Crypto Whale Moves $7.5M in AGIX and OCEAN to FET Amid ASI Merger
- The ASI token merger has started, consolidating AGIX and OCEAN tokens into FET in the first phase.
- A large whale transaction converted $7.5 million of AGIX and OCEAN into FET.
- Some exchanges delisted AGIX and OCEAN, while Coinbase offers a manual migration option for users.
The Artificial Superintelligence Alliance (ASI) has initiated its ambitious $7.5 billion token merger, commencing with the consolidation of SingularityNET (AGIX) and Ocean Protocol (OCEAN) tokens into Fetch.ai’s FET token.
This initial phase has already been confirmed through on-chain activity, signaling a major shift in the AI cryptocurrency landscape.
The Artificial Superintelligence Alliance (ASI) has initiated its highly anticipated token merger, starting with the consolidation of two AI token projects: SingularityNET (AGIX) and Ocean Protocol (OCEAN).
According to a post on X by analytics platform Scopescan, a significant whale transaction occurred, where 8 million AGIX tokens and 4.8 million OCEAN coins were converted into 5.6 million FET worth $7.5 million. The resulting FET tokens were then deposited into the Bitget exchange.
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