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Artificial Superintelligence Alliance (FET) price could be looking at gains in the coming days if the demand rises.

Altcoins Beam, Artificial Superintelligence Alliance, Mantra, and Arweave have all suffered double-digit losses, ranking as the top losers of the day. Beam Beam (BEAM) led the charge of the top losers seen on Aug. 12, falling 13% at $0.

With the rising price volatility, the cryptocurrency market has displayed a strong bullish recovery with top tokens successfully retesting their respective support levels. Further, the market leader, Bitcoin price trades above the $61K mark with a 24-hour high of $61,381.

Ready to explore the future of crypto? Check out these 5 AI coins that are set to make a big impact.

The value of Artificial Superintelligence Alliance (FET) has consistently declined since May. The altcoin's price had trended within a descending channel, which it broke below on August 3.

After holding onto the $1 market for months, the Artificial Superintelligence Alliance (FET) price has fallen below the threshold. This decrease follows a challenging crypto market that has seen altcoin prices plunge to levels not seen in a long time.

Artificial Superintelligence Alliance (FET) has been consistently declining since May. Its price, assessed on a one-day chart, has formed a descending triangle pattern.

Some months back, at the peak of the AI market boom, Artificial Superintelligence Alliance (FET) was trading at an impressive $3.10. Five months later, the token struggles to hold on to the $1 mark.

Now regarded as Artificial Superintelligence Alliance (ASI), Fetch.ai (FET) completed the first phase of the merger with Ocean Protocol (OCEAN) and SingularityNET (AGIX) on July 22. The competition means that the project is 50% done with the integration that will see FET, OCEAN, and AGIX come under the same umbrella and ASI ticker.

Fetch.ai's (FET) price is in the middle of a bullish momentum and, at the same time, at a high risk of noting a decline.

The decision to merge three AI-themed tokens into one has caused the price of Fetch.ai (FET) to fluctuate. At some point, the token's price rallied and showed signs of retesting $2.

In a surprising twist, the largest cryptocurrency exchange in India, WazirX, has announced that its multisig wallets have experienced a major breach resulting in the loss of over $230 million digital assets.

The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout.

Negative sentiment, sluggish behavior and bearish waves had taken over the cryptocurrency market in the past few months. t. Events like the German sell-off and the Mount Gox news have only compounded the overall bearish trend, which has been a theme ever since the Bitcoin halving.

The cryptocurrency market has started the third week of July with a strong bullish sentiment, highlighting a positive outlook for the tokens this week. Further, with the price of Bitcoin holding its value above the $63K mark, top altcoins have recorded a bullish price action.

Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback.

Fetch.ai's (FET) price, instead of rising ahead of the ASI merger, ended up noting a sharp decline as the broader market dipped.

AI's growing demand in the real world has brought multiple AI tokens into the crypto market, and unsurprisingly, they have become one of the most-demand cryptocurrencies in the market. Over time, this category has grown continuously, adding newer and better tokens, but the superiority is still in the hands of the three AI cryptos, which

FET is testing a key support level for a potential reversal.

The key distinctive points of 5thScape are presented as a new VR ecosystem for gaming, moving, and education, unlike Fetch. AI and P2P automation in 5thScape, with the help of AI, makes VR come alive.

The announcement of the ASA merger failed to prevent substantial price corrections for FET, AGIX, and OCEAN tokens over the past few days.

Binance has announced expanding its support for four trending crypto- Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). Notably, the announcement has gained notable traction from the crypto market participants, who are evaluating the potential impact of the move towards the crypto.

How will the ASI token merger influence the AI and crypto markets, and what can investors anticipate from this alliance? At the end of March, three prominent names in the AI and crypto industries — Fetch.

Latest updates on the coins UNI, ATOM, and FET.