šØMarket Collapse: A Turning Pointā¼ļø
The market experienced a sudden upheaval following an announcement from Binance, sparking widespread panic within the digital currency community. Attention quickly shifted to three digital currenciesāFET, OCEAN, and AGIXādue to news of their imminent delisting. The ensuing panic led to a mass sell-off, causing FETās price to plummet from 2.1 yuan to 1.1 yuan, casting a pall over the market.
However, this reaction stems from a misunderstanding. Binanceās announcement does not signal the end for these currencies but rather a strategic transformation. FET will serve as a bridge in a merger process that will ultimately result in a new digital currency, ASI. This is a period of transition, not termination.
For investors holding $FET , this is an opportunity for growth rather than a reason for alarm.
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