Bittime – This article will cover the latest updates on Fetch AI, AGIX, and Ocean token migrations, including important information regarding their listings on Binance. Based on observations by crypto observer Crypto4Light.
AI Token Performance and Profit Recap
First of all, congratulations to everyone who has made significant profits from Fetch AI, AGIX, and Ocean tokens. These tokens are part of an artificial intelligence sector that is experiencing impressive growth.
For example, observers previously posted a video about Fetch AI in early February, highlighting its potential. Since then, Fetch AI has shown tremendous growth, hitting targets and offering observers around 600% profit on spot trading.
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Fetch AI and Fibonacci Levels: Token Holders Don't Need to Panic
Fetch AI has demonstrated the effectiveness of Fibonacci levels in trading. After reaching the 4.23 level, the price underwent a correction to retest the previous high.
For token holders, no immediate action is required. However, if you are worried about migration, observers recommend checking the announcements from the exchange where you store your tokens.
Migration Details to ASI Token
Fetch AI, AGIX, and Ocean tokens will be combined into a new token, Artificial Super Intelligence (ASI). Following are the conversion rates:
- AGIX: 0,43 token ASI per token AGIX
- Ocean: 0,43 token ASI per token Ocean
- Fetch AI: 1 token Fetch AI per token ASI
It is important to check the tables provided by the exchange to understand the exact conversion and ensure your tokens are migrated correctly.
Also Read How To Buy Crypto:
Major Bull Run Plans and Updates
Previously, observers had posted major bull run plans in November, predicting significant upside for these tokens. The market experienced an impressive pump, in part due to news like the Nvidia partnership. However, the recent Bitcoin correction has also affected the price of this token.
Ocean Protocol and Fibonacci Levels
Ocean Protocol follows a similar path to the Fibonacci retracement, showing strong support and resistance levels. The June observation outlined these levels, and the token performed as expected, achieving gains of around 600%.
Conclusion of the Bull Run Plan
With the migration to ASI tokens, the previous bull run plans for Fetch AI, AGIX, and Ocean are now complete. You no longer need to track these individual tokens.
Observers highly recommend checking the table provided to see how many ASI tokens you will receive based on your current holdings.
What to Do Next
For now, it is not recommended to buy these tokens as they will be converted soon. For example, Ocean is currently trading at around 51 cents, and will convert to ASI at a ratio of 0.43.
Fetch AI, which is trading around $11-$12 (Rp 18,1445.00-197940.00) is also not ideal for accumulation at this stage.
Observers suggest waiting to see how the new ASI token performs after listing before making further investment decisions.
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Closing
This token migration is not an airdrop; it is a conversion. Therefore, there may not be a price pump as is usually seen with new token listings. However, congratulations to all who have profited and accumulated tokens in the attractive zone. If you bought Fetch AI at $3 and have 100 tokens, you will receive 100 ASI tokens.
How to Buy Crypto from Bittime
You can buy and sell crypto assets easily and safely through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor the price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
ASI Token Merger: AGIX and OCEAN Converted to FET!
This AI Token Merge, Understanding the Artificial Superintelligence (ASI) Token Merger
ZK Coin Staking is Now Available, Check Here!
DISCLAIMER: This article is for informational purposes only and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly over time and Bittime is not responsible for changes in the fluctuation of crypto asset exchange rates.
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