ASI token merger phase 1 results in delisting of AGIX, OCEAN

The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ais FET with limited exchange support.

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FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5?

The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout. Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence [...]

The post FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5? appeared first on Crypto Breaking News.

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SingularityNET Multisign Unloads $3.63M In AGIX Ahead Of Major AI Token Merger

In a notable move, the multisignature wallet 0x1f9, associated with SingularityNET, transferred 4 million AGIX tokens, worth $3.63 million, to Binance within the past 24 hours. These tokens were funneled through multiple intermediary wallets before reaching the exchange. Interestingly, this multisignature wallet had received these AGIX tokens from SingularityNET’s Treasury […]

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Major crypto projects to unlock $755M in July

About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes.

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Binance Launches Promotion to Share 20,000 USDC in Token Vouchers

Binance introduces a new promotion where users can share 20,000 USDC in token vouchers by depositing and trading selected AI tokens. (Read More)

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Why did Fetch and SingularityNET AI-tokens just surge 30%?

Both AI tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend.

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FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay

The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced a 4% drop in the last 24 hours. Related Reading: Crypto Expert Reveals Top 7 AI Tokens For Massive 100x Growth Dont Miss Out! ASI Token Merger Postponed To July In March, Fetch.AI, SingularityNET, and Ocean Protocol, three leading AI blockchain projects, revealed their plan to merge into the ASI token. This move aims to develop a decentralized AI platform to foster technology advancements accessible to a wider audience. On Tuesday, the ASI alliance announced the delay of the token merger from June 13 to July 15, 2024. Per the announcement, the primary reasons for the rescheduling are logistical requirements and technical independencies. It was further explained that the ASI token merger involves managing complex integrations and attention to numerous moving parts. As a result, the delay was a strategic decision to ensure a smooth execution during the process and ensure all stakeholders needs are adequately met. Humayun Sheikh, Fetch.AIs CEO, and ASIs Chairman, reassured the community that the alliances vision remained unchanged despite the delay. This temporary delay does not impact the substantial progress we have made towards creating a decentralized superintelligence network. Our teams are actively working with centralized exchanges to finalize the remaining steps. We appreciate the continued support and patience of our community and stakeholders as we work through these final logistical steps. SingularityNET Foundations CEO, Ben Goertzel, explained that they are working on integrating the three companies’ AI and blockchain technology. Additionally, he stated his excitement for the upcoming milestone: The finalization of the 3-way tokenomic merger on July 15 will be a major milestone, and we anticipate a series of progressively more exciting milestones after that as we leverage our $ASI token-based network to move toward increasingly capable AI systems and in time actual superintelligence. FET, AGIX, And OCEAN Face 8% Drop After the announcement, the three AI tokens saw a negative price impact in the following hours. SingularutyNETs AGIX token saw an 8.9% decline, from trading at $0.7035 to $0.6404 throughout Tuesday. In the early hours of Wednesday, the token recovered some ground from the retrace. AGIX traded at $0.6819, a 3.8% decrease from the day before. Similarly, Ocean Protocols OCEAN had an 8% drop after the news. The tokens price went from trading at $0.7156 to $0.6576 before recovering the $0.68 support level on Wednesday morning. At the time, AGIX faced a 4.4% decline in its price before the announcement of the delay. Meanwhile, FET saw the largest retrace of the three, with a 10.8% drop. The token fell from the $1.66 price range to $1.48. Later, the token recovered above the $1.62 level, a 3.1% decrease from Tuesday morning. Crypto analyst Altcoin Sherpa commented on FETs performance. The price drop was a good reminder that everything comes back down eventually; you just have to be patient.  Moreover, Sherpa said the price range may be a good buy, but it was yet TBD if it’s ‘the bottom.’ Related Reading: Dogwifhat To Tumble? Analyst Sets $1 Target For WIF However, the tokens have now recovered from the drop. As of this writing, FET is trading above the $1.7 price range. The surge represents a 6.7% increase in the last hour and a 4.4% recovery from its price 24 hours ago. Similarly, AGIX and OCEAN have seen a 5.7% and 5.5% surge in the last hour. This represents a 3.4% and 3% increase since the ASI token merger delay announcement. Featured Image from Unsplash.com, Chart from TradingView.com

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AI Tokens Preparing For Round 2: Industry Shows 8% Growth With RNDR And FET

Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024. The crypto market recovered over the weekend from the May 1st retrace, with AI tokens showing significant gains. As a result, many industry experts think that the sector is poised for a Round 2 this cycle. Related Reading: Analysts Foresee Altcoins Explosive Rally Incoming, Is The Correction Phase Over? AI Sector Recovers By 8% Crypto analysts highlighted AI tokens alongside memecoins as the hottest topic of 2024, responsible for most of the massive gains during this cycle. According to CoinGeckos report, AI was one of the three sectors that delivered three-digit returns in Q1. Moreover, the largest AI token by market capitalization, Fetch.ai (FET), saw gains of 378.3% during this period. As a result, some analysts deem the AI sector to be the next main narrative of the cycle. Trader John Walsh, known as CryptoGodJohn, considers The future of AI coins preparing round 2. Walsh added that the AI season is extremely obvious and will go so much higher based on the developments in the sectors, including Nvidia earnings, Apple AI, and Microsofts $100 billion AI fund. To this, crypto analyst MacroCRG replied that a massive AI growth will be obvious in hindsight, considering that the sectors market capitalization is just $27.3 billion. AI mcap still just $27B It will be obvious in hindsight https://t.co/HH0Tb86fNY pic.twitter.com/71qgdwdM1C — CRG (@MacroCRG) May 6, 2024 According to a MacroCRG post, the AI market cap had increased 8% by Monday morning, and its daily trading volume was around $1.9 billion. On Tuesday, the market cap surged to $27.8 billion, a 2.3% increase from 24 hours ago. In comparison, memecoins $54.4 billion market cap doubles AIs. However, its market cap decreased by 2.8% in the last day, with the top ten memecoins showing red numbers in the past 24 hours. Is Artificial Intelligence About To Bloom Or Ruin the World? Despite the remarkable performance, some figures think the sector has a more pessimistic future. According to memecoin trader Murad, the developments in the industry will be replacing more & more jobs every year. As a result, there will be an increase in Anxieties and desperate attempts to make it. To the trader, the industry will serve as a push for the memecoins sector, as Growing AI capabilities will be one of the big forces accelerating the Memecoin Bubble. Financial giant Warren Buffett shared a more skeptical view on Saturday. The Co-founder and CEO of Berkshire Hathaway revealed he is not sold yet by artificial intelligence. To the CEO: We let a genie out of the bottle when we developed nuclear weapons. AI is somewhat similar its part way out of the bottle. Despite this, Buffet recognized the potential for AI technology to change the world positively. On The Brink Of A Millionaire Boom The AI industry is on the brink of a multi-trillion-dollar boom, stated Alex Wacy. The analyst believes the reasons behind this are the vast and diverse potential of applications. Moreover, the expert highlights that interest in the sector has steadily increased over the last year. A crypto and AI combination could potentially create a market valued in the trillions. According to the post, the market is projected to reach nearly $2 trillion by 2030, which suggests that the crypto industry should not overlook it. Tokens like RNDR showed a remarkable performance over the past week, with the price soaring by 45%. RNDR regained the $10 support zone this week after struggling to retest it over the last month. In the past 24 hours, the tokens price surged 6.4%, and its daily trading volume increased by 16.8%, with over $455 million being traded. FET is a top performing AI coin headed into the Nvidia earnings, as stated by John Walsh. The trader forecast that the token is looking for a next leg higher up after successfully retesting the $2.35 resistance level. $FET break retest now looking for next leg up higher FET will be a top performing AI coin headed into the nvidia earnings pic.twitter.com/Agl0eqB9mD — Johnny (@CryptoGodJohn) May 6, 2024 FET broke above this level over the weekend, rising to $2.5 on Monday and remaining above the $2.40 support zone since. At writing time, the token is trading at $2.42, representing a 2.4% increase in the last 24 hours and a $22.9% surge in the past week. Related Reading: Crypto Analyst Reveals 6 Must-Buy Altcoins With The Most Potential FET's performance in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

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Fetch.AI Soars 14.5% As AI Tokens Surge, Can FET Reach $4?

The crypto market is 5.1% up today, with a total market capitalization of $2.3 trillion. The recent pump has propelled different sectors, with memecoins being 9% up and Artificial Intelligence (AI) tokens increasing 11.2% in the last 24 hours. Related Reading: Crypto Analyst Shares Top AI Altcoin Investments This Month Fetch.AI (FET) is at the forefront of the AI sector with its remarkable 14.5% increase in the past day. Some analysts foresee a bullish breakout for the token soon. Are AI Tokens Taking The Lead? As reported by NewsBTC, many market experts consider Artificial intelligence tokens a contender for the cycles biggest narrative in round 2. Alex Wacy said the artificial intelligence industry is on the brink of a multi-trillion-dollar boom due to the increasing interest over the last year. As a result, the analyst considers the sector could create a market valued in the trillions, reaching $2 trillion by 2030. This week, AI tokens have performed strongly. Altcoin Sherpa pointed out that the sector is looking decent overall, with tokens like Arweave (AR), Ocean Protocol (OCEAN), and Fetch.ai performing the best. Renowned traded Daan Crypto considers the AI sector to be bouncing the strongest on this new market move, while memecoins seem to be the weakest. The trader shared his thoughts on Fetch.AIs recent performance. Daan highlighted the tokens attempt to break above the diagonal trendline. Per the chart, FET is testing the diagonal resistance, with the $2.35 mark being the first resistance level to reclaim. A breakout above this level could be a good start to a further trend change. Moreover, the token broke above the 4H 200MA/EMA already. Per the trader, FET would need to test the $2.5 mark and remain above the $2.35 price range to break the trend and head higher over the next couple of weeks. Similarly, crypto trader Scient considers the token consolidating inside a one-day ascending bullish triangle. His chart highlights the $2.12 mark as support for the diagonal trendline. He forecasted a deviation below the trendline towards 1D 100EMA before reclaiming the $2.12 price range and moving back inside the triangle. If a retest and confirmation of the trendline reclaim occurred, the trader suggested he would long it. Analysts Forecast $4 For FET Crypto analyst World of Charts identified a textbook bullish pennant pattern on FETs chart. The analyst expects an upside breakout soon, potentially leading to a 2x bullish wave. If the breakout is successful, the tokens price could move above the $4 price range. $Fet Formed Text Book Bullish Pennant Expecting Upside Breakout Soon Expecting 2x Bullish Wave Incase Of Successful Breakout #Crypto #Fet #Fetchai pic.twitter.com/Y3c0pqNFgN — World Of Charts (@WorldOfCharts1) May 15, 2024 Moreover, CryptoBoss seems to concur with this forecast. The trader shared a similar chart, signaling a possible breakout that could drive the token to double its price. In the post, he stated, $FET 4$ exe loading… Related Reading: By The Numbers: Over 1 Million New Crypto Tokens Launched Since April In the past 24 hours, the token has surged an impressive 14.5%, going from $2.04 to hover between the $2.3-$2.32 price range. This increase represents 7.5% and 13.2% in the weekly and monthly timeframes. Similarly, FET has seen a rise in market activity. Its daily trading volume increased by 102%, with $354.2 million traded on the last day. Featured Image from Pexels.com, Chart from TradingView.com

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Top 6 Best AI Tokens to Buy During the Bull Run

If you're thinking about sprucing up your investment game, here are the top 5 AI tokens you'll definitely want to keep tabs on

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Nvidia To Trigger Render Price: Will Render (RNDR) Price Skyrocket to $20?

This article is all about the Render price prediction. Will the RNDR price reach $20? Let's take a look at it.

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Top 4 AI Coins To BUY Before Bitcoin Halving to turn $1,000 into $100,000

So, right now is the perfect time to check out the top 4 AI coins that could turn a $1,000 investment into a whopping $100,000!

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AI Tokens Record Lowest Weekly Volume Since January – A Sign Of Waning Interest?

AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related cryptocurrencies to substantial gains. However, the interest in this set of [...]

The post AI Tokens Record Lowest Weekly Volume Since January – A Sign Of Waning Interest? appeared first on Crypto Breaking News.

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AI tokens see the lowest weekly trading volume this year

A recent report from data analytics firm Kaiko revealed decreased trading activity for AI-related tokens. The report analyzed weekly trading volumes for some of the most popular AI-related tokens, such as Fetch.ai (FET), Injective (INJ), Oasis Network (ROSE), Render (RNDR), SingularityNET (AGIX), and The Graph (GRT). According to Kaiko’s findings, these tokens have experienced the […]

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Best AI Tokens in 2023 – Invest to be a billionaire?

Discover the best AI tokens for 2023 and seize the opportunity to invest in the transformative field of artificial intelligence. Find out how these tokens can provide access to cutting-edge AI projects and platforms, and potentially yield lucrative returns on your investment.

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Bitfinex Listed Revolutionary CryptoGPT Token ($GPT) for Decentralized AI Data Industry

source: bitfinex The rise of Artificial Intelligence (AI) is transforming technological fields worldwide, with AI-powered systems providing efficient and high-performance work across multiple industries. However, big tech companies and players like Meta, Google, and Amazon monetize users’ AI data and retain full control, leaving users with no control over their data and no share of ...

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SingularityNET (AGIX) Shocks the Market with an 800% Yearly Growth Spike – Here’s Why

What is driving the impressive growth of its AGIX token? and how high can SingularityNET go? Let's explore and find out

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Top 5 Best AI Tokens to Buy During the Bull Run

If you're thinking about sprucing up your investment game, here are the top 5 AI tokens you'll definitely want to keep tabs on

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Key Points | Feb. 23, 2024 | Nigeria To Ban Binance, AI Tokens Surge

Binance faces uncertainty in Nigeria, Reddit discloses BTC holdings, while AI tokens surge in today's Key Points.

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Altcoins Watchlist: Market Expert Spotlights ETH, BLUR, MATIC, And More For Explosive Gains

Crypto analyst Miles Deutscher has spotlighted several altcoins, with a special focus on artificial intelligence (AI) tokens, that demonstrate strong breakout potential in the current market rebound.  ETH On The Rise In a recent post on X (formerly Twitter), Deutscher suggests that the upcoming Ethereum (ETH) Dencun upgrade, along with advancements in the AI industry, [...]

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