Crypto Whale Moves $7.5M in AGIX and OCEAN to FET Amid ASI Merger

🚀 Exciting news in the world of AI and blockchain! The Artificial Superintelligence Alliance (ASI) has kicked off its $7.5 billion token merger, starting with the integration of SingularityNET (AGIX) and Ocean Protocol (OCEAN) tokens into Fetch.ai's FET token. 🌐🤖

🔗 This significant move was confirmed via on-chain activity, marking a pivotal moment in the AI cryptocurrency landscape. Notably, a major transaction saw 8 million AGIX and 4.8 million OCEAN tokens converted into 5.6 million FET tokens worth $7.5 million, subsequently deposited into Bitget exchange. 📈

🗓️ Originally scheduled for June 13, the merger was delayed to July 15 to ensure seamless integration across exchanges and ecosystem partners. Now underway, this merger involves the delisting of AGIX and OCEAN tokens from many exchanges, with exceptions like Coinbase, which continues to allow manual migration options for users. 🔄

🌐 Data aggregators and exchanges are facilitating token migrations through SingularityDAO, with AGIX tokens converting to FET at a rate of 1 AGIX to 0.43335 FET in the initial phase. Future phases will see FET tokens transform into ASI tokens, expanding across multiple blockchain networks. 🌍

ℹ️ Remember, this update is for informational purposes only. Stay tuned for more developments as the ASI alliance reshapes the AI crypto landscape! 🚀💬

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