According to the official fet news!
$AGIX and $OCEAN $FET are about to merge!
Fans are asking a lot at present, so I will reply here!
The merger will start on the 11th and is expected to be completed on the 13th!
$ASI token total supply: 2.6 billion tokens
Conversion ratio:
1 fet = 1 $ASI
1 agix = 0.43 $ASI
1 ocean = 0.43 $ASI
This reminds me of the "Chinese hearse" in 2015. That year, China North Locomotive and Rolling Stock Corporation and China South Locomotive and Rolling Stock Corporation merged. On April 20 of that year, the stock price hit the ceiling and floor. It continued to fall for more than a year, and countless stockholders lost money and jumped off the building!
It's not that the merger is bad, but the merger is not just a matter of name change. It involves team mergers, capital mergers, financial restructuring, technology mergers, and other issues!
These will slowly ferment after the merger!
There will be a lot of internal problems, team coordination problems, capital allocation problems, technical direction problems, and so on. If the integration is good, the accumulation will lead to a sudden explosion; if the integration is not good, it will be a setback!
Therefore, the short-term explosion is the best exit signal. The medium and long-term layout must allow these problems to fully ferment before considering!