๐—ฃ๐—”๐—”๐—Ÿ ๐—ฐ๐—ฟ๐—ฎ๐˜€๐—ต๐—ฒ๐—ฑ ๐Ÿณ๐Ÿฌ% ๐—ถ๐—ป ๐—ฎ ๐—ฑ๐—ฎ๐˜† ๐Ÿšจ๐Ÿšจ

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People are still confused about what went wrong with $PAAL.

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HOW HAS IT ALL STARTED?

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Yesterday, news came out that @PaalMind is planning to merge with @ASI_Alliance.

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For this merger, the community voting will start on November 18, 2024, and will close on November 23, 2024.

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But why can a merger news drop the price by 70%? ๐Ÿค”

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Lemme explain..

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First, you have to understand the token conversation.ย 

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โ—ฝ #FET (ASI) Token Supply: 2,719,493,896

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โ—ฝ #PAAL Token Supply: 1,000,000,000.

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โ—ฝ Token Merger Rate: 6.24:1 (If you have 6.24 PAAL tokens, then you will have 1 FET).

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Now the main problem is that once the merger happens, you will not get all your tokens at once.

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There will be a vesting period of 180 days for converted tokens.

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You will get an equal continuous release over 180 days (daily).

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This is causing panic in the market because no one wants to wait for 180 days (6 months) to get all tokens back.

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Now PAAL holders are dumping the token in the fear that if this merge happens, they have to wait for 6 months.

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What's your opinion about this? ๐Ÿ‘‡