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Malik Israr Ahmad
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#FET Update:

#FET has bounced exactly from L-L Support.

Currently it’s holding Ascending Parallel Channel.

It’s good zone for Scalping in this Tight range boundaries .

$2.7 is Very strong resistance for coming days.

Breaking of $2.7 will lead a massive breakout target.

NFA
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DayDreamer01
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$FET LAST MERGE UPDATE:

Fetch.ai : We don't have a launch date yet, but obviously we are working toward the merger as best we can.... Rome was not built in a day, and even with exponential acceleration of progress superintelligence isn't being built in a day either 😉 .....

Not shockingly, it turns out that merging the tokens of 3 projects w/ very different leadership styles and technology bases involves various complications when one progresses into tech integration plans on a deeper and deeper level.

Intensive discussions btw the SNet, Fetch and Ocean teams on various aspects of the process are ongoing, and we are hopeful to have some significant updates before too long!

All of y'all's enthusiasm for what we're doing is appreciated. Both patience and impatience can be virtues. While there are no guarantees in this (or any) business, my own feeling is this is gonna be awesome once all the particulars are worked through...
ponke it’s will come here??! $ponke #ponke
ponke it’s will come here??!
$ponke #ponke
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DailyCryptoUpdates
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Fetch.ai Brings Technology to Every Corner of the Globe: Q2 2024 Events List
Fetch.ai is taking a significant step to introduce its innovative AI and blockchain technologies to every corner of the world. By sharing the list of events they will participate in during the second quarter of 2024, they aim to connect with more people globally.
Here is the list of events Fetch.ai will attend in Q2 2024:
ConFtrenceDate: May 15-16, 2024Location: DortmundBerlin Blockchain WeekDate: May 18-27, 2024Location: BerlinTelekom & FriendsDate: May 22, 2024Location: BerlinDetails: Fetch.ai will co-host this event.Blockchain Ireland WeekDate: May 28-29, 2024Location: DublinBulgaria Innovation HackathonDate: May 31, 2024Location: SofiaConsensus 2024Date: May 29-31, 2024Location: AustinIIT-MadrasDate: May 30-31, 2024Location: ChennaiSuperAIDate: June 5-6, 2024Location: SingaporeLondon Tech WeekDate: June 10-14, 2024Location: LondonDetails: Fetch.ai will participate as a Silver Sponsor.AI Summit London + HackathonDate: June 12-13, 2024Location: LondonDetails: Fetch.ai will participate as a Gold Sponsor.
Importance of the Events
Fetch.ai's participation in these events offers a significant opportunity to introduce their technologies and innovations to a broader audience. By emphasizing the integration of blockchain and AI technologies, they will shed light on advancements in these fields.
These events also provide a platform for Fetch.ai to expand its global network, establish new partnerships, and strengthen existing ones. Events in major tech hubs like Berlin, London, and Austin support Fetch.ai's goal of reaching a wider audience with its vision and technology.
By participating in these events in Q2 2024, Fetch.ai is determined to promote its technology worldwide and connect with more people. Their presence at these events will be a great opportunity to showcase their innovative solutions in blockchain and AI technologies. For those interested in following Fetch.ai's journey closely, these events offer invaluable opportunities.
#ai #artificialintelligence #aitech #fetchai #fet $FET
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TheVRSoldier
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Fetch.ai (FET) Price Could Witness a Death Cross, Mallconomy Makes Shopping an Adventure
Fetch.ai (FET) price is close to noting correction for multiple reasons, including potential selling at the hands of investors. Furthermore, the altcoin is also susceptible to a death cross, which could pull FET down to $1.7. On the other hand, Mallconomy redefines online shopping with a gamified metaverse experience that’s convenient, rewarding, and downright fun. Their $WOOT token keeps the ecosystem running and is available for purchase now.

Fetch.ai Loses Potential Investors

Fetch.ai’s price, at the time of writing, is close to noting a drawdown owing to the declining support from investors. The network growth has dipped to a seven-month low after spiking during the recent rally.

The network growth is used to assess the traction of a project in the market, whether it is losing or gaining. This is calculated by the rate at which new addresses are formed on the network. A decline in the same suggests that potential investors do not see much incentive to participate in the network.

This is probably due to the saturation of profits among FET holders. According to the Historical Break Even indicator, more than 97% of the supply is presently above the price it bought. The remaining 3% is divided among investors bearing losses, i.e., those who bought at an all-time high price.

Thus, this presents a scenario where selling or profit-taking is the more dominant sentiment than HODLing. This is also a threat to the price action as massive dumping could lead to a correction.

Fetch.ai (FET) Price Prediction: $2 Is the Crucial Support

The price of Fetch.ai has seen a drop of 12.7% in the span of a week, with the altcoin sitting at $2.015, close to the support at $1.96. The increasing bearishness at the hands of investors could cause a drop below this support.

coinmarketcap

Additionally, the altcoin is vulnerable to a death cross. However, a death cross occurs when a short-term 50-day Exponential Moving Average (EMA) crosses below a long-term 200-day EMA, indicating a potential bearish trend. This could drag FET down to $1.71. On the other hand, the support of $1.96 has been tested multiple times recently but has not been broken down below. If this level remains unbroken, Fetch.ai’s price could bounce back, pushing FET to $2.26. Breaching and flipping it into support would enable a rise to $2.46 and beyond, in effect invalidating the bearish thesis.

Shop, Earn, and Explore with Mallconomy 

Mallconomy is more than just a shopping destination. It’s a community. The platform fosters a space where users can be shoppers, creators, or simply curious explorers. With its unique “Browse-to-Earn” model, Mallconomy rewards users for interacting with virtual stores, making the entire experience even more engaging.

Mallconomy stands at the forefront of a retail revolution. It’s a glimpse into the future of e-commerce, offering a platform that’s not only convenient but also rewarding and fun. So, step into the metaverse and experience shopping like never before. This isn’t just about browsing products on a screen. Mallconomy takes you into the heart of the metaverse, offering an immersive and gamified experience. Explore virtual stores from the comfort of your couch using your smart TV, or dive deeper with a metaverse headset. No matter your device, Mallconomy makes shopping interactive and fun.

Mallconomy ($WOOT) Token

$WOOT is an ERC-20 token on the Ethereum Smart Chain with a maximum supply of 4,000,000,000 (4 billion). It serves as the native token of the Mallconomy ecosystem. Token claiming and the public launch will occur simultaneously once the presale concludes. Details will be announced once the date is confirmed. Stay tuned for announcements on CEXs and DEXs where $WOOT will be tradable.

$WOOT tokens are available for purchase at mallconomy.com. Simply visit the official website, connect your wallet, and choose your preferred payment method, including Ethereum, USDT, BNB, and credit/debit cards. Ensure your wallet has sufficient gas fees, and don’t forget to check the auto-staking feature after your purchase.

The post Fetch.ai (FET) Price Could Witness a Death Cross, Mallconomy Makes Shopping an Adventure first appeared on The VR Soldier.
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