Investors with a large volume of FET saw an opportunity to make money and began to actively buy coins. Over the course of a week, addresses holding between 100,000 and 10 million FET purchased more than 62 million tokens worth approximately $73 million.
However, a positive attitude is characteristic not only of large investors, but also of private ones. Overall sentiment towards FET remains positive, and Fetch.ai is being actively discussed on social media. This optimism reflects a bullish trend regarding ASI and its prospects in the near future.
FET price forecast: exit from the period of stagnation
The growth of FET was influenced by general market trends: as a result, the altcoin has been fluctuating between 1.7 and 1 $$ for almost a month. The sideways movement is expected to continue until the merger is completed.
However, increased bearish sentiment in the market could cause the price to drop below the current level. In this case, the positive forecast will be completely unfounded.
Subscribe to the blog, here we publish new articles, videos and other materials that will help you earn money.
