Stormrake - Insights #telegramStormrake - Insights #telegramhttps://www.stormrake.com/blogs/tag/telegramThu, 16 Apr 2026 03:34:12 +1000http://zoho.com/sites/<![CDATA[The New AI Crypto Powerhouse - Artificial Super Intelligence ]]>https://www.stormrake.com/blogs/post/the-new-ai-crypto-powerhouse-artificial-super-intelligenceFor those who weren’t able to catch the recent June Rake Review (our monthly wrap up), a crucial section covered the upcoming merge of AI crypto token ]]>
For those who weren’t able to catch the recent June Rake Review (our monthly wrap up), a crucial section covered the upcoming merge of AI crypto tokens into ASI. Three of the largest AI tokens within the sector are merging into one and creating $ASI (Artificial SuperIntelligence Alliance), which could be the AI token powerhouse of the crypto ecosystem.

Phase 1 of the Merge:

As of July 1, OCEAN and AGIX tokens will merge to be converted into $FET, in due time OCEAN and AGIX will cease to trade.

If your tokens are held on exchange and said exchange is offering to support the merge then they will be automatically converted. However, if the exchange is not supporting the merge, then your held tokens will not be converted and they will stay in the original token form. 

Phase 1 has begun, with many exchanges already converting OCEAN and AGIX into FET and delisting OCEAN and AGIX from their platforms. If held in self-custody, then you will need to swap your tokens manually.

Self-custody holders of OCEAN and AGIX, the platform to swap the tokens into FET can be found here: https://singularitydao.ai/migrate-asi 

Those who custody with us: 

You would have received a trade confirmation email regarding the conversion of your AGIX/OCEAN tokens into FET.

As per our token merger policy, we have converted AGIX and OCEAN tokens into FET free of charge, and we have resumed custody of your newly received FET tokens. If you wish to dispose of your new FET tokens, please contact us. Otherwise we will convert those into ASI when available.

For Those Looking to Buy FET or ASI

For those who are interested in taking advantage of the merge and seek to purchase FET or ASI. FET remains purchasable whilst phase 1 is active and will be converted into ASI mid-late July. Thus meaning, ASI will begin trading once phase 2 begins.

If you seek to purchase ASI, there are currently two options:

Purchase FET and custody with us to have it automatically converted into ASI

or

Wait until the merge has been completed and then purchase ASI when trading begins.

Send an email to trade@stormrake.com to secure a FET or ASI purchase...

What's Next?

Once phase 1 is complete, phase 2 will begin mid-late July with FET tokens being converted into ASI. For those who custody with us, you will not be required to take any action as the tokens will be converted automatically.

Written by Alexandar Artis

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Reach out to us at Stormrake for further market insight and allow us to help you navigate the sea of mania and laser-eye memes, so that you can realise your goals in the market!

No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
]]>Wed, 03 Jul 2024 17:51:53 +1000<![CDATA[Is there a TON of opportunity in Toncoin]]>https://www.stormrake.com/blogs/post/Is-there-a-TON-of-opportunity-in-Toncoin1Everyone is always looking for the next altcoin gem, could this be TON? Whilst it has catapulted its way into becoming a top 10 cryptocurrency, it is ]]>
Everyone is always looking for the next altcoin gem, could this be TON? Whilst it has catapulted its way into becoming a top 10 cryptocurrency, it is yet to be listed on the largest crypto exchange in Binance. Will a Binance listing price push it further up the ranks?

What is TON?

TON (The Open Network) is a blockchain that allows for the creation of smart contracts and scalable cross-chain interoperability via a Proof of Stake consensus mechanism. 

It was originally called Telegram Open Network, but the project and Telegram parted ways in 2020 due to legal issues with the SEC. It has since been taken over by the TON Foundation. 

Toncoin is the native token of TON and can be used for network operations and other transactions for applications built on TON.

How does it differ from other Cryptocurrencies?

Toncoin distinguishes itself from established giants like Bitcoin and Ethereum in the dynamic world of crypto development. Though all three share the core concept of digital currency, Toncoin offers unique features that are reshaping the cryptocurrency development space. Instead of enduring long transaction times, Toncoin provides near-instantaneous speeds and can handle millions of transactions per second. It emphasises security and scalability through its decentralised network and energy-efficient consensus mechanism, effectively addressing the scalability and security challenges faced by traditional cryptocurrencies.

Additionally, Toncoin extends beyond payments, supporting a diverse ecosystem that encompasses DeFi, gaming, and more. Its continuously evolving technology ensures future-proof relevance, and its user-friendly wallets enhance accessibility for everyone. The unique use cases and applications of Toncoin distinguish it from other cryptocurrencies, potentially catering to various industries and niche markets.

Binance Listing Effect:

If you were to ask someone to name a crypto exchange, the majority of individuals would name Binance. A Binance listing is the dream of all crypto projects due to the sheer volume and popularity it would bring to the project. It is clearly the number one crypto exchange as it has 5x more daily trading volume then Bybit who are the second largest exchange. New coins that are listed on the platform experience something known as the ‘Binance Effect’. The impact that this has had on newly listed tokens has been researched by X user ‘Ren & Heinrich’.

The above chart shows that majority of newly listed coins on Binance experience a significant price increase. (Rein & Heinrich via X)

Their research unveiled that newly listed tokens saw a 41% increase in market volume a day after listing on Binance. It was found that the average maximum price increase of the researched tokens was 73% higher than the day of listing.

One can only assume that TON will receive a Binance listing, after all it is a top 10 coin. If TON is to experience a similar price increase if it lists on Binance, then a 73% increase would see the price reach approximately $13 USD (from $7.21 at the time of writing). This would result in TON’s market cap increasing to $31,592,169,518. Thus meaning TON would flip DOGE and XRP and become the 8th largest cryptocurrency by market cap.
Whilst we strongly advocate for Bitcoin and believe that there is no better asset allocate towards, those who are willing to venture further out of the risk curve, TON may be a viable candidate for doing so.

Create a brokerage account today

Get Started

Reach out to us at Stormrake for further market insight and allow us to help you navigate the sea of mania and laser-eye memes, so that you can realise your goals in the market!

No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
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