Fetch AI Fetches Fire – 110% Price Surge Ignites All-Time High
2024年3月7日 - 7:20PM
NEWSBTC
In the volatile world of cryptocurrencies, the recent bullish trend
sweeping through the market has not only propelled Bitcoin to new
heights but has also catapulted altcoins like Fetch.ai (FET) to
unprecedented levels. FET marked a significant milestone with a
fresh all-time high today, following the lead set by the primary
cryptocurrency. At the time of writing, FET is priced at $2.76,
with a trading volume of $2.77 billion over the last 24 hours. Its
market capitalization stands at nearly $2 billion. Notably, the
coin has experienced a remarkable 110% increase in price within the
past seven days, data from CoinMarketCap shows. Related Reading:
Can DOGE Avoid A Dive? Sell Pressure Puts Memecoin To The Test
Fetch AI (FET) In Full Steam The recent surge in FET’s price is
attributed to the Fetch.AI Foundation’s announcement on March 5,
2024, introducing “Fetch Compute” as part of a substantial $100
million investment in advancing the AI economy. FET soaring in the
24-hour timeframe. Source: CoinMarketCap The initiative involves
deploying top-of-the-line Nvidia GPUs, including models like H200,
H100, and A100, to supercharge innovation within the Fetch.AI
ecosystem. Funded through the Fetch Ecosystem Fund, this move
addresses the GPU shortage, providing developers and users with
enhanced computing power to create advanced models and solutions.
Will Fetch AI Hit $60 Billion Market Cap? Many cryptocurrency
experts have recently been bullish about Fetch.ai’s future
prospects. There is a lot of potential for FET to continue growing,
according to Crypto Rover, a well-known expert. $FET is going
exponential. Most likely you think, it will top out any time soon.
But I bought at $0.7 and I will not sell anytime soon. It is now at
$2b market cap. I think it will top out around $40b-$60b. 20x from
here seems reasonable. pic.twitter.com/n38Mc4m6dk — Crypto Rover
(@rovercrc) March 6, 2024 Rover recently posted on X that they
bought $FET at $0.70 and have no plans to sell anytime soon. With
the bold statement, “It is now at $2b market cap,” Rover revealed
much more information. The range he is predicting is $40–$60
billion. Some 100% of the FET’s total circulating supply is
generating profits for its investors, per the Global In/Out of the
Money (GIOM) indicator. A cohort holding 18,350 FET valued $36,700,
acquired at an average price of $1.82, was the last to turn a
profit. FET GIOM data. Source: IntoTheBlock This demonstrates that
investors are still amassing FET despite the ongoing upward trend
and confirmed profits. As a result, offering assistance for
additional price escalations. In a related development, Fetch AI
has just established a strategic alliance with Deutsche Telekom, a
notable corporate organization, reinforcing its standing as a major
entity in the blockchain industry. FET market cap currently at
$2.27 billion. Chart: TradingView.com Whale Appetite Up Meanwhile,
FET whale addresses have been selling off their holdings. These
massive wallets have made approximately $17 million from the sale
of 8.45 million FET since then. Related Reading: Solana DeFi
Landscape Thrives With Record $11 Billion Trading Volume By March
11, according to CoinCodex’s short-term Fetch.ai price prediction,
the currency would hit $1.792. By April 5, the prediction rose to
$1.924. Technical analysis on the site was positive, with 26 signs
indicating price appreciation and 4 indicating price decline.
Featured image from Freepik, chart from TradingView
Fetch (COIN:FETUSD)
過去 株価チャート
から 3 2024 まで 4 2024
Fetch (COIN:FETUSD)
過去 株価チャート
から 4 2023 まで 4 2024