 Deal Done By April?
This potential shift could drive a rally that could see many AI tokens hit new highs. However, if the deal falls through, the prices might jump later.
But a significant correction might appear before that.
As of this writing, the total number of FET holders was 71,700. OCEAN had a lower number at 67,100 while AGIX was higher at 101,000 holders.
Should the proposal become a reality, the total number of “ASI” holders might be much more than these figures.
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