{{COIN_FULL}} Price Prediction 2025, 2030, 2035
The price of {{COIN}} today is {{PRICE}}, changing within the past 24 hours for {{CHANGE}} and {{CHANGE_7D}} over the week. {{COIN}}’s price action is characterized by the {{SENTIMENT}} sentiment.
The current volatility index for {{COIN}} is measured at {{VOLATILITY}}. {{COIN}}’s circulating supply is {{COUNT}}. In the big picture, the highest price {{COIN}} has reached is {{ATH}} and its lowest observed price was {{ATL}}.
Disclaimer
This information is not financial or investment advice. When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis of your own research and at your own risk.
{{COIN}} Price Prediction for Today, Tomorrow, & This Month
In the short term, due to the {{COIN}} sentiment leaning {{SENTIMENT}}, the price prediction for today, tomorrow and the next few weeks is as follows:
Yearly {{COIN}} Price Forecast
Right now, technical indicators suggest that the price action is {{SENTIMENT}}. For as long as over the next few months, it can have a bearing on the short-term {{COIN}} forecast.
Longer time frame analysis suggests short-term trend changes with sustained long-term momentum.
{{COIN}} Sentiment
Which way the market swings today? Overall, technical indicators show that currently, the sentiment in the {{COIN}} markets is {{SENTIMENT}}. The Fear and Greed Index for {{COIN}} today is in the {{FEAR_GREED}} zone.
Moving Averages of {{COIN}} Today
One of the most versatile technical indicators for both short-term and long-term analysis is moving averages. They track the price of an asset over a certain period of time, grounding their results in historical analysis.
A simple moving average (SMA) is an average of the prices for the specified period (i.e. an SMA 20 indicator tracks averages the price for the past 20 days). Exponential moving averages (EMA) take SMA as a basis but give more weight to more recent prices.
Once these are calculated, traders use them to check whether the current price trend is bullish or bearish. Neither SMA nor EMA is the more informative one as these indicators work best in tandem.
More Technical Indicators for {{COIN}}
For a more detailed breakdown of the technical indicators one-by-one, refer to the table of {{COIN}} technicals today.
All You Need to Know About the ASI Token Merger
What is the Artificial Superintelligence Project?
Source: Artificial Superintelligence Alliance on X
In March 2024, three AI-adjacent blockchain projects: Fetch.ai, SingularityNET, and Ocean Protocol announced the creation of the Artificial Superintelligence (ASI) Alliance. The three projects pledge to join efforts to ensure that the imminently emerging artificial general intelligence (AGI) and superintelligence are open, decentralized, and built to benefit humanity.
In the meantime, ASI Alliance will act as an ecosystem that combines the ecosystems of the original platforms.
- Fetch.ai is a network of autonomous machine-to-machine nodes, powered by the Multi-Agent Systems (MAS) and blockchain technology. The FET tokens pay for deploying modular components and secure the Cosmos-based blockchain through staking.
- SingularityNET is a launchpad for decentralized AI products and applications and the infrastructure for them to interact. Their native token AGIX acts as the currency of the platform.
- Ocean Protocol builds a data economy platform to connect owners of sought-after datasets and interested parties. The latter pay the former in the OCEAN token, so its main use case is monetization.
How is This Merger Beneficial?
The three blockchain projects have already been partners in the AI sphere. A single, unified ecosystem will provide their users with better interoperability and collaboration. The latter is particularly important in the stated goal of the ASI Alliance: acceleration toward decentralized AGI and the next stages of its evolution.
Due to the sheer scale of the endeavor, the merger and migration will occur in a few phases. On July 1, when the first phase starts, OCEAN and AGIX will initiate migration to FET through the SingularityDAO dApp. The conversion rates into FET and ASI are the same as outlined above.
FET holders will need to take action when the second phase begins. In this phase, AGIX and OCEAN conversion to FET will be stopped and the migration will happen directly to ASI contracts.
New ASI Token Stats and Figures
Token mergers are not unheard of in the crypto space: Klaytn-Finschia (Kaia) and Mantle-BitDAO deals are a couple more examples. The biggest question with a merger of such a scale is how the new tokenomics are supposed to work.
The total supply of the ASI token is going to be 2.63055 billion. With token supplies of 2,630,547,141 FET
with 1,419,566,631 AGIX and 1,408,900,141 OCEAN on top, how will the conversion work?
- FET tokens migrate to ASI without denomination, in the 1:1 ratio. The current circulating supply of nearly 850 million FET becomes 850 million ASI.
- AGIX tokens migrate to ASI in a 1:0.43335 ratio, or 1 AGIX = 0.4335 ASI. The current circulating supply of nearly 1.29 billion AGIX becomes roughly 558 million ASI.
- OCEAN tokens migrate to ASI in a 1:0.433226 ratio, or 1 AGIX = 0.433226 ASI. The current circulating supply of nearly 568 million OCEAN becomes roughly 246 million ASI.
- This makes the starting supply of ASI roughly 1.652 billion tokens, or 62.8% of the total supply. The tokens that were never released by AGIX and OCEAN are to be burned.
How will the FET/AGIX/OCEAN supplies be distributed in the ASI total supply? Here is a visualization.
The ASI Alliance expects the merger to combine the total values (i.e. market capitalizations) of three projects and more. Fetch.ai today has $1.352B, SingularityNET has $852M, and Ocean Protocol has $374M, bringing the total to $2.58B. Theoretically, this would place it between Arbitrum’s token ARB and OKB at 35th place in the CoinMarketCap ranking today.
However, market capitalization, as we explained in other guides, is a relative value derived from the asset’s price-to-supply ratio. Will it be different if we rerun the numbers?
Let's assume ASI at launch were to cost as the average of current FET ($1.59), AGIX ($0.6605), and OCEAN ($0.652)
prices, adjusted for conversion. With ASI worth $1.54, its market capitalization with the estimated circulating
supply we got would be closer to $2,544 billion. Nevertheless, in the same ranking, it would land at 35th place
all the same.
As we can see, the new tokenomics accounted for the supply dynamics of all three cryptocurrencies. Moreover, the merger has the potential to make ASI more prominent due to the perceived value of the combined asset.
Frequently Asked Questions
What will happen to Fetch AI after the merger? What's happening to Fetch AI?
Fetch.ai is joining forces with SingularityNET and Ocean Protocol to establish the Artificial Superintelligence Alliance (ASI). Fetch.ai will change the branding on July 1, 2024, and cease to exist by the end of the merger.
Is AGIX merging?
Yes, the AGIX cryptocurrency is merging with FET and OCEAN to the $ASI token. ASI will have the same utility as the AGIX token. Starting from July 1, AGIX to FET conversion tool will be launched but holders will have the option to convert AGIX directly to ASI token when the second half of the merging process starts.
