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Cryptorank

ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program

price analysis of the Fetch.ai (FET) token following the announcement of a $50 million buyback to support the ASI Alliance.
  • The Fetch.ai Foundation has announced a $50 million buyback program for its FET token.
  • The FET token is the core asset of the newly formed Artificial Superintelligence (ASI) Alliance.
  • The news has caused the FET price to rise nearly 5% as technicals show reversal signs.

As the United Arab Emirates plans to give an artificial intelligence a seat at its cabinet table by 2026, a different kind of AI revolution is consolidating power in the world of decentralized technology.

At the center of this AI revolution stands the Artificial Superintelligence Alliance (ASI), with FET from Fetch.ai as its beating heart. 

The Rise of ASI and FET’s Central Role

The Artificial Superintelligence Alliance, launched in 2024, is the result of a merger between Fetch.ai, SingularityNET, and Ocean Protocol, creatin…

The post ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3%...
Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

The market capitalization of the two largest stablecoins — USDT and USDC — reached ne...

ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program

price analysis of the Fetch.ai (FET) token following the announcement of a $50 million buyback to support the ASI Alliance.
  • The Fetch.ai Foundation has announced a $50 million buyback program for its FET token.
  • The FET token is the core asset of the newly formed Artificial Superintelligence (ASI) Alliance.
  • The news has caused the FET price to rise nearly 5% as technicals show reversal signs.

As the United Arab Emirates plans to give an artificial intelligence a seat at its cabinet table by 2026, a different kind of AI revolution is consolidating power in the world of decentralized technology.

At the center of this AI revolution stands the Artificial Superintelligence Alliance (ASI), with FET from Fetch.ai as its beating heart. 

The Rise of ASI and FET’s Central Role

The Artificial Superintelligence Alliance, launched in 2024, is the result of a merger between Fetch.ai, SingularityNET, and Ocean Protocol, creatin…

The post ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3%...
Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally

The market capitalization of the two largest stablecoins — USDT and USDC — reached ne...