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The resistance level of $2.5300-$2.6200 - prevented further price growth.
The price of #IMX 🪙 has left the ascending channel that was formed in the 4-hour time frame. The main support level is in the area of $1.6700-1.7300, and it is likely that the price will decrease to this level. revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
Today is the start of a huge event in the crypto world. Three major tokens, $FET , $AGIX, and $OCEAN, are merging into a new token called $ASI
Here’s what you need to know:
🗓️ The merger begins today, June 11. $FET will be renamed $ASI and the process will finish on June 13.
🔄 If you own $FET , $AGIX, or $OCEAN tokens, you will need to convert them into ASI tokens. Each token has its specific conversion rate.
📊 The new $ASI token will have a market cap of $7.5 billion, making it one of the top 20 crypto.
🔹 $FET will become $ASI with a total supply of 2.63 billion tokens and a starting price of $2.82
🔹 $AGIX and $OCEAN will be converted at a rate of 0.433 to 1
How will the Token Exchange work?
🔄 $FET will be the base token and renamed ASI. An extra 1.48 billion tokens will be created. 867 million $ASI tokens will go to $AGIX holders and 611 million $ASI tokens to $OCEAN holders.
🔄 On June 11, you can start swapping $FET for $ASI tokens using a their official token migration contract. $AGIX and $OCEAN swaps will be available on June 13.