Fetch.ai (FET) and SingularityNET (AGIX) Prices Defy Gravity Ahead of ASI Merger

Fetch.ai (FET) and SingularityNET (AGIX) prices have defied gravity in the past few days as traders anticipate the upcoming Superintelligence (ASI) launch.

Fetch.ai (FET) and SingularityNET (AGIX) prices have soared in the past few days as traders anticipate the upcoming Artificial Superintelligence (ASI) launch.

On Monday, AGIX was trading at $0.7125, its highest swing since June 12th. The price soared by over 51% from its lowest point this month.

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FET, on the other hand, soared to $1.7, its highest level since June 20th. It also surged by more than 50% from its lowest point this month, making it one of the best performing cryptocurrencies in the market.

The main driver for the AGIX and FET price rally is the upcoming merger, which will also include Ocean Protocol. The merger will create The Artificial Superintelligence Alliance, whose token will be ASI.

Initially, on July 1st, the three tokens will maintain the FET name and then later transition to the ASI token. In the first phase, the project’s name will change to Artificial Superintelligence and deposits and withdrawals of AGIX and OCEAN will close.

AGIX and OCEAN will migrate to FET with 1 AGIX token getting 0.43335 FET and one OCEAN getting 0.433226 FET. In the next phase, the ASI token will be deployed across all chains and the FET network will upgrade to the ASI network.

The developers hope that Artificial Superintelligence will become one of the biggest names in the blockchain industry. The combined platform will have three key solutions. Fetch provides AI agents, while SingularityNET provides a marketplace for AI apps. Ocean Protocol provides a platform for users to monetize their AI models and data.

This merger will be the biggest in the crypto industry, bringing together three of the biggest names in the sector. Fetch has a market cap of over $4.28 billion, while AGIX and OCEAN are valued at over $907 million and $460 million.

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