We saw a new level of fear yesterday. In just 24 hours, the $BTC volume increased by over 50% Those are good numbers for bulls, almost too good to be true…
Latest insights on the ASI Alliance from the recent AMA: ▫️ The ASI Alliance will keep the $FET ticker for the foreseeable future to minimize disruption that can occur with the deployment of a new ticker. Read more about this further below ▫️ 50% of $OCEAN and $AGIX have already been migrated to $FET . No need to rush or panic to migrate your $OCEAN and $AGIX as their is no set timeframe to do so. ▫️ New members are joining the alliance to further maximize the tech stack, which will only solidify the undeniable power house that is being built with the ASI Alliance - $INJ ? ▫️It was mentioned that Grayscale likely delayed adding $FET to the #AI fund pending merger clarity. With $FET now the official ticker, renewed interest is expected ▫️ Significant increase in interest and proposals from companies potentially working with the alliance, with major partnerships already on the horizon ▫️ Their has been a surge in developers actively building on the network ▫️ Incentives are being worked on by SingularityNET ▫️ $FET marketing campaign is in the works. This will help promote the ASI Alliance alliance and clarify to investors that the $FET ticker is here to stay ▫️A new roadmap is on the way: Tech developments, marketing ect From the sounds of it their is about to be a tidal wave of bullish news set to release in the coming weeks and months. Why keeping $FET as the ASI Alliance ticker is the best move and super bullish? As of this moment, the ASI Alliance merge is completed except for one cosmetic part: changing the ticker name from $FET to $ASI. Let’s look at why this decision not to proceed with the ticker change is a smart and bullish move: 1️⃣ Strong Brand Recognition: $FET has a massive following and is recognized as the top AI coin. Keeping the ticker retains this powerful brand. 2️⃣ Simplified Transition: Maintaining the $FET ticker makes the merger less complicated for traders, holders, and validators, ensuring a smooth transition without further issues. 3️⃣ Regulatory Relief: U.S. holders of $FET can breathe easy and stay on exchanges that were uncertain about supporting the ticker change to $ASI. 4️⃣ Focus on Development: The ASI Alliance team can now concentrate on enhancing utility, marketing, updates, and community building instead of dealing with ticker change logistics. 5️⃣ Market Stability: Avoiding a ticker change minimizes market disruption, maintaining stability and confidence among investors. 6️⃣ Liquidity Preservation: Keeping $FET ensures existing liquidity pools remain intact, benefiting both traders and the ecosystem. The decision to keep $FET as the ticker for the ASI Alliance is not just a practical one; it’s a strategic move that positions us for a powerful, unified future. #BinanceTurns7 #MtGoxJulyRepayments #ASILAUNCH #ASI #Artificiallnteligence
Keep an eye out for #AI Eventually it will take over. I'm Invested heavily in #ArtificialInteligence These are currently the biggest projects in this sector. Looking at the market cap you will notice we are still early.
$FET is holding strong. The predicted bottom is still valid. Let’s see what the migration of #OCEAN and #AGIX will do. When the merger is complete, I'm hoping for #ASI to build a strong consolidation around the $2 area.