AI Crypto News: Artificial Intelligence is accelerating the growth of new technologies, facilities, and social & financial networks in the cryptocurrency market. In the last few months, some of the AI crypto projects have managed to outperform many blue-chip cryptocurrencies. Fetch.ai, one of the leading AI crypto tokens, has risen by 400% since the beginning of this year.
Fetch.Ai: A Token with immense growth potential
The unquestionable potential of OpenAI’s ChatGPT has helped many crypto tokens tied to Artificial intelligence. FET is one of them has successfully managed to close above the $0.42 resistance area.
According to Santiment, a market intelligence platform, “FetchAi is currently holding 102nd position in the cryptocurrency market after skyrocketing +395% in 2023. Also, it has seen its largest transaction in 567 days. $61.2 million worth of $FET has been transferred to an existing whale address, which also holds 224.46 million in $ETH.” Read More Crypto News Here…
An impressive start to the year
Launched back in the summer of 2018, Fetch.ai (FET) combines blockchain, smart contracts, and AI technology to create a network of autonomous software agents for AI-powered peer-to-peer applications. The FET network is truly a decentralized and permissionless ecosystem compared to its rivals. In other words, it is creating a decentralized network made up of many autonomous agents who speak for themselves and other people.
Fetch.Ai’s price at the time of writing is $0.4242 (up 0.53%), with a market capitalization of $347,399,723 and a 24-hour trading volume up by 150%. Now it stands at $228,808,592. At the same time, the circulating supply is approximately 818,912,300 FET as per the crypto market tracker CoinMarketCap.
Despite recording a 15.63% loss in the past 7 days, in line with the general sentiment on the crypto market, FET has advanced 80.18% compared to 30 days before, as well as registering a strong 362.14% gain over the previous 2 months.
Also Read: Top 5 AI Crypto Tokens & Projects Ready To Skyrocket In 2023
The post This AI Token Is Ready To Enter Top 100 Cryptos; Time To Buy? appeared first on CoinGape.
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