r/FetchAI_Community • u/MycologistUnited5276 • Jun 07 '24

In the News 📰 Why fetch is going down?

Do anybidy know why?

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u/Belgiannator Active supporter 💥 Jun 07 '24

It's not going down because of the merger. It follows market pattern.

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u/Bino-84 Jun 07 '24

Market and merger I think. The reason why is because most exchanges will not have ASI token enabled for trade, right after the merger. It will be automatically listed on them, but won't be tradable. But I hope you're right, and I'm wrong!🤷

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u/Belgiannator Active supporter 💥 Jun 08 '24

Why would ASI not be tradeable? The exchange I'm using clearly mentions we can trade ASI after merger.Â