- OCEAN = 0.433226 FET; AGIX = 0.433350 FET.
- FET/USDC is down 4.28%. FET/BTC and FET/BNB are up.
- Withdrawals of OCEAN and AGIX might be suspended.
Binance has merged its three main AI tokens, Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX), into one token underneath the banner of the Synthetic Superintelligence Alliance. The transfer, which goals to foster innovation in AI and blockchain expertise, permits customers to deposit and withdraw the mixed FET token and streamline operations throughout these beforehand separate initiatives.
“Binance has built-in OCEAN and AGIX tokens into FET, utilizing the brand new venture identify Synthetic Superintelligence Alliance. FET token deposits and withdrawals are actually being accepted.”
Based on the announcement, customers can convert their OCEAN and AGIX tokens to FET tokens on the following charges via Binance’s conversion characteristic:
– 1 sea = 0.433226 FET
– 1 AGIX = 0.433350 FET
Nonetheless, after the combination, withdrawals of OCEAN and AGIX will not be doable.
Market response to the merger has been combined. The FET/USDC buying and selling pair was unstable, dropping 4.28% and at present buying and selling at $1.163. Conversely, the FET/BTC and FET/BNB pairs noticed slight positive aspects of 0.57% and 4.64%, respectively.
General, Fetch.AI’s FET has attracted vital consideration from each retail and institutional buyers, with a notable enhance in lively addresses.
Information platform Santiment lately famous that the community's exponential development was primarily pushed by FOMO (worry of lacking out) and can probably be short-lived. The token integration, initially scheduled for June, has been postponed to July, with market consultants warning that FET tokens might expertise elevated volatility till then.
The token integration is a part of Binance's broader plans to innovate and supply a seamless buying and selling expertise for its customers. The Synthetic Intelligence Superintelligence Alliance represents a strategic collaboration between the three initiatives, which might result in additional developments in synthetic intelligence and blockchain expertise.
Customers are suggested to observe Binance's official bulletins for extra info.
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