News Formal

ASI crypto merger buzz fades: FET, AGIX, OCEAN prices plunge

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Despite news surrounding the Artificial Superintelligence Alliance (ASA), FET, AGIX, and OCEAN experienced price declines in recent days.

The announcement of the ASA merger failed to prevent substantial price corrections for FET, AGIX, and OCEAN tokens over the past few days.Following months of speculation, the Artificial Superintelligence Alliance has confirmed the initial phase of its two-part token merger in an official press release.

However, the price of FET had started its decline since the 23rd of May and exhibited both lower lows and lower highs, which were indicative of a bearish trend. Moreover, the CMF for the token also fell, which suggested that the money flowing into the AI token has declined.AGIX was a bigger victim of the bears, with prices falling by 12.77% in the last 24 hours. The price movement was similar to FET’s.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASI merger begins: So why are AI tokens FET, AGIX, OCEAN plummeting today?Artificial Superintelligence Alliance has announced the start of a two-phase token merger involving FET, AGIX and OCEAN.
Source: CryptoAmb - 🏆 22. / 68 Read more »

How ASI’s merger affects Fetch.ai, SingularityNET, and Ocean ProtocolOn July 1, the ASI alliance will initiate the merger of OCEAN and AGIX into FET. How will the markets react?
Source: CryptoAmb - 🏆 22. / 68 Read more »