The Fetch.ai price is up 26% in the past 24 hours to trade for $1.6339 as of 02:00 a.m. EST on trading volume that soared 120%.
FET is the top-performing major altcoin on June 20, with its bounce leaving at least one seller in disbelief.
$FET sellers in desbelief pic.twitter.com/VFXYtaxan1
— ProfessorAstrones (@Astrones2) June 20, 2024
It comes amid talks of how to use FET in the Real World Assets (RWAs) space. The House of Chimera, a blockchain research and advisory group, says, “FET autonomous agents could optimize logistics by analyzing and predicting optimal routes, reducing costs, and improving delivery times.”
The researcher also notes that project algorithms can analyze large datasets and provide valuable insights.
How can @Fetch_ai be used in real-world use cases?
🔹 $FET autonomous agents could optimize logistics by analyzing and predicting optimal routes, reducing costs, and improving delivery times
🔸 $FET AI algorithms can analyze large datasets and provide valuable insights. pic.twitter.com/pZDOQsVLtu
— House of Chimera (@HouseofChimera) June 19, 2024
The surge of the FET price may also be attributed to the upcoming “Artificial Superintelligence Alliance Launch Event,” which will happen on June 29 in Antalya, Turkey.
The Artificial Superintelligence Alliance Launch Event
To celebrate the imminent ASI Token merger and formation of the Artificial Superintelligence Alliance, we are holding an event on the 29th of June in Antalya, Turkey.
If you would like to join us, it would be our pleasure… pic.twitter.com/IY684I8DUN
— Artificial Superintelligence Alliance (@ASI_Alliance) June 19, 2024
Fetch.ai Price Prediction Ahead Of The ASI Launch Event
The Fetch.ai price has been consolidating within a falling or descending parallel channel since March. This is a bearish pattern that commits the concerned asset to more losses as long as it remains within its confines.
After bottoming out at $1.1016 on Tuesday, however, the Fetch.ai price is attempting to recover, with two higher lows between Wednesday and Thursday. This pivot has seen the FET price breach resistance due to the centerline of the channel. However, it remains unclear whether the uptrend will continue.
To begin with, the Relative Strength Index (RSI) is below the mean level of 50, showing the buyer momentum remains weak. However, its inclination to the north is bullish, suggesting growing buying strength. If it flips above the 50 threshold, reinforced by a confirmed buy signal on the Moving Average Convergence Divergence (MACD), the Fetch.ai price could extend the uptrend.
A stable close above the $1.8747 roadblock would encourage more buy orders, potentially setting the pace for an escape outside the falling channel. For a confirmed move north, however, the bulls must wait for a stable move above $2.8662. In a highly bullish case, the gains could send the AI crypto coin all the way to the $3.3031 threshold, over 95% above current levels.
GeckoTerminal: FET/USD 1-day chart
On the other hand, if the bears start booking profits early, the Fetch.ai price could drop. A lower low relative to the Tuesday bottom of $1.1016 would invalidate the bullish outlook.
Meanwhile, YouTuber The Crypto Mark is drawing attention to another AI project called WienerAI (WAI), a dog-themed meme coin that has just blasted past the $6 million mark in its ICO.
He says this project is a good buy and encourages investors to enter while it’s still on the ground floor.
Promising Alternative To Fetch.ai
WAI is the native cryptocurrency for the WienerAI ecosystem, a lovable, hilarious, and undeniably unique creation. It has captured the imagination of meme enthusiasts worldwide.
Don't be left out in the cold.
GET IT WHILE IT'S HOT
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/I69IUJanLC
— WienerAI (@WienerDogAI) May 8, 2024
WienerAI operates as an ERC-20 token on the Ethereum blockchain, offering users seamless compatibility with a wide range of decentralized applications and exchanges.
The project is committed to becoming the best and most powerful AI companion ever. To that end, it has integrated a trading Bot in its ecosystem that delivers user-friendly, AI-enhanced trading advice for holders, with seamless swap functionality, and zero fees.
UPGRADE your trading strategy.
The WienerAI Trading Bot will be your trusted trading companion, leveraging AI to make savvy and predictive moves in a dynamic market. pic.twitter.com/uYCRAWRd2N
— WienerAI (@WienerDogAI) June 1, 2024
WAI token holders can also stake their holdings for lucrative rewards with an Annual Percentage Yields (APY) of 189%. Over 5.473 billion WAI tokens have already been staked.
Crypto analyst and YouTuber Jacob Bury says WAI has the potential to 100x after launch.
WAI tokens currently sell for $0.00072. If you plan to buy, don’t delay because the price will increase in less than 32 hours.
Visit and buy WienerAI tokens here.
Also Read:
How to Buy WienerAI – $WAI Presale Review
WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
Best AI Crypto Coin Projects: Top Picks for 2023
New AI Meme Coin Presale WienerAI Unveils Trading Bot AI Companion, Laps Up $700K