Coinbase Won't Handle AI Token Merger for Users
The cryptocurrency exchange said users will need to transfer their tokens to a self-custody wallet to swap their tokens.
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The cryptocurrency exchange said users will need to transfer their tokens to a self-custody wallet to swap their tokens.
Today, the Fetch.AI price experienced a major surge amid the approaching ASI merger. A new AI meme coin, WienerAI, may present a better opportunity, however.
The ASI alliance, beginning July 1, will combine OCEAN and AGIX into FET.
OKX will delist the Fetch.ai (FET) margin trading pair and perpetual futures in compliance with Fetch.ai's migration requirements. Details on delisting and risk management adjustments are provided.
Fetch.ai is preparing for stage 1 of its merger with Ocean Protocol and SingularityNET. From July 1, OCEAN and AGIX will be swapped into FET tokens
OKX will support the migration of AGIX tokens to FET at a 1:0.43335 ratio starting July 1, 2024. Users are advised to follow the provided schedule.
Good news springs up for the Artificial Intelligence (AI) community as they will finally see the merger of the Fetch.ai (FET) Ocean Protocol (OCEAN) and the SingularityNET (AGIX) tokens into ASI. Fetch.ai gave the announcement on its official X account, stating that the merger will commence on July 1.
The migration platform on the SingularityDAO dApp will open for users to convert their OCEAN and AGIX tokens to FET.
Coinbase will not support the $7.5B ASI token merger of SingularityNet, Fetch.ai, and Ocean Protocol. Users can migrate tokens using self-custodial wallets.
Coinbase has announced that the crypto exchange will not support the Ocean (OCEAN) and Fetch.ai (FET) token migration as part of the project's merger into the Artificial Superintelligence Alliance (ASI).
The eagerly awaited ASI token merger involving Fetch AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) is set to reshape the landscape of AI tokens. As anticipation mounts, Fetch AI has disclosed crucial information about the upcoming merger, scheduled to kick off on July 1, 2024.
Coinbase said it would not facilitate the migration of two assets related to the Artificial Superintelligence Alliance (ASI) token merger in a June 26 statement. Instead of executing migrations for Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, the exchange plans to continue supporting trading for each asset until further notice.
Fetch AI continues to play a major role in the narrative and the development of Artificial Intelligence (AI) integration with the cryptocurrency industry. This bullish outlook has been reflected in FET's commendable price surge over the last year.
Bulls take back control of today's crypto market, with a growth of 0.12 % in the last 24 hours. The global crypto market stands at $2.26 trillion with BTC still under $62K with 52% market dominance. Bitcoin (BTC) Analysis: Rebound from the Support line is possible.
With the imminent merger of crypto AI tokens $FET, $AGIX, and $OCEAN, all are surging into this event. Will the newly created $ASI token continue these gains, or will the merger be a ‘sell the news' event?
Despite Nvidia's sharp decline, AI crypto tokens are surging double digits, indicating resilience in the market.
Artificial intelligence has transformed numerous industries, including blockchain. By integrating AI into cryptocurrency, the technology has enhanced efficiency, security, and decision-making.
Amidst crypto market volatility, AI tokens have emerged as a promising sector. While Bitcoin caused panic among investors by trading below $59,000, AI Altcoins topped the charts, outperforming meme coins.
Fetch.ai (FET) and Injective (INJ) defied the current bearish markets with significant price increases over the past day. Monday's X post from Injective about “something brewing” with Fetch.ai catalyzed recoveries for the altcoins within the last 24 hours. Injective's post feature the company's logos with a wavy line connecting them.
Fetch.AI (FET) has seen a nearly 20% increase in value over the last 24 hours following a tweet from Injective hinting at a potential collaboration.
AI-related crypto tokens FET, AGIX, and OCEAN have performed well in the past day despite a 6.6% drop in Nvidia stocks, an AI leader often watched by the crypto community for such token trends.
As the markets are heading towards the end of the month, the volatility has surged to a large extent. The weekly trade started with a massive pullback, causing an enormous pullback in the BTC price, which impacted the altcoins as well.
With the altcoins segment standing at a strong recovery note, the AI tokens are making massive waves. The recovery in AI tokens is undermining the pullback in NVIDIA stock of 13%. The artificial intelligence crypto tokens are teasing a trend reversal rally to a new peak with the sudden jump.
Several AI tokens, including Fetch.ai, Ocean Protocol, and SingularityNET, gain ground despite market challenges. The post AI tokens FET, AGIX, OCEAN, and ARKM surge despite market sell-off appeared first on Crypto Briefing.