Can FET, AGIX, and OCEAN’s merger spark another AI season?

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If the proposal laid down by the Fetch.ai [FET], SingularityNET [AGIX], and Ocean Protocol [OCEAN] teams is successful, all three

the projects were nearing the finishing touches as they aim 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.At press time, AMBCrypto observed that the impressive performances have driven the market cap of the category to $43.12 billion.

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. Buying the rumor here means that demand for the tokens might increase. This is because traders might accumulate the tokens in anticipation of a positive declaration. If the projects agree to the proposal, the market might experience a significant shift.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.of each of these projects.

 

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