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These AI tokens challenge the cryptocurrency market and refuse to collapse!
5pm ▪ 3 minute read ▪ by Eddy S.
Amid a cryptocurrency market correction, several artificial intelligence (AI) tokens have shown impressive performance! Resist the general sales trend. Among them, Fetch.ai (FET), Ocean Protocol (OCEAN), SingularityNET (AGIX), and Arkham (ARKM) have seen significant increases in their value.
The ASI Alliance shows its strength before the big merger!
The FET crypto token has seen a 20% increase in the last 24 hours, with a current price of $1.69. OCEAN also followed a positive trend with a 15% increase in 24 hours, its current price is $0.68. Likewise, AGIX is up around 15.5% over the past 24 hours, currently trading around $0.68.
This increase in AI tokens follows the announcement of the Alliance for Artificial Superintelligence, including SingularityNET, Fetch.ai, and Ocean Protocol, which will begin ASI token merging on July 1st. Earlier this month, the crypto alliance announced that it would postpone the merger to July 15.
Another mainstream AI token, ARKM, the native token of the Arkham crypto platform, also saw a 16% increase in the last 24 hours. Currently, ARKM is trading around $2.
Even the main cryptocurrency collapses after this announcement
The rise in AI tokens comes despite a market correction early Monday after failing cryptocurrency exchange Mt. Gox announced its intention to repay his creditors up to $9 billion in July. The price of Bitcoin fell below $59,000 following this announcement. At the time of writing, BTC has rebounded to $61,122, and is up nearly 2% over the past 24 hours.
These developments highlight the growing interest in AI technologies in the cryptocurrency industry. But also, investor confidence in the potential of these tokens despite the market turbulence.
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Eddy S.
The world has evolved and adaptation is the best weapon to survive in this wavering universe. The crypto community manager at the base interests me in everything that touches or comes close to the blockchain and its derivatives. With a view to sharing my experience and getting to know a domain that I am passionate about, I find myself writing informative and décontractés a la fois articles.
DISCLAIMER
The views, thoughts and opinions expressed in this article are solely those of the author and should not be relied upon as investment advice. Do your research before making any investment decisions.