Fetch.ai (FET) Price Prediction for 2024, 2025, 2030, and 2040 With Consideration of ASI Merger

July has kicked off, bringing one of the biggest crypto mergers of the year!

We are talking about the highly anticipated Artificial Superintelligence Alliance, which will combine Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) into a single AI Superintelligence Alliance. This epic merger will eventually be renamed FET tokens to ASI tokens.

Until then, all eyes are on FET, and to keep you in the loop, here is a detailed FET price prediction (soon ASI price prediction). It will explore the possibilities around FET price after the merger and tackle the burning question: Will Fetch.ai reach $100?

Before discussing the FET price after the merger, let's understand it as an individual project.

Fetch.ai (FET) Overview

Fetch.ai is an AI lab that helps people and organizations automate everyday tasks and financial operations in a decentralized way. Be it automating financial tasks on DeFi in predefined conditions or performing everyday tasks like booking flight tickets, Fetch.ai builds, deploys and monetizes multiple kinds of AI apps, services and integrations.

Founded in 2017, Fetch.ai combines an open and permissionless machine learning network with a crypto economy to offer democratized AI access so anyone can optimize DeFi trading and other everyday services. It has four key components—the AI Agents, the Agentverse, the AI Engine, and the Fetch network—to merge AI with a decentralized crypto economy.

AI Agents are generators with independent decision-making skills that allow them to perform actions on behalf of the individuals or organizations they serve. Having an AI agent works similarly to having a digital personal assistant who gets you and makes capable decisions on your behalf. The second component of the Fetch.ai ecosystem is Agentverse. It is a SaaS (Software as a Service) platform for AI agents where anyone can develop, deploy and manage simple to complex AI Agent solutions conveniently.

The next step is the AI engine, which intersects AI efficiency with human inputs. It converts your commands and queries to actionable tasks and sends them to the right AI Agents. In other words, an AI Engine works like a translator that connects human words to AI actions. The Fetch.ai network connects all three components by intertwining them into an ecosystem.

FET is Fetch.ai's native token, powering the internal economy. Users are required to spend FET tokens to leverage the products and services in Fetch.ai. In return for staking their FET tokens and contributing to network governance, they can earn an annual interest. The total supply of FET tokens is 2,630,547,141.

Now, let's discuss the Artificial Superintelligence Alliance, its upcoming ASI token launch date, and the FET price after the merger.

Artificial Superintelligence Alliance and ASI Token Launch

On March 27, 2024, the Ocean Protocol team posted on Medium about the groundbreaking merger of three AI protocols—Fetch. ai, Ocean Protocol, and SingularityNET—to form the Artificial Superintelligence Alliance (ASA).

According to the post, the merger combines their utility tokens to create the largest and most open-source crypto entity in research and development. At the time of this ASA merger announcement, the combined market cap of $FET, $OCEAN and $AGIX was nearly $7.6 billion.

Among these three, SingularityNET (SNET) is the world's first decentralized Artificial Intelligence (AI) network, while Fetch.ai is a Web3 platform for the AI economy. The last participant, Ocean Protocol, is a platform focusing on data exchange while protecting data. Their multi-billion dollar merger was announced to accelerate the progress in Artificial General Intelligence (AGI).

This alliance will merge FET, OCEAN, and AGIX tokens to form a new token that will work across the combined AI network with higher power and efficiency.

On April 16, 2024, The Artificial Superintelligence Alliance approved the new project name, Artificial Superintelligence, with a new token ticker, ASI. They decided after voting from constituent Alliance communities (Fetch.ai and SingularityNET). The new coin will likely position itself in the top 20 largest cryptocurrencies by market capitalization.

The CEO of Fetch.ai, Humayun Sheikh, became the new chairman of the Artificial Superintelligence Alliance.

The Artificial Superintelligence Alliance token merger will take place as follows-

• $FET token will migrate to $ASI at 1 $FET to 1 $ASI conversion rate.
• $AGIX token will migrate to $ASI at 1 $AGIX to 0.433350 $ASI conversion rate.
• $OCEAN tokens will migrate to $ASI at 1 $OCEAN to 0.433226 $ASI conversion rate.

On May 29, 2024, Fetch.ai announced that the Artificial Superintelligence Alliance (ASI) merger would be completed on June 13, 2024, as decided by the three projects. Since then, the market has expected big changes in the FET price after the merger. However, as the date approached, the project announced a revised date of July 15, 2024. Sharing the details, Fetch.ai stated that the schedule adjustment was necessary to accommodate the logistical requirements and technical dependencies of exchanges, participants, and collaborators.

In the most recent update launched on July 1, 2024, the Artificial Superintelligence Alliance shared that SingularityNET's AGIX and Ocean Protocol's OCEAN tokens have started to merge into FET tokens.

Throughout this conversion, the trading of FET will remain uninterrupted. Additionally, the FET token has begun to be rebranded as the Artificial Superintelligence Alliance across multiple platforms.

In the announcement, Fetch.ai also shared that crypto exchanges have slowly started to delist AGIX and OCEAN tokens. The migration of AGIX and OCEAN has also begun on the SingularityDAO dApp.

Once this phase finishes, the ASA will roll out Phase II of this merger, which will involve community onboarding and deployment of the new ASI tokens. The alliance will prioritize self-custody holders and ASI deployment to multiple chains. This phase will also include the new migration contracts for the AGIX and OCEAN tokens that are yet to be converted to FET.

Additionally, all FET mainnet tokens will automatically turn into ASI tokens. The migration contracts for the old tokens to new ones will stay open for years, giving the holders enough time to convert their holdings. However, the exact time of this phase II is yet to be announced at the time of writing.

Fetch.ai (FET) Price Prediction 2024

The biggest factor contributing to our FET price prediction 2024 is the strong possibility of a change in the FET price after the merger. This is because the first phase of this merger involves the conversion of two projects' utility tokens, OCEAN and AGIX, to convert completely to the FET tokens temporarily.

On July 1, 2024, those who hold OCEAN or AGIX tokens on Exchanges had their holdings automatically and temporarily converted to FET as per the pre-decided proportion. They were not required to follow any steps for this conversion. The FET token holders also did not have to take any action during the first phase of the merger.

Once the second phase begins, FET will rebrand to ASI tokens across all major crypto platforms. Those who have self-custody of OCEAN and AGIX tokens will be required to transition through the newly launched Singularity DAO conversion portal. This portal will open for years so they can convert their self-custodial holdings of OCEAN and AGIX as they please. Those self-custody of FET tokens will automatically upgrade their funds to ASI once the Fetch.ai network upgrade is completed. This process will likely begin by mid-July. Once this merger finishes successfully, there will be a total of 2.63055 billion ASI tokens.

With the beginning of the first phase of this ASA merger, the FET price is experiencing higher volatility and fluctuations, a common occurrence after such events. Within hours after the merger began, the FET price experienced a steep decline of 9%. This fall came despite the ambitious plans of the ASA (Artificial Superintelligence Alliance). This notable market reaction post-launch of the first phase may have come from the previous delays, which the Fetch.ai team blamed on logistical and technical work. Investors' concerns and doubts regarding the merger's successful execution may have also contributed to this sell-off.

Another significant reason for the fall in FET price is the revelation by multiple leading crypto exchanges that they do not support the ASI merger. These exchanges would require their users to migrate their tokens manually, making the process complicated and lengthy, which may have dampened the excitement. Moreover, this lack of support by a few exchanges also hinted towards the possible underlying concerns about the successful execution of the merger in the long run.

If the sell-off continues, the FET price can fall below its key support of $1.15, which can soon be followed by the FET price testing another support near $1.

According to TradingView, the recent decline in the FET price can continue, and the asset may find support at nearly $1.065. It also stated that if FET fails to stabilize at this price point, it can fall even lower to February lows of $0.51. The initial excitement about this merger may have also been muted due to widened bearish market sentiments due to bulk Bitcoin sell-offs by Germany and Mt.Gox. While there are many reasons, the baseline stands at FET price, struggling to give a much-expected breakout anytime soon.

However, several market analysts have also given optimistic FET price predictions for 2024. One such analyst is Altcoin Sherpa, who forecasted a possible resistance for FET at nearly $1.90. He also suggested that if FET manages to surpass this price point, it can rally even higher to hit the $2.49 level.

Therefore, the FET price prediction for 2024 will eventually depend on whether or not ASA (Artificial Superintelligence Alliance) delivers its big promises about the future of advanced AI. However, note that the AI space in crypto has been one of the top-performing classes this year. Thus, our long-term perspective of FET price prediction remains bullish.

Considering all these factors and aspects, our FET price prediction for 2024 in USD is—$4 (maximum), $1.8 (minimum), and $2.5 (average).

The same FET price prediction for 2024 in INR is - INR 334 (maximum), INR 150 (minimum) and INR 208 (average).

Fetch.ai (FET) Price Prediction 2025

Regarding the FET price prediction for 2025, we expect an even more bullish performance. The key reason is the strong changes in market sentiments that might turn positive by then. Multiple crypto analysis sites have predicted that a bull run can begin or even find its top in 2025. If that turns out as expected, the FET price can also benefit significantly.

Additionally, a recent report published by Grayscale suggests that AI has been a dominant market theme during this cycle, followed by meme coins, DeFi, ETFs, and blockchain gaming. In fact, top AI-related tokens have outperformed the crypto sector market index with significant margins.

Thus, the next crypto bull run can bring substantial upsides to the FET price, especially after the merger.

Analyzing these factors, our Fetch.ai (FET) price prediction for 2025 in USD is - $10 (maximum), $5 (minimum) and $7.5 (average).

When converted to INR, this Fetch.ai (FET) price prediction for 2025 becomes- INR 835 (maximum), INR 417 (minimum) and INR 626 (average).

Fetch.ai (FET) Price Prediction 2030

The solid long-term potential of AI as an industry makes our FET price prediction bullish for 2030 too. As per various industry experts, the AI revolution has just begun and is yet to peak in the upcoming decades. With projects like Ocean and SingularityNET backing the new ASI token (currently known as FET), we expect it to become one of the top fifteen crypto projects by 2030.

Since the currency merger of OCEAN, FET, and AGIX will make the new ASI token one of the top 20 cryptocurrencies by market cap, the new token will have a high potential to maintain the interest of AI enthusiasts in the long run.

However, the possibility of new or better AI and crypto fusion tokens taking over ASI is also partially out of the question. Another factor to remember is the crypto market cycle that may lead to one more bullish cycle by 2030.

Balancing out all these factors, our Fetch.ai (FET) price prediction (ASI price prediction) for 2030 in USD is - $45 (maximum), $29 (minimum) and $37 (average).

This Fetch.ai (FET) price prediction for 2030 in INR is - INR 3,757 (maximum), INR 2,420 (minimum) and INR 3,090 (average).

Fetch.ai (FET) Price Prediction 2040

Looking ahead to 2040, the potential for Fetch.ai's native token, FET, remains significant. By 2040, AI integration within decentralized ecosystems will likely be more advanced, solidifying the ASI token's (formerly FET) position as a key player in the AI-crypto space. However, the anticipated growth in AI-driven applications and the successful execution of the Artificial Superintelligence Alliance (ASA) merger will be critical factors driving this long-term prediction.

After analyzing these factors individually, our Fetch.ai (FET) price prediction for 2040 in USD is—$70 (maximum), $58 (minimum), and $65 (average).

This FET price prediction for 2040 in INR equates to INR 5845 (maximum), INR 4843 (minimum) and INR 5427 (average).

Below is a compiled table of all Fetch.ai (FET) price predictions (ASI price prediction) for 2024, 2025, 2026, 2030, 2040, and 2050 in USD:

The same FET price prediction in INR for these years is as follows:

NOTE: All INR price predictions in this FET Price Prediction (ASI price prediction) blog are based on the current USDT-INR exchange rates (1 USDT = INR 83).

Will Fetch.ai Reach $100?

Fetch.ai is undergoing a major merger in July 2024. Its native token, FET, will soon be rebranded to the ASI (Artificial Superintelligence) token, merging the market caps of OCEAN, FET, and AGIX. At the time of writing, the OCEAN and AGIX tokens have already started to migrate as FET in fixed proportions. Soon, the FET token will be rebranded to the ASI token, indicating the competition for this merger. As part of this merger, 1.48 billion new ASI tokens will be mined, with 867 million ASI allocated to AGIX holders and 611 million ASI allocated to OCEAN holders. It will bring the total supply of ASI (currently known as FET) to 2.63 billion. With this supply, FET will need a market cap of $263 billion.

FET's current market cap is only $2.92 billion, which is only 1% of the required market cap. This indicates that for FET to reach $100, it will require a substantial fund inflow.

Given the current market conditions, which look bearish for the short term, Fetch.ai (FET) receiving such an exponential fund inflow is not plausible anytime soon. However, if the market unfolds in its favour in the long term, FET's price may reach the $100 mark in the upcoming decades, though the chances look extremely low.

Can Fetch.ai (FET) Reach $10?

Regarding Fetch.ai (FET) reaching $10, it is an achievable goal. The current ATH of FET before the merger is $3.47.

FAQs

What is the ASI token?

ASI stands for Artificial Superintelligence Alliance token. It is the result of the merger between three AI crypto projects and their native tokens. These projects are - Ocean Protocol (OCEAN), Fetch.ai (FET) and SingularityNET (AGIX). These three projects made the Artificial Superintelligence Alliance with a new native token, ASI. The alliance began the transition of OCEAN, FET and AGIX tokens into ASI on July 1, 2024. First, the OCEAN and AGIX tokens will convert to FET tokens per their value proposition. Then, FET tokens will rebrand to ASI tokens by mid-July. The total supply of ASI tokens will be 2.63 billion.

How to buy an ASI token in India?

All the current FET tokens will eventually convert to ASI tokens when the second phase of the ASI merger begins. Therefore, you can buy FET tokens from a trusted FIU-registered cryptocurrency exchange like Flitpay to then let it convert to ASI tokens.

To buy Fetch.ai (FET) tokens in india:

1. Register on Flitpay and create an account.

2. Verify your identity through Know-your-customer (KYC)

3. Add INR or Fiat currency, corresponding to the amount of FET tokens you want to buy.

4. Instantly buy FET with the deposited funds.

What will happen to the FET token after the ASI merger?

Once the Artificial Superintelligence merger finishes, FET tokens will convert to the equivalent amount of ASI tokens. That's because ASI is the rebranded name of the FET token after Fetch.ai allied with the Ocean Protocol and SingularityNET. Therefore, all the FET tokens will be rebranded as ASI (Artificial Superintelligence Alliance) tokens.

What is ASI token price prediction?

ASI token price prediction is the same as the FET token price prediction since the FET token is undergoing a rebranding to ASI token. This rebranding will likely finish by mid-July, after which the FET token will be known as the ASI token.

Having said that, ASI token price prediction for 2024, 2025, 2030 and 2040 is as follows-

ASI token Price Prediction 2024 - $4 (max), $1.8 (min) and $2.5 (avg)

ASI token Price Prediction 2025 - $10 (max), $5 (min) and $7.5 (avg)

ASI token Price Prediction 2030 - $45 (max), $29 (min) and $37 (avg)

ASI token Prediction 2040 - $70 (max), $58 (min) and $65 (avg)

What will happen to the Fetch.ai (FET) price after the merger?

FET price after the merger can become extremely volatile in the short term due to the mixed sentiments by the community. While various crypto exchanges supported this merger, many refused to do the same. On the other hand, the wider market sentiments are also weak due to high selling pressure on Bitcoin from the German government and Mt.Gox users. However, if we talk about the long-term FET price after the merger, it is likely to have a positive impact.

Read More Crypto Price Predictions to decide the best crypto to buy for the long term.

Discover More:

Top 10 AI Crypto Coins to Invest in 2024

Hamster Kombat: Definition, Use-cases, Launch Date and Price

NEAR Price Prediction Will Near Protocol Reach $100?

Shiba Inu Price Prediction 2024-2050. Will Shiba Reach $1?

Ripple (XRP) Price Prediction 2024, 2025, 2026, 2030, 2040 and 2050