Turns out, guys, we got fooled pretty badly during the last bull run ๐
Who still remembers that story? FET, Ocean Protocol, and SingularityNET had announced their merger to form ASI, with the ambition of creating a major player in artificial intelligence.
Back then, a lot of people thought this was the perfect moment and that FET could easily do a 20x ๐
But after the merger, the price crashed hard. ๐ญ
And as if that wasnโt enough, when PAAL AI announced it wanted to partner with the project, the market reacted violently againโdropping by nearly 80% within a few minutes.
Since then, the AI sector in crypto has been hit incredibly hard.
Honestly, I even wonder if this run of mergers and announcements didnโt help break the momentum of the AI narrative in the crypto market.
That said, FET is showing a setup that deserves to be watched again ๐
Maybe the story isnโt over yetโฆ
#FET #ocean #PAAL