Cryptocurrency enthusiasts witnessed a significant development today concerning three crypto assets. If realized, it would mean the unification of three projects in the crypto world. Moreover, a new token would enter the market. Let’s delve into the details of this development.
Three Altcoin Projects May Join Forces
According to reports, SingularityNET, FET, and Ocean Protocol are discussing a merger under a new ASI token, which would have a fully diluted value of approximately $7.5 billion.
The development has been warmly received in the crypto community, significantly impacting the prices of the involved cryptocurrencies. Notably, Ocean Protocol’s price soared by 30% to reach a price tag of $1.69.
On the other hand, the cryptocurrencies FET and SingularityNet also experienced price increases. At the time of writing, FET had risen by 15% to $3.30. AGIX was trading at $1.26, up by 10%.