Fetch.ai's FET token is set to be delisted from Tokenize Xchange on June 28th, ahead of the token merger with SingularityNET and Ocean Protocol. The delisting is due to the upcoming ASI Token Merger, which aims to streamline operations and enhance efficiency for token holders. Fetch.ai's FET token is a utility token used for discovering, creating, deploying, and training digital twins on the platform. It is essential for smart contracts and oracles. Fetch.ai's technological architecture includes the Digital Twin Framework, Open Economic Framework, Digital Twin Metropolis, and Fetch.ai Blockchain. The token migration process will begin on July 1st, with specific conversion rates set for transitioning into Fetch.ai's FET token and later into the ASI token. The rebranding to Artificial Superintelligence Alliance (ASI) will be reflected across various data aggregators. The deployment of the ASI token across multiple blockchain networks will be supported by upgrades to the FET network and the introduction of new migration contracts. [f49b4e92] [0eb9b377]
Fetch.ai (FET) and SingularityNet (AGIX) have seen a 40% increase in their prices, indicating growing investor interest in the AI crypto project market. Both projects have made significant progress and are leading the integration of AI technology into the DeFi ecosystem. Fetch.ai aims to democratize access to AI technology, while SingularityNet aims to create a decentralized platform for Artificial General Intelligence (AGI). RCO Finance (RCOF) is another project in the booming AI crypto sector that uses AI robo-advisor bots for DeFi. RCO Finance offers a long-term investment opportunity with its advanced Tokenomics model. The AI crypto sector is gaining momentum, and RCO Finance is well-positioned for growth. The first pre-sale stage of RCO Finance is currently ongoing, offering early investors an opportunity to increase their investment. The expected price of the RCOF token on the exchange ranges between $0.4 and $0.6, with potential returns in excess of 3,000%. [c23c0d83]
The price of Akash Network (AKT) surged almost 19% on June 28th, placing it second among the top gainers. The overall crypto market remained stagnant. AKT traded to highs of $3.77. Only Render (RNDR) and The Graph (GRT) were in the green among the top AI and Big Data cryptocurrencies. SingularityNET, Ocean Protocol, and RenAIssance Hackathon reward currencies were down more than 10%. Akash Network's growth seemed to defy the overall cryptocurrency market. Crypto.com will now pay out up to 19% in rewards for AKT staking. Akash Network announced a partnership with Flock, a decentralized AI model training platform, on June 25. Holders of AKT can engage in an open and cooperative ecosystem through FLock.io, helping to train models in exchange for on-chain rewards. Akash Network's highest point in the current market cycle was $6.22 on March 10, 2024. Akash Network's double-digit growth and positive sentiment may be attributed to the partnership with Flock and the rewards for AKT staking.
Cryptocurrencies related to AI have been gaining traction in the past several months. NEAR Protocol (NEAR) is the biggest asset in the niche and the 20th-largest in the entire cryptocurrency market, currently worth around $5.40. Internet Computer (ICP) has seen success in 2024, with a 92% yearly increase and a recent placement in a top 10 cryptocurrencies ranking. Render (RNDR) is the fourth-biggest AI coin with a market cap of almost $3 billion. Akash Network (AKT) is one of the few AI cryptocurrencies in the green, currently priced at around $3.80. ETFSwap (ETFS), Fetch.ai (FET), SingularityNet (AGIX), and The Graph (GRT) are mentioned as top AI-powered altcoins with the potential to 10X a crypto portfolio. ETFSwap is highlighted for its AI-powered tools and tokenized blockchain technology, while Fetch.ai is noted for its decentralized machine learning platform. SingularityNet is praised for its decentralized AI services, and The Graph is recognized for its dependable decentralized public infrastructure. The article also mentions upcoming events and price predictions for these altcoins. [98a48c78]