The price of Artificial Superintelligence Alliance USD (FET) has been under pressure today, primarily due to concerns surrounding the recent tokenomics changes and the upcoming token merger involving Fetch.ai, Ocean Protocol, and SingularityNET. The market is reacting to uncertainties about how these changes might impact the liquidity and value of the FET token. The alliance aims to consolidate resources and expertise, but investors appear cautious as they await further details on the merger's implications.
The FET token has experienced a decline of 0.98% today, with its price currently at $1.273165. It reached a high of $1.324068 earlier in the day but also dipped to a low of $1.252614.