SingularityNET, Fetch.ai, And Ocean Protocol Set Date For Merged Token Launch; Algotech Presale On Pace To Exciting Returns
The
dominance
of
tech
giants
over
AI-powered
crypto
assets
motivates
SingularityNET
(AGIX),
Fetch.ai
(FET),
and
Ocean
Protocol
(OCEAN)
to
create
an
autonomous
AI
ecosystem.
Another
AI-powered
presale
token,
Algotech
(ALGT),
is
making
headlines
due
to
its
growth
potential
as
the
next
best
thing
in
the
crypto
market.
Let’s
learn
more!
Proposal
for
a
Three-Way
Merger
of
Leading
AI-Focused
Tokens
The
momentum
surrounding
Artificial
Intelligence
(AI),
which
garnered
traction
in
late
2023,
has
continued
to
intensify
throughout
2024.
The
surge
showcases
growing
investor
interest
in
AI-based
cryptocurrencies,
such
as
Fetch.ai
(FET),
SingularityNET
(AGIX),
and
Ocean
Protocol
(OCEAN).
Even
with
the
progress
made
in
AI
cryptocurrencies,
the
influence
exerted
by
large
technology
corporations
is
increasingly
posing
a
significant
challenge.
Top
AI
crypto
tokens
Fetch.ai
(FET),
SingularityNET
(AGIX),
and
Ocean
Protocol
(OCEAN)
have
proposed
solutions
to
this
dominance.
The
three
tokens
have
collaboratedcollaborated”>
collaborated
to
fight
tech
companies,
democratize
AI
development,
and
decentralize
access.
Subsequently,
the
Artificial
Superintelligence
Alliance
(ASI
Alliance)
disclosed
the
conclusive
merger
particulars,
encompassing
details
regarding
token
swaps.
The
tokens
associated
with
each
project
will
undergo
conversion
into
the
new
ASI
token.
The
token
supply
for
Fetch.ai
(FET)
will
be
rebranded
as
ASI,
with
a
conversion
rate
of
1:1.
Meanwhile,
the
conversion
rates
for
SingularityNET
(AGIX)
and
Ocean
Protocol
(OCEAN)
will
be
0.433350:1
and
0.433226:1,
respectively.
As
of
May
28,
2024,
the
proposed
token
resulted
in
ASI’s
market
capitalization
reaching
$6
billion.
However,
the
price
movements
of
the
three
AI
tokens
have
mostly
stayed
the
same
since
the
announcements
or
the
merge,
but
analysts
anticipate
significant
upticks
before
the
end
of
Q2.
The
three-way
merger
involving
FET,
AGIX,
and
OCEAN
will
be
finalized
on
June
13,
2024.
Algotech
(ALGT):
AI-Powered
For
Ease
of
Trading,
Enhancing
Potential
For
More
Gains
Algotech
(ALGT)
is
an
AI-powered
presale
coin
gaining
traction
in
the
crypto
market
alongside
top
artificial
intelligence
assets
SingularityNET
(AGIX),
Fetch.ai
(FET),
and
Ocean
Protocol
(OCEAN).
Besides
its
AI-powered
platform,
Algotech
(ALGT)
is
democratizing
the
industry
with
its
algorithmic
trading
for
novice
and
seasoned
investors.
Furthermore,
Algotech
(ALGT)
utilizes
machine
learning
alongside
AI
to
offer
its
users
accurate
real-time
market
analysis,
mitigate
trading
downturns,
and
make
trading
easy
for
everyone.
Additionally,
Algotech
(ALGT)
prioritizes
security
and
privacy
for
its
users
by
eliminating
manual
trading
through
automation.
Through
its
ERC-20-compliant
ALGT
token,
Algotech
users
can
enjoy
several
benefits,
such
as
governance
and
voting
rights.
They
also
get
a
share
of
the
profits
generated
through
dividends
and
partial
ownership
of
the
platform’s
software.
The
token
presale
is
in
the
bonus
stage
at
$0.08.
The
next
stage
will
see
the
token
rise
by
25%
to
reach
$0.10,
while
investors
can
anticipate
a
275%
ROI
once
it
reaches
its
anticipated
launch
value
of
$0.15.
Moreover,
the
earliest
investors
of
the
ICO
can
expect
a
500%
gain
after
the
price
hits
its
launch
value.
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