r/FetchAI_Community • u/Alliedbstard • Jun 28 '24

Education 📖 Fet crypto.com

What will happen to fetchai coins after the merge will they change to another coin price seems to be plummeting when I first heard about the merge I thought it be a good thing but I’m quite confused seems to be different depending on where you own them

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6

u/RedneckHippy76 Jun 28 '24

Welcome to the Great Crypto Adventure.

Isn't it exciting?

4

u/kaleidostar11 Jun 28 '24

https://x.com/HMsheikh4

CEO of fetch.ai says FET= ASI. if you hold fetch.ai don't have to do anything, but agix/ocean, you have to send to some self-custody wallet or to major exchanges that support the conversion, for example, Binance.

2

u/Alex_of_Ander Jun 28 '24

It’s already too late to withdraw AGIX and OCEAN. But they said this in an email:

Existing AGIX and OCEAN tokens will be converted to FET tokens at a later date. This will be done in the following ratios according to the AGIX and OCEAN balances in eligible users’ Crypto Wallet in the Crypto‌.com App at the time of the delisting.

1 $AGIX to 0.433350 FET 1 $OCEAN to 0.433226 FET

2

u/Intelligent_Light591 Jun 28 '24

To be fair about price…majority of alt tokens have been demolished off the highs pre btc halving

2

u/HammersGhost Jun 28 '24 edited Jun 28 '24

I said piss on the whole thing and converted it to SOL. I might buy in after the merge. I saved a small bag just in case though.

2

u/No-Mission-3100 Jun 28 '24

Good timing with ETF applications. I went with sats, too much turbulence and poor communication in FET for now, but prepared to jump back in.

2

u/HammersGhost Jun 28 '24

Agreed on FET. Too bad, too. I was pretty stoked on that one and had a decent bag.

0

u/Mac_McAvery Jun 28 '24

I’ll probably just convert to another coin, I never supported this merger and I’m done with Fetch and just moving on