$FET, $OCEAN, $AGIX

It was a surprise today that all three tokens of AI Alliance were on the gain list

But it’s been so long, it’s time to pull up

Since the news of the merger of the three tokens came out, there has been no weaker trend than these tokens in the entire AI track

Sorry🧎I misjudged

$FET: From the highest 3.48-->lowest 1.1, a drop of 69%

$OCEAN: From the highest 1.67-->0.47, a drop of 72%

$AGIX: From the highest 1.47-->lowest 0.46, a drop of 69%

This drop, it was said that after the merger, it could be on par with @OPENAI, but now it has shrunk by more than half

The dealer seems to have regarded the news as a signal flag for shipment, and the good news turned into bad news, so the gang leader was also trapped, although he pulled up the market

Let’s briefly talk about these three projects

$FET: A project aimed at building a smart economy, using artificial intelligence and blockchain technology to build a decentralized smart economy, and solve real-world problems by providing smart agents and autonomous economies. $OCEAN: Ocean Protocol, a decentralized data service protocol, on which a data market can be established to unlock sharing and selling data, making data shareable. $AGIX: A decentralized platform for artificial intelligence, which provides a series of services based on blockchain AI for institutions or individuals who do not have the conditions to independently develop artificial intelligence. The platform covers marketing, publicity, games, VR, personal assistants, unmanned driving and many other industries that require artificial intelligence participation. In short, it is an application store for AI artificial intelligence. Judging from the trend during this period, this kind of token is easy to go one-sided

Spiral up and fall into the abyss

Because these three tokens will be merged into ASI coin on July 1, but the ratio is different

The exchange ratio of the three tokens:

1 $FET = 1 $ASI

1 $OCEAN = 0.433226 $ASI

1 $AGIX = 1 $0.433350 $ASI

This leads to arbitrage opportunities between these three tokens

So often one token falls, and the other two tokens make up for the fall due to the exchange ratio

But similarly, if one token rises, the other two tokens will also make up for the rise due to the exchange ratio

So it is easy to catch up and go out of the big unilateral