ASI Alliance Postpones Token Merger to July 15, Will Merge Three AI Tokens Into One Artificial Superintelligence Token ($ASI)

Initially scheduled to be finalized on June 13, the ASI Alliance has postponed its token merger to July 15. ASI's token merger will bring together three AI tokens: Fetch.ai ($FET), Ocean Protocol ($OCEAN), and SingularityNET ($AGIX) into one Artificial Superintelligence token ($ASI).

The ASI Alliance has postponed its token merger from June 13 to July 15.

The alliance is merging three AI tokens: Fetch.ai ($FET), Ocean Protocol ($OCEAN), and SingularityNET ($AGIX) into one Artificial Superintelligence token ($ASI).

Following the SEC’s approval of Form 19B-4 on May 23, which approved spot Ethereum ($ETH) ETFs, the Ethereum-based ERC-20 tokens will be available for users to swap their $FET, $OCEAN, and $AGIX tokens for $ASI.

The price of $ETH is likely to increase owing to the price of Bitcoin ($BTC) reaching its ATH of nearly $74K in March due to increasing $BTC ETF demands tied to the cryptocurrency.

ERC-20 meme coins, including $BYTE (+174.11%) and $HOPPY (+84.77%), have recently witnessed gains during the same period as the SEC’s approval of Form 19B-4.

The approval of ASI and ETH ETFs could also be what’s triggering WienerAI’s ($WAI’s) surge, another ERC-20 token, which recently raised $5.3M in its presale.

Both ASI and WAI leverage AI. ASI was developed to seamlessly facilitate and integrate interactions across AI services. Meanwhile, $WAI is getting ready to launch an AI-powered chatbot that proposes winning trades.

Let’s break down what the 3-to-1 token merger could mean for ERC-20 tokens like $WAI and beyond.

The ASI Alliance combines three major forces in the AI and decentralized landscape: $FET, $OCEAN, and $AGIX.

One key benefit of the tokens converging is the $ASI token, which will replace all tokens and combine them into one single ERC-20 token.

Since each token has a different market cap, they will be exchanged at different ratios: $FET will be swapped at a 1:1 ratio, while $AGIX and $OCEAN will be swapped at 1:0.43.

The implication of the ASI token merger in the Ethereum ecosystem is varied and could potentially:

Increase activity on the Ethereum network, including tokens, dApps, smart contracts, and more

Attract more AI projects (like WienerAI, which already offers ETH staking) to the Ethereum ecosystem

Possibly increase liquidity and prices for Ethereum assets

Improve interoperability within Ethereum, like seamless interaction between tokens and projects

WienerAI, which is currently in its presale, is thriving ahead of the merger.

Already, $WAI’s presale has hit $5.4M. The current price for one $WAI is $0.000717, and the price is set to increase in the next few hours. If you’re interested in buying $WAI, now might be a good time.

According to our price prediction, the price of $WAI could reach $0.02 by the end of 2030.

A total of 69B $WAI tokens are available, which are strategically distributed among different areas.

Another factor contributing to $WAI’s presale success is its roadmap, which includes a worldwide marketing campaign, takeover of the Ethereum network, token listings on CEXs and DEXs, debut of the AI trading bot, and more. The project is focused on long-term growth, stability, and expanding its reach with strategic partnerships.

In essence, the merging of blockchain technology and AI through initiatives like ASI and $WAI reflects investors’ desire for innovative technologies and projects with utility rather than those that depend on hype alone.

$WAI has already raised $5.3M in its presale, reflecting investor interest in the Ethereum blockchain network.

As always, we remind you to DYOR when investing in cryptocurrencies because the market is highly volatile.