FET Tumbles as AI Alliance to Unveil New ASI Token

  • Fetch.ai has declined in the past five days.

  • The recent decline launched FET into a buy zone.

  • FET’s recent behavior is linked to the newly launched ASI token

The price of Artificial Superintelligence Alliance’ native token, FET, has been dropping over the past five days. This week’s decline brought FET into a buy zone, aligning with a prediction from a crypto analyst. The analyst, who posted on platform X, said a retest of the $1.10 level creates an ideal entry point for FET in a bullish market.

$FET

Finally a move worth talking about!

I recently covered in an $ASI video how the three projects involved were making big moves and price would eventually catch up.

A retest of $1.10 in bullish conditions would be a perfect entry in many ways.

AI SZN PENDING. https://t.co/mQgKF85bGT pic.twitter.com/rmXOX8vsZP

— Posty (@PostyXBT) August 26, 2024

This analyst also connected FET’s recent behavior to the launch of the new ASI token, a universal token for Artificial Superintelligence. ASI is the product of a merger between three AI blockchain projects: Fetch.ai, SingularityNet, and Ocean Protocol. FET is one of the three tokens the analyst expects to eventually catc…

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