My prediction in the announcement was that this merger would be a total failure upon its launch, but it was actually worse than I imagined. I believed that the token would remain stable at $2, but it was worse, it dropped to $0.60.
I believed that the conversion would go up, but after I found out that it was a conversion of the rate and not the price, that's when I started to hate this project even more, because it was about releasing the FET token disguised as a merger.
Because the current amount of tokens is the total number of tokens that FET had in the past, that is, they released all the tokens and distributed them to the people from Ágix and Ocean, which is why the price didn't go up and kept declining.
In other words, this is not a merger like they promised it would be by introducing the Agix and Ocean supply into the FET token; it was just a conversion to the new FET tokens that were released.
