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SingularityNET, Fetch.ai, and Ocean Protocol have emerged as one of the most promising cryptocurrencies over the past few weeks. The usage of crypto has surged, and now leading automobile and other companies have started accepting crypto as payment.
All three of them, including SingularityNET, Fetch.ai, and Ocean Protocol, plan to combine all three tokens into an AltSignals (ASI) Token. As per the information, ASI token will have a diluted valuation of $7.5 Billion.
As per leading media outlets, the deal might get a green signal soon; as of now, the further proceedings are based on companies’ approvals and other formalities. Even after the agreement, all these will function individually as well.
Other News
Earlier this week, a renowned crypto media outlet reported that a university in Pakistan had launched the nation’s first-based classes. Information Technology University (ITU) of Lahore is a famous Pakistan-based university.
Market Price Update
The market capitalization of the crypto sectors slips 1.66%. As of writing, it was $2.64 Trillion. Since the past few months, the market cap has been tumbling on its verge; in March 2024, it reached nearly $3 Trillion.
Bitcoin was up 9.77% over in the past seven days; it slipped 1.13% in the past 24 hours, trading at $70,097. Its market capitalization accounted for more than 51% of the entire market.
According to CoinMarketCap, at the time of writing, Fetch.ai (FET) was trading at $3.27, with an intraday growth of 11.34%. However, analysts claim that the recent news of the deal backs up the spike in the trading price.
FET is the 50th most prominent crypto token in terms of market cap. Its market cap grew 11.44% in the past 24 hours. Similarly, its trading volume has skyrocketed, adding 84%.
SingularityNET token price also grew; as of writing, it was trading at $1.33. It became the gainer list rank holder after adding 8.36% to its cost. The trading volume and market capitalization of the AGIX token surged 63.99% and 8.15% simultaneously.
CoinMarketCap data states that Ocean Protocol (OCEAN) price has flourished 23.46% in the past 24 hours and is trading at $1.49. Abnormal growth of 411% is seen in its trading volume and 23.79% in market capitalization.
Since the past few months, the motives and intentions of the leading crypto firms have changed; now, they aim to increase their adoption and usage. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) are among some of the most used crypto.
The 24-hour gainers list is led by Mantle (MNT) as its price grew 40.14%, Sui (SUI) 14.35%, Fetch.ai (FET) 11.54%, SingularityNET (AGIX) 9.36%, Litecoin (LTC) 6.75% and Beam (BEAM) 5.82%.
KuCoin Token (KCS) 14.38%, Kaspa (KAS) 9.97%, Floki (FLOKI) 7.80%, Conflux (CFX) 7.31% and Immutable lost 6.68%. Some
Disclaimer
The views and opinions stated by the author or any other person in this article are for informational purposes only and do not constitute financial, investment, or other advice.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
