Let's talk about the FET project.

In the AI machine learning sector that emerged at the beginning of 2023, FET, due to burning money too quickly, chose to huddle for warmth—forming an "AI Super Alliance" with AGIX (which does AI agents) and Ocean (the data platform). Each of the three brings their strengths, making it a complementary collaboration.

But recently there was a problem. Ocean suddenly left the group and directly dumped all the FET tokens he had exchanged, causing the price to plummet. It's important to note that Ocean had previously exchanged his AGIX tokens for FET, so the selling pressure was significant.

But the story isn't over. The alliance immediately brought CUDOS in, which is a cloud computing platform that perfectly fills the gap in computing power.

The current situation is as follows: the alliance's new coin ASI has not been issued yet, but according to estimates within the industry, its market capitalization will start at least at 10 billion USD. Just look at projects like WLD that can sustain a valuation of 8 billion, while FET is just over 1 billion now. This valuation gap leaves quite a bit of room for imagination.

Of course, whether it can be realized is another matter. AI narrative is indeed hot, but in the end, it still depends on implementation capabilities.