Artificial Superintelligence Alliance (FET) made significant strides in the market with surges in prices and mainstream acceptance on multiple trading platforms. The
crypto token reportedly led AI coins with a 75% gain within a month despite a general drop in the crypto market. This sudden increase in FET's value was due to a concerted buying spree by crypto whales ahead of Nvidia's earnings. Analysts have been updating their forecasts on FET and even suggesting that it's time for Bitcoin rallies.
Coinbase recently listed FET Coin for futures trading. Additionally, the
Fetch.ai Labs announcement led to an upswing in FET's price, raising speculation of a new all-time high on the horizon. Meanwhile, there are ongoing talks about AI coins merger, which could significantly impact the future of FET, OCEAN, and AGIX tokens. The development exercises are part of Fetch.ai's strategic move to build an AI Superintelligence Alliance. This development led to a surge in FET's volume ahead of the ASI Alliance announcement. Notably, the Fetch.ai CEO reassured FET holders about the token merger's plans, advising them to maintain their positions despite Coinbase snubbing the initiative. Despite fears of a potential crash, AI tokens FET and NEAR gained momentum as OpenAI 's 150 billion dollar valuation raised the AI narrative.Among other essential updates surrounding FET, the token's millionaire worth $8m pledged an 18% portfolio to GoodEgg (GEGG) Presale.
Additionally, Fetch.ai announced GPU rewards for token holders after a $100M infrastructure investment. The impact of Nvidia’s market drop was felt by AI-focused cryptos such as Akash, FET, and Render, triggering double-digit losses. Regardless, FET has demonstrated strong performance, surging 48% in two weeks, signaling a potential price rally in the near future.
FET Coin News Analytics from Wed, 23 Sep 2020 07:00:00 GMT to Wed, 06 Nov 2024 07:45:58 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor -4
