Fetch.ai Update: Merger, Token Swap, and Rebrand!

- Price Update: Fetch.ai's token (FET) is facing a dip, with support at $1.38. A drop below this could lead to a longer recovery.

- Merger and Token Swap:

- Big news! Binance is backing the merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) with Fetch.ai.
- Here's the conversion rate:
1 OCEAN = 0.433226 FET
1 AGIX = 0.433350 FET
After the merger, FET will be rebranded as ASI (Artificial Superintelligence).

- How to Convert Your Tokens:

- Most exchanges will automatically convert your OCEAN and AGIX to ASI.

- Fetch.ai will provide a manual conversion option for users on non-supporting exchanges.

Why the Merger and Rebrand?

This creates a powerful, unified AI ecosystem with combined resources and tech.Aims for a more decentralized and open AI landscape.Boosts scalability and efficiency for handling complex AI tasks.$ASI will be the new currency for the network.Positions the alliance to compete with major tech companies in AI development.

Impact and Future:

The merger promises advancements in AI through decentralization, security, and transparency.The ASI Alliance aims to accelerate the development of Artificial General Intelligence (AGI) and wider adoption of AI.Despite the current price dip, Fetch.ai is tied to major cryptos and could rebound with a market upswing.

Remember: Always do your own research (DYOR) before making any investment decisions.

Hashtags: #Cryptocurrency #AI #DeFi #Merger #IntroToCopytrading