OCEAN and AGIX have merged into FET. It seems like there are still more OCEAN and AGIX holders that have to swap to FET. But for the most part the merger has taken place, and now FET will convert into ASI around the middle of July. FET’s price has remained unchanged and there has been a lot of downside from the ASI FUD. Obviously very disappointing, but I remain bullish for the long term. April-June was a seasonally bearish time for FET, and the ASI team has duped everyone into buying during the bearish trend. July and August are seasonally bullish, I think we’ll see a nice rebound over the next 2 months. Next week is also seasonally bullish so we could start to rally next week.
Due to the merger, FET’s market cap ranking has risen from 60 to 27. I think ASI will become one of the top AI cryptos. These are the current rankings for AI cryptos, NEAR and RNDR are two other dominant tokens to consider. FET has hinted that they have a partnership with INJ, but the details haven’t been released yet. That partnership will definitely be bullish whenever we get more details.
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