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ASI merger begins: So why are AI tokens FET, AGIX, OCEAN plummeting today?

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Artificial Superintelligence Alliance has announced the start of a two-phase token merger involving FET, AGIX and OCEAN.

After three months of speculations, the Artificial Superintelligence Alliance has announced the first phase of its two-phase token merger via its official press release.

Equally, SingularityNET explained that the migration platform was open on Singularity dApps to ensure smooth conversion of AGIX and OCEAN to FET tokens.Fear amidst migration According to the report, Coinbase will not participate in the Artificial Superintelligence Alliance’s $7.5 billion token migration .Impact of the ASI merger on AI tokens

The merger will create the market potential for faster, more impactful, and transformative AI developments. Such development within the crypto market mostly translates into bullish market sentiment.

 

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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 »