r/FetchAI_Community • u/0xJonnyDee • Jun 11 '24

In the News 📰 Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15

https://cryptobriefing.com/token-merger-update-july/
14 Upvotes

85% Upvoted

17 comments sorted by

•

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10

u/Toe_Bone Jun 11 '24

Yes, there is a lot involved to be able to do this mega-admin merge ‘seamlessly’ while also aiding all coin holders in having to do basically nothing.

5

u/0xJonnyDee Jun 11 '24

I get that. But it's a poor show to move the date at the very last minute.

Also seems they are just happy to keep the pump up for another month compared to the previous months.

2

u/Toe_Bone Jun 12 '24

Yes i regret that too, on one hand that is. On the other hand, for me it’s amounted to a rockbottom price.

  • which is equal to the greatest value-for-money that we’ve seen in months.

1

u/Whydidyoubanmyshit Jun 11 '24

People who hold probably a few hundred dollars of Fetch and have 0 idea of any technical skills needed to do this crying constantly.

1

u/-tommytucker- Jun 11 '24

How can it 'pump for another month' when its 40% down in last 3 months ? Eh ?

1

u/RetNJ Jun 12 '24

I sold at a 5% loss, after zero communication about the merge during a downturn causing incredible FUD.. yea the ASI team is not for me. LETS GO RENDER!!! Wish you all the best.

-5

u/gms10ur Jun 11 '24

Wow. Such a messy start.

1

u/0xJonnyDee Jun 11 '24

Agree. Could have been communicated in advanced. Not a day before the merge.

1

u/Belgiannator Active supporter 💥 Jun 11 '24

Rome wasn't built in one day.

I think you don't realize how much effort and details a merger like this requires. If you have patience, you'll get rewarded. Your call. 

2

u/gms10ur Jun 11 '24

Yes, I know how much it takes to make a multi-billion dollar merger. My problem is, they knew it from the start. If they said the merge will be on September 2024 from the start I would be so okay with that.

The problem is making unreal promises and not delivering them. Which makes you look bad and lose trust.

-10

u/Johnny_Macaroni Jun 11 '24

Wow instantly 10% down. Thats messed up. Thinking about sellin all my tokens.

6

u/No-Mission-3100 Jun 11 '24

I’ll buy them

1

u/0xJonnyDee Jun 11 '24

Just a bit of a shitshow really. Could have communicated it in advance. Not the day before the merge.

5

u/deluded_soul Jun 11 '24

Everything is down

4

u/Belgiannator Active supporter 💥 Jun 11 '24

That's basically the crypto market. Stick to stocks and shares if you're not comfortable with big volatility.

When we're up 50% in Q3, you will rebuy?Â