Analysis of the reasons for the plunge of FET, AGIX, and OCEAN
After the merger news was announced, the market value of the three tokens FET, AGIX, and OCEAN generally fell by 50-60%. Among them, FET fell the most, close to 65%; OCEAN and AGIX fell by about 60%. This situation makes holders depressed, and good news is accompanied by a continuous decline.
Personally, I think this decline is mainly to make retail investors hand over their chips. Project parties and market makers can collect chips at a lower price and prepare for future pull-ups. After the merger, these tokens are expected to become leaders in the AI field, so there is no need to worry too much.
