Ocean Protocol

Artificial Intelligence

Artificial Superintelligence Alliance

Artificial Intelligence (AI) based tokens have seen an increase in interest, underscored by the spike in social volume towards Synth AI, the solution formed from the integration of cryptocurrency and AI.
<h2 id="strong-growing-interest-in-ai-tokens-strong">Growing Interest in AI Tokens</h2>
Blockchain analytics platform Santiment provided insights into the level of engagement that the AI sector has registered in the run-up to the weekend. The analytics platform noted that the social boost in AI tokens is enough reason to focus on this sector. The regulation of Fetch.ai (FET), Ocean Protocol (OCEAN), SingularityNET (AGIX), and Bittensor (TAO) was also highlighted.
<blockquote class="twitter-tweet">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f916.png" alt="🤖" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Keep an eye on AI projects this weekend and early part of next week. There has been another gradual rise in social volume toward Synth AI, and regulation for projects like <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a>, <a href="https://twitter.com/search?q=%24OCEAN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$OCEAN</a>, <a href="https://twitter.com/search?q=%24AGIX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AGIX</a>, and <a href="https://twitter.com/search?q=%24TAO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TAO</a>. These spikes in crowd interest are often followed by rises in price. <a href="https://t.co/23qsh95SQe" rel="noopener noreferrer nofollow">pic.twitter.com/23qsh95SQe</a>
 — Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1799261829098881101?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 8, 2024</a>
</blockquote>
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It is worth noting that AI tops the list of one of the most commonly discussed subjects in the crypto ecosystem. The discussions centers around he use of AI solutions in trading, innovation and decentralization. Notably, attention has been drawn to the intersection of <a href="https://coingape.com/ai-integration-and-blockchain-to-propel-web3-adoption/" target="_blank" rel="noopener noreferrer nofollow">AI and cryptocurrencies</a> found on Synth AI.
This platform offers advanced AI algorithm for&nbsp; intelligent insights and automated trading. These are a few of the numerous AI-related topics that users are interested in per Santiment.
The frequent conversations on the capabilities of AI hints interest in other parts of the sector including AI tokens. AI enthusiasts may be willing to plunge funds into the acquisition of these token, a move that might stir a ripple effect on their individual prices.
Currently, TAO is trading at $364.97 with a 6.05% drop. AGIX is priced at $0.7357, down by 4.33%. While FET comes in at $1.74&nbsp; with a decline of 4.78%, OCEAN is down 5% to $0.7465.
<h2 id="strong-the-asi-alliance-strong">The ASI Alliance</h2>
Noteworthy, SingularityNET, Fetch AI, and Ocean Protocol have agreed to merge their crypto tokens after constructive discussions. The plan is to develop a centralized AI platform, witnessing a merger of AGIX, FET, and OCEAN tokens into an <a href="https://coingape.com/singularitynet-fetch-ai-ocean-protocol-plans-to-merge-crypto-tokens/" target="_blank" rel="noopener noreferrer nofollow">Artificial Superintelligence</a> (ASI) alliance and token with a fully diluted value of about $7.5 billion.
Seeing that the merger move had to gain support from each protocol’s community members, SingularityNET, Fetch.ai and Ocean Protocol swung into action to launch their individual <a href="https://coingape.com/ai-coins-voting-for-singularitynet-fetch-ai-ocean-protocol-token-merger-goes-live/" target="_blank" rel="noopener noreferrer nofollow">voting process</a>.
Subsequently, a significant majority of their token holders <a href="https://coingape.com/singularitynet-agix-holders-endorses-asi-alliance/" target="_blank" rel="noopener noreferrer nofollow">voted in favor of the potential ASI Alliance proposal</a>. The merger does not impact on the individual operation of each entity. Rather, it pushes further the milestone of integrating AI and blockchain. Such integrations is fast becoming the trend in the crypto ecosystem. Further advances in these tokens might have a major sway on the broader market in the long term.
Read More: <a href="https://coingape.com/is-uniswap-planning-to-sunset-gas-fee-founder-drops-unusual-hint/" target="_blank" rel="noopener noreferrer nofollow">Is Uniswap Planning To Sunset Gas Fee? Founder Drops Unusual Hint</a>
The post <a href="https://coingape.com/ai-tokens-fet-agix-and-ocean-might-lead-market-recovery-heres-reason/" rel="noopener noreferrer nofollow">AI Tokens FET, AGIX, and OCEAN Might Lead Market Recovery, Here’s Reason</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

AI Tokens FET, AGIX, and OCEAN Might Lead Market Recovery, Here’s Reason

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