👉👉👉 This $2.8 billion AI token skyrocketed 200% in a month
Amidst the resurging interest in artificial intelligence (AI), AI-focused #cryptocurrencies are experiencing a resurgence, with one particular token witnessing a staggering 200% surge in the past month, reaching a new all-time high (#ATH ).
Fetch.ai (#FET ) has notably soared by 203.01% in the last 30 days, recently hitting $3.29. This surge has propelled it among the top gainers in the crypto market, as per the latest data on March 27.
Furthermore, Fetch.ai has seen its market capitalization increase by $1.87 billion over the last month, marking a growth of 210.57% from $885.48 million to $2.75 billion. This rapid ascent has elevated it to the 51st-largest digital asset, closely competing with Arweave ($AR ) for the 50th spot.
In the past 24 hours, Fetch.ai has seen an 8.92% increase in price and a 24.67% gain over the previous seven days, reflecting the ongoing advancement of AI-focused cryptocurrencies.
On a yearly chart, FET has witnessed an impressive surge of 708.62%, significantly surpassing its value of $0.4558 a year ago.
The recent rally of FET coincides with reports suggesting that the Fetch.ai team is contemplating a token merger with two other AI-focused cryptocurrencies – SingularityNET ($AGIX ) and Ocean Protocol ($OCEAN ) – which has also led to significant price increases for the latter two altcoins.
Renowned crypto trading expert Rekt Capital has also observed FET "slowly getting ready to challenge" for a new ATH, as indicated in the analyst's recent post and chart pattern analysis.
Despite Fetch.ai's remarkable climb, investors should remain vigilant as trends in this sector can swiftly change. Conducting thorough research before making investment decisions is imperative in navigating the volatile cryptocurrency market.
Source - finbold.com
