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Fetch.ai Price Prediction: FET Soars 7% on AGIX, OCEAN Merge 2.0 DOGE Presale Provides Last Buying Opportunity

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Fetch.ai Price Prediction: FET Soars 7% on AGIX, OCEAN Merge 2.0 DOGE Presale Provides Last Buying Opportunity

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The price of Fetch soared 7% at 2:20 AM ET as trading volume increased by 70%.

Reports have emerged that the Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) ecosystems have come together to create a single token called ASI, an artificial superintelligence token.

In an announcement Wednesday, the three AI projects said they had entered into a proposed agreement to merge their tokens. This decision comes amid the growing popularity of AI solutions, and the web3 company is looking to lead the narrative.

The merger, which has a fully diluted valuation of $7.5 billion, will bring the power of blockchain to the world of AI, creating a new decentralized AI platform.

Specifically, the ASI Collective plans to “ensure that the Artificial General Intelligence (AGI) currently under development and ASI are not owned or controlled by any single party, thereby ensuring that there is no bias whatsoever. This means that the ASI token will be launched in a way that is not only open, but also democratic and decentralized,” said Dr. Ben Goertzel, founder and CEO of SingularityNET.

Building on web3’s principles of decentralization and privacy, this merger will foster a direct relationship between developers and users. “This will strengthen privacy while bypassing traditional gatekeepers,” said Humayun Sheikh, CEO and founder of Fetch.ai.

Specifically, any user holding FET, AGIX or OCEAN tokens prior to the Alliance Snapshot can request ASI from the Alliance Treasury Pool.

Fetch.AI Price Prediction When FET, AGIX, and OCEAN Come Together in Proposed Merger

Fetch.ai price is trading with a bullish bias and the market is favoring further upside. As can be seen from the rise in the relative strength index (RSI), rumor-driven buying is becoming more active as buying pressure increases.

The histograms of both the Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) indicators are blinking green. The position of this bar in positive territory indicates that the bullish trend is strengthening.

According to the Fibonacci indicator, the expected target for Fetch.ai price is $5.3742, which coincides with the 161.8% Fibonacci retracement level. Such a move would result in a rise of nearly 70% from current levels.

Nonetheless, it is important to note that this target is only valid if the broader market continues to perform strongly.

FETCH.ai Price

TradingView: FET/USDT 1-week chart

However, the Fetch.ai price may fall as traders begin to cash out the profits they have made over the past few days. This could push FET price down to $2.0816, which is the 61.8% Fibonacci retracement level. In a severe case, the market value of the AI ​​cryptocurrency could fall to the 50% Fibonacci placeholder $1.6931. A break and close below this level during the week invalidates the bullish argument.

What is noteworthy is that RSI is making lower highs while Fetch.ai price is making higher highs. This is a classic bearish divergence. If this trend continues, the price of Fetch may fall.

Meanwhile, the Dogecoin20 ICO is offering one last buying opportunity after selling out after raising $10 million in less than two weeks.

A promising alternative to Fetch.ai

DOGE20 is a powerful token for the Dogecoin 2.0 ecosystem, an upgraded version of Elon Musk’s favorite DOGE meme coin.

According to analysts, this Shiba Inu-inspired derivative could achieve greater success than its predecessors, including Shiba Inu and even Dogecoin itself. The project aims to be a greener version of Dogecoin and says it aims to “do only good things every day,” the same principles outlined in the Dogecoin manifesto.

Dogecoin 2.0 runs on Ethereum’s Proof of Stake (PoS) blockchain and offers a more environmentally friendly version of Bitcoin, the meme coin.

Recently, Coinbase Exchange, the largest trading platform in the United States, announced plans to list DOGE futures next week. This is an ideal time to buy DOGE20 because, as a Dogecoin derivative, you can profit from the rise in futures contracts.

Dogecoin20 addresses the flaws of Dogecoin, giving investors who missed DOGE a second chance. Take advantage of your last opportunity to participate in the pre-sale of Dogecoin20 before its launch on decentralized exchanges (DEXs) on April 20th, International DOGE Day.

DOGE20 pre-sale sells out after raising $10 million

Each DOGE20 token is still selling for $0.00022 and cryptocurrency analyst and YouTuber Jacob Bury has listed it as one of the best meme coins you can buy right now with a 100x potential.

There is a last chance to purchase DOGE20 before listing by visiting the project website and using your bank card or exchanging ETH, BNB or USDT tokens.

Visit DOGE20 here to purchase.

Also read:

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