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Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking.

Fetch.ai (FET) and SingularityNET (AGIX) prices have defied gravity in the past few days as traders anticipate the upcoming Superintelligence (ASI) launch. The AGIX token was trading at $0.7125, its highest swing since June 12th. It has soared by over 51% from its lowest point this month.

Updates on the ASI token merger starting July 2024, involving SingularityNET, Fetch.ai, and Ocean Protocol. The post Token merger of Fetch.ai, SingularityNET, and Ocean Protocol to start on July 1 appeared first on Crypto Briefing.

The blistering near 30% rallies posted Thursday by AI coins Ocean Protocol ($OCEAN), SingularityNET ($AGIX), and Fetch.ai ($FET) appear to have largely cooled off today, by Friday afternoon UTC.

Curious about the latest trends in cryptocurrency? Check out our list of the Top 5 Artificial Intelligence (AI) Coins

Fetch.ai (FET), a leading artificial intelligence (AI) crypto, rocketed to the top of the gainers chart on Thursday. The 28% surge comes just days before FET's scheduled merger with other AI tokens into the much-anticipated Artificial Superintelligence Alliance (ASI).

TL;DR AI Token Surge: The market cap for AI tokens has reached nearly $28 billion, with Fetch.ai and Render leading the gains. Nvidia's Impact: Nvidia's success in AI chips has positively influenced AI-related blockchain projects, highlighting the connection between AI and cryptocurrency.

The strongly prosperous tailwinds of Nvidia serve a powerful boost to FET, as well as other AI-powering altcoins.

The market cap for AI-related crypto tokens increased by over 15% in the past 24 hours in response to gains made by artificial intelligence company Nvidia. With the chipmaker leapfrogging Microsoft to become the world's most valuable company, blockchain projects focused on artificial intelligence have also seen increased interest in their tokens.

As a follow-up of the Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) token merger, ASI (Artificial Superintelligence Alliance) recently revealed vital developments looming on the matter, scheduled for July 1. According to a post shared on X today, June 20, starting July 1, phase 1 of the merger will commence.

With the crypto market doing slightly better today, with Bitcoin and Ethereum up 0.8% and 1.4% respectively, one altcoin is showing the crypto market what a real rally looks like. Fetch.

The Fetch.ai token has surged 40% in the past month, while Render Network is up nearly 30%.

Fetch.ai (FET) has seen a big jump in its price, going up 30% in just one day! Want to know what caused this exciting rise?

The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors.

FET's price jump in the past 24 hours has, however, failed to put its holders in profit.

This week, the AI tokens made a surprising bullish comeback following the bull run in the meme coins and the top altcoins. With the bull run, these low-cap altcoins present a breakout entry opportunity. Further, as the broader market recovers, the Fetch.AI and Phoenix tokens are ready for the next stage of recovery.

While the altcoin market stays on edge with Bitcoin (BTC) hovering below $66,000, AI-based digital assets have shown noteworthy gains over the past day. This trend shows the growing interest and potential resilience of AI cryptocurrencies in an otherwise uncertain market.

Fetch AI price prediction: In an explosive move that caught much of the market unaware, FET price surged by 29% yesterday, hitting a high of $1.515 and closing the day at $1.505. The surge in price continues, with the asset hovering around $1.69 at press time.

Fetch.AI (FET) explodes by 35% in the past 24 hours alone as AI coins chart gains.

After the iconic update on Ethereum 2.0, the markets have become slightly certain about the upcoming price action. Meanwhile, the Ethereum-based tokens demonstrated remarkable strength, specifically the AI- tokens, which have recently lost some traction. Among them, the prices of Fetch.

The crypto prices today have encountered slight volatility, with Bitcoin (BTC) and Ethereum (ETH) consolidating near the previous day's price levels. Altcoins Solana (SOL), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), and others mainly witnessed a bearish movement.

The analyst/host of The House of Crypto took to his latest video and said that there's potential for a massive bounce back for altcoins, particularly as Bitcoin dominance appears to be declining. Historically, this has signaled the onset of an altcoin season.

Amid an overall market downtrend, crypto assets based on artificial intelligence (AI) have exhibited substantial gains, fueled by the AI frenzy permeating the traditional finance and crypto markets. This surge has been further augmented by the continuous rally of tech company Nvidia, which recently claimed the world's most valuable company title, with its soaring share price reaching an all-time high.

Following the increased demand and development of Artificial intelligence, AI cryptos are the new add-ons to the crypto industry. These AI cryptocurrencies have implemented AI in various ways to help out traders, especially with price predictions.