On July 1, FET started the ASI token merger plan with AGIX & OCEAN
The leader of the AI sector is here
The ratio after the merger
- $FET has a total supply of 2.63055 billion tokens, which will be re-labeled as $ASI.
- $AGIX tokens will be converted to $ASI at a ratio of 0.433350:1.
- $OCEAN tokens will be converted to $ASI at a ratio of 0.433226:1.
If the FDV of transparent tokens is fully transferred to $ASI by March 26, 2024, the total combined FDV will reach 7.6 billion US dollars.
After the merger, the project party will automatically exchange it to the new $ASI, and users do not need to operate it themselves.
Total supply and mechanism distribution after the issuance of $ASI
Starting from $FET as the base token of the alliance, the $FET token will be renamed $ASI, and an additional 1.48 billion tokens will be minted, of which:
- 867 million $ASI will be allocated to $AGIX holders.
- 611 million $ASI will be allocated to $OCEAN token holders.
The total supply of the coin is about 2.63 billion tokens.
Can I get the new coin?
Because AGI and OCEAN are exchanged for FET at a fixed ratio. So the market value of the new coin has fallen instead, and the potential is huge. The suggestion is: you can buy it below 0.7U, after all, the price is above.
After the merger, ASI became the leading coin of the AI project in the market, ranking in the top ten in market value.
Hype AI is an inevitable trend, so it is recommended to buy it.
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