Why Did FET Price Just Dump: Is Bittensor Crypto Stealing The Show From Artificial Superintelligence Alliance?

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What just happened to the FET price? Traders woke up to another shock in the AI crypto sector, as Fetch.ai’s FET token, now part of the Artificial Superintelligence Alliance (ASI), collapsed from $0.37 to $0.3, marking one of its sharpest drops since the crash on October 10, 2025.

The decline follows Ocean Protocol’s sudden exit from the alliance on October 9, 2025, shaking investor confidence in the decentralised AI merger between Fetch.ai, SingularityNET, and Ocean. Combined with broader market liquidations and the rise of Bittensor (TAO), investors are questioning whether the ASI vision can survive, or if TAO is becoming the new AI king.

What Triggered the FET Price Dump?

Both fundamental shocks and technical breakdowns fueled the FET price dump. After Ocean Protocol withdrew from the ASI alliance, the project lost a critical decentralised data partner, unravelling nearly a year of collaboration. This triggered a cascade of sell-offs as traders interpreted the move as a blow to ASI’s long-term roadmap.

Not only did Ocean Protocol withdraw from $FET's "Artificial Superintelligence Alliance"

But now they've spoke with @BarrySilbert and are exploring the creation of their own subnet on #bittensor

They should drop the $OCEAN token and go full alpha

One by one.. $TAO pic.twitter.com/tVpSATTWRb

— ＤＲＥＡＤＢＯＮＧＯ (@DreadBong0) October 10, 2025

Hours ago, the price dipped more than 17% breaking key support, leaving Artificial Superintelligence Alliance FET $0.3182 13.93% Artificial Superintelligence Alliance FET Price $0.3182 13.93% /24h Volume in 24h $220.12M Price 7d Learn more holders in disbelief. That happened in a series of fundamental and geopolitical changes, causing the FET price to tank.

On a daily time frame, we can see that the next support that we can expect to play a role is the accumulation zone from the end of 2023, from $0.26 to $0.2. The RSI indicator is already hitting the second time oversold regions with significant spot volume pushing the price down.

(Source – TradingView)

In a 4-hour time frame, the MACD indicator is already showing some signs of reversal. This means the price may bounce back earlier than expected. Previous support is now resistance to look for, also combined with the POC line of the Volume profile.

(Source – TradingView)

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Is the Artificial Superintelligence Alliance Losing Momentum?

The Artificial Superintelligence Alliance (ASI) was designed to unite the top decentralised AI protocols – Fetch.ai, SingularityNET, and Ocean Protocol into a single interoperable framework. But Ocean’s withdrawal has fractured that narrative, sparking community FUD and triggering panic among retail investors.

FET’s market rank fell from 39th to 129th between late 2024 and mid-October 2025, according to Coingecko, reflecting the steep loss of market confidence. The alliance’s promise of “unified AI infrastructure” now faces scepticism as key integration stalls. Traders on X accuse the Ocean team of dumping tokens via FET pairs, amplifying sell pressure.

Official: @oceanprotocol is dumping $FET on community . $ASI alliance restructuring in process https://t.co/QTjpLNKv09

— Block_Diversity v.8 (@i_bot404) October 15, 2025

Despite this, some fundamentals remain intact. Fetch.ai still powers autonomous agent frameworks and innovative city applications, while SingularityNET continues to drive AI marketplace integrations. Analysts suggest the alliance could rebound if a clear roadmap update or governance reform emerges post-Ocean. Until then, ASI risks being overshadowed by competitors with cleaner structure and stronger narratives – most notably, Bittnesor (TAO).

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Is TAO Stealing the Spotlight from ASI?

While FET struggles, BitTensor TAO $459.42 3.82% BitTensor TAO Price $459.42 3.82% /24h Volume in 24h $803.66M Price 7d Learn more has surged into the spotlight as the strongest decentralised AI contender of 2025. Trading near $465 with a $4.4 billion market cap, TAO has quadrupled ASI’s combined value and continues to attract institutional and retail interest.

Its upcoming halving event on December 12, 2025, will cut issuance from 7,200 TAO to 3,600 per day, reducing annual inflation from 8% to 4%, a move analysts expect to push TAO toward $1,000 by year-end.

(Source – bittensorhalving)

What truly separates TAO is its subnet ecosystem, which allows independent AI projects to launch scalable networks for GPU compute, trading models, drug discovery, and code generation. This modular design, paired with strong demand for decentralised compute, positions TAO as a utility-driven rival to ASI’s fragmented merger structure. Community sentiment reflects this divergence,” while FET holders are frustrated by repeated dips, TAO holders are calling it ‘the Bitcoin of AI”.

So, is Bittensor stealing the show? Not officially, but by every performance metric, it’s leading the decentralised AI narrative while FET and the ASI alliance try to regain balance. If FET’s tokenomics reset and TAO’s halving fuel further momentum, the AI crypto race could define the next phase of altcoin season.

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