Fetch.AI (FET) has surged by 35% in the past 24 hours, driven by strong performance across AI-related cryptocurrencies. This growth is part of a broader trend in the AI crypto market, which has seen a 12% average increase.
A key factor is the upcoming token merger involving Fetch.AI, Ocean Protocol, and SingularityNET, with Binance supporting the initiative. This merger is contributing to positive sentiment and significant price movements in these AI tokens.
The rise of $FET reflects growing interest in AI-driven blockchain projects and strategic developments like token mergers.
Investors should monitor the AI crypto space for further opportunities and potential market shifts.