$FET AI Token Surges with Potential for ASI Alliance, New Multi-Chain Meme Coin Emerges

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The $FET AI token, which serves as the cornerstone of the Artificial Superintelligence (ASI) Alliance, has experienced an astonishing surge of 46% over the past two weeks. This performance outshines any other digital asset linked to artificial intelligence within the top 100 cryptocurrencies by market capitalization. Notably, $FET’s overnight growth also eclipses that of market leaders. The token saw an overnight increase of 3.7%, bringing its current price to $1.20.

During the same period, Bitcoin ($BTC), the trillion-dollar leader of the crypto market, grew by only 1.3% to reach $58,573. Meanwhile, Ethereum ($ETH) showed a 2.6% increase, bringing its price to $2,519. In stark contrast, other prominent AI tokens like NEAR Protocol ($NEAR) and Internet Computer ($ICP) have remained relatively static over the past 24 hours, holding steady at $3.90 and $7.29, respectively.

Over the last two weeks, $NEAR has only managed a modest 2% gain after suffering an 18% drop in just one week. On the other hand, $ICP has seen a 10% decline over the past week but is up by 5% over the last fortnight.

**$FET AI and The ASI Alliance Price Performance**

The ASI Alliance was established as a merger of three significant AI crypto projects: Fetch.ai ($FET), SingularityNET ($AGIX), and Ocean Protocol ($OCEAN). The primary objective was to consolidate their resources to fast-track the development of decentralized artificial general intelligence (AGI). AGI represents a type of AI capable of learning autonomously. Once this level of AI is achieved, experts believe we will be on the brink of creating artificial superintelligence (ASI), with machines far surpassing human intelligence.

The ASI Alliance is committed to promoting decentralized development and open-source solutions. This ensures that AI development progresses safely, ethically, and transparently while democratizing access to AI resources for everyone.

The flagship token of the Alliance, $FET, plummeted to a recent low of $0.80 on August 5th. However, it staged an impressive comeback in late August, briefly surpassing $1.40. As we move into Autumn, $1.50 has emerged as a significant resistance level for $FET, indicated by the red line on charts. A rising relative strength index (RSI) of 57 offers $FET holders some reassurance that their assets are unlikely to depreciate overnight.

**Beyond AI: Multi-Chain Meme Coins**

Positioned at the intersection of two rapidly evolving technologies, AI tokens like $FET represent a robust investment in the future potential of Web3. Nevertheless, crypto investors should diversify their portfolios to capture emerging innovations within the sector. One such example is the new cross-chain meme coin Base Dawgz ($DAWGZ), which is currently in its pre-sale phase.

Base Dawgz primarily operates on Coinbase’s Ethereum Layer 2 solution, Base, but is also compatible with Ethereum, Solana, BNB Chain, Avalanche, and Polygon networks.

Launched on June 4th, Base Dawgz raised over $200,000 within minutes as investors rushed to acquire a multi-chain meme coin offering staking and share-to-earn capabilities. To date, it has raised $3.2 million.

The share-to-earn model is straightforward yet innovative. It places community members at the heart of Base Dawgz’s marketing strategy by rewarding them with points for sharing $DAWGZ-related content on social media platforms. This creates a more loyal meme coin community than even Dogecoin’s famed “Doge Army”.

Additionally, Base Dawgz offers enticing staking rewards of 714%, as stated on their presale website.

Investors have a unique opportunity to buy into this promising meme coin at a fixed pre-launch price of $0.008582. Multiple purchase options are available, including popular stablecoins like USDT and USDC, making the buying process both simple and secure.

However, only two days remain before the token’s price increases to the next fixed presale tier. This limited window means investors must act swiftly if they wish to secure a first-mover advantage in a meme coin with the potential to outpace all other $DOGE competitors.

By focusing on these evolving opportunities within AI and multi-chain technologies, investors can position themselves advantageously in the ever-changing landscape of digital assets.

  • Priyanka

    Priyanka works in NYC as freelancer editor for one of the famous entertainment news blog.

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