Fetch.ai recently transferred 5 million FET tokens, valued at approximately $7 million, to DWF Labs’ Binance deposit address.
Notably, a similar transaction occurred three weeks ago. Since this latest transfer, FET’s value has dropped by 4.47%. Earlier this year, DWF Labs, acting as a market maker for FET, actively traded in sync with market movements, driving the token’s price up by an impressive 543% in February.
两小时前 https://t.co/onf4I4KTNo 多签地址向 DWF Labs 币安充值地址转移了 500 万枚 FET，约 700 万美金🔍而三周前项目方也有过相同操作
距离代币充值到现在，FET 已下跌 4.47%；DWF 作为 $FET 的做市商，曾在今年二月配合行情频繁交易，助推币价暴涨 543%📈
钱包地址 https://t.co/Jg1njYKgsx https://t.co/ZP2s7rDupt pic.twitter.com/3fLik6g9Z5
— Ai 姨 (@ai_9684xtpa) November 26, 2024
In parallel, a groundbreaking development has emerged within the Injective ecosystem. The ASI Alliance, comprising Fetch.ai, SingularityNET, and Ocean Protocol, has activated AI-powered Inter-Blockchain Communication (IBC) channels. This collaboration aims to enhance interoperability and innovation, laying the foundation for the creation of decentralized Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI).
Following the unanimous approval of ASI’s Governance Proposal 30, the partnership is unlocking new opportunities for developers and users alike.
Benefits of the Collaboration
1. Token Trading Access: ASI’s native token, $FET, can now be traded seamlessly on Injective’s decentralized exchange, HelixApp.
2. AI-Powered Development: Developers gain the tools to build AI-driven strategies and enhance dApps and products with cutting-edge AI technology.
3. Liquidity and DeFi Opportunities: ASI Alliance users can leverage their tokens within the Injective ecosystem for liquidity provisioning, borrowing, and trading.
AI technology on Injective !i🤖@injective and @ASI_Alliance have activated AI-powered IBC channels, enabling greater interoperability and innovation.
A short introduction to the Artificial Superintelligence Alliance
➭ The ASI Alliance, formed by @Fetch_ai, @SingularityNET… pic.twitter.com/HbN85fQhtR
— Amit || 🥷 (@amit_12x) November 27, 2024
This collaboration represents a significant step toward merging AI advancements with decentralized finance, fostering a future where AI-driven solutions are seamlessly integrated into blockchain ecosystems. With Fetch.ai’s active engagement and the ASI Alliance’s innovative vision, the Injective network is poised to lead in decentralized AI development.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: wirestock/123RF // Image Effects by Colorcinch
