• Fetch.ai, OCEAN, and SingularityNET combine to form a Superintelligence Alliance

• $FET, $OCEAN, $AGIX will combine to form $ASI

• ALGT crosses $3.3 million in stage two presale

News of a historic merger is circulating throughout the artificial intelligence (AI) community. The three titans of decentralized AI, Fetch.ai, OCEAN Protocol, and SingularityNET, are combining forces to form ASI (Artificial Superintelligence — $ASI), a superintelligence alliance. This historic partnership has rocked the cryptocurrency and blockchain worlds, raising a lot of concerns and conjecture, especially with reference to the expected value of ASI’s native token, $ASI.

Merging minds: A powerhouse of AI innovation

Fetch.ai, OCEAN Protocol, and SingularityNET are three of the most enduring teams in decentralized artificial intelligence. With over seven years of operational relevance, they all work committedly towards creating open and beneficial AI that creates exit routes away from centralized monopolies.

Referencing Fetch.ai’s official statement, the core tenets of the merger are rooted in creating decentralized Artificial Superintelligence (ASI) that benefits everyone and is inclusive—a united stand against big techs’techs’s control over technology. 

Fetch.ai contributes its advanced autonomous AI agents to OCEAN Protocol’s data monetization and infrastructure, as well as SingularityNET’s rich R&D heritage in AI development and integration.

As part of their unification process, the three firms will merge their respective tokens ($FET, $OCEAN, and $AGIX) into the ‘Artificial Intelligence’ token — $ASI. 

At the time of signing, the combined value of the Alliance was $7.5 billion, theoretically placing it among the top 20 cryptocurrencies on Coinmarketcap. $FET will serve as the benchmark currency, with 2.631 billion tokens and a starting price pegged at $2.82.

All three firms will submit governance plans to their respective communities, and the merger is subject to the community’s approval. Voting will commence on April 2, and if approved, a token merge combining all three tokens to produce $ASI will take place.

ASI price prediction

Predicting the future price of any cryptocurrency is inherently challenging, but several factors could influence the price of ASI’s token.

Firstly, the progress made on the ASI platform, including its development and deployment speed, will be pivotal in attracting users and developers. 

Secondly, the extent to which established players in the AI and blockchain industries adopt and integrate with ASI’s ecosystem could also significantly impact its success. 

There’s also the overall sentiment of the broader cryptocurrency market, which could play a role in determining the price of ASI’s token. Starting at a price of $2.82 for $FET, we could see as high as $5 before the end of 2024, depending on the factors above.

Algotech (ALGT) presale crosses $3.3 million

Algotech, the silent but disruptive algorithmic trading solution that has rocked the DeFi space, has made headlines with its remarkable presale progress. Starting from as low as $0 at the beginning of 2024, ALGT has successfully gone through a private seed-raising round, stage one presale, and an almost completed stage two presale — crossing above $3.3 million in a few weeks. 

Algorithmic trading appears to be the future of crypto trading and investments as the whole market continues to mature at a faster rate with varying complexities. Manual trading will no longer be effective in adequately and accurately capturing all the transient opportunities for wealth creation within the marketplace, hence the need for sophisticated trading tools that level the game.

Algotech has positioned itself as a decentralized algorithmic crypto trading platform where traders from all levels can find refuge and empowerment to unlock maximum profitability.

To learn more about Algotech, visit the Algotech presale website or join the Algotech community.