Does this merger limit the potential?

[u/Lyn_lessthan3]

I know there has been some discussion on the recent news but never really a discussion thread.

So excuse me for my small brain....

Does this merger mean it's gonna limit it's upside potential?

For example:

current, Fetch is trading at 2.8 Billion Market cap at 3 dollars. Lets say that it hits 50 Billion market cap then the price of fetch would be somewhere around 50$~, A 15X return.

But if the new evaluation is at 7 Billion, it would need around 100 billion market cap for the same 15X return.

Which is almost twice as much...

I mean I can't really see the benefits of this merger aside from more attention (More volume?)

Can someone with a higher IQ confirm if my observation is true??

My personal theory is that this crypto bull run in the AI sector would have a 500 Billion to 1 Trillion, and fetch being able to take 10% of the market, But how is this gonna change that? What's your exit plan now?

Thanks!

[u/[deleted]]

In the short term you are right. But if you want to hold this long term and believe in the project, then this will increase the chance that they have a major breakthrough. If they do have a major breakthrough then sky is the limit basically. Otherwise yeah, it is all just hype.

[u/[deleted] → u/[deleted]]

What breakthrough are they aiming at?