$FET


Here's a strongly bearish outlook versus a bullish outlook for FET.

I noticed the recent price trend looks eerily similar to a previous pattern for this coin that played out with a major correction and consolidation that lasted months, before any strong upside. This, of course would mean a much greater and quite severe correction in the overall crypto market that would drag FET price down significantly (80%). The macro and crypto environment although slightly bearish in the very short-term does not signal any doom and gloom scenarios right now, but you never know what's around the corner.

On the flip side, there is an ascending channel that could mark the bottom at around current price levels for FET and may likely yield 80% returns. However this bullish channel is being broken currently. Time will tell where these daily candles will finish.

Currently the trend for FET and the broader crypto market is unclear so it's best to stand by and see how this plays out.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸

Why do I belive in this crypto, when her chart is disastrous?
$FET


I think, you know tath the whole world facing an impending energy crisis. Utilities just can’t keep up for example: the rapid growth of cryptocurrency has caused electr city usage to balloon, with some estimates show it doubling or quadruplig annually. Each day more than 2.5 quintillion bytes of data are created. In fact, if we could gather up all the data in the entire world and take a close look at it, we’d discover something truly mind blowing. We’d see that more than 90% of all that data was generated in the last two years alone and it continues to grow. AI generated data to increase another 50% in just the next few months. And with data production increasing exponentially at such a rapid pace. That mean massive AI center are needed immediately. (Amazon, Microsoft are invested 100 billion dollar for a new data centers)

The world’s power supply is disappearing fast and the Big Tech moguls are scouring the country and the rest of the globe trying to find or create more. And this is the point where FET comes into play.
Why?
Fetch.Ai brings together machine learning, artificial intelligence, multi-agent systems and decentralised ledger technology to create an economic internet - an environment where digital representatives of the economy's moving parts (such as data, hardware, services, people and infrastructure) can get useful work done through effective introductions and predictions.
Key features
Digital infrastructure for deployment of Multi-Agent SystemsUnique scalable ledger to support high transaction ratesSynergetic computing: Intelligent Smart contracts for autonomous systemsEconomic framework for gowering dynamic marketplacesSemantic, geographic and decision based navigation for autonomous agents to deliver seamless problem solving

And what will be happening in the future? I honestly don't know, but I will keep it in my portfolio.

Elon Musk announced that D.O.G.E. will shut down in July 2026, coinciding with America’s 250th independence anniversary.  

Crypto leaders argue two years is insufficient to reform government spending and tackle the national debt.  

Influencers, including Sean Ono Lennon, urge Musk to extend D.O.G.E.'s mission beyond 2026 for lasting impact.  

Tech billionaire Elon Musk has announced that the Department of Government Efficiency (D.O.G.E.), a venture he co-leads with entrepreneur Vivek Ramaswamy, will cease operations in July 2026. The decision was revealed in a tweet highlighting that government initiatives should have defined expiry dates. Significantly, the shutdown aligns with the 250th anniversary of America’s independence, underscoring its symbolic nature. 

https://twitter.com/elonmusk/status/1863666221301764462

Crypto Influencers Question the Timeline  

The announcement has sparked strong reactions within the cryptocurrency community, especially among Dogecoin enthusiasts. Many believe the proposed timeline is insufficient to address the organization's goals of tackling government inefficiency and reducing national debt.  

Crypto influencers, including Sean Ono Lennon and Gabor Gurbacs, voiced their concerns. Lennon requested Musk to reconsider, emphasizing the need for more time. Gurbacs suggested a permanent watchdog role to ensure lasting reforms.  

Memes Highlight Dogecoin Connection  

Adding to the debate, Dogecoin enthusiasts drew connections between D.O.G.E. and the popular cryptocurrency. The user @dogeofficialceo shared a humorous meme envisioning Dogecoin as the global reserve currency by 2026. Meanwhile, Dogecoin co-creator Billy Markus humorously referenced the project’s self-destructive timeline with a viral meme.  

Musk and Ramaswamy’s initiative comes amid growing concerns about the U.S. national debt, which has reached unprecedented levels over the past four years. Consequently, D.O.G.E. was established to introduce efficiency in government spending and address economic challenges.  

Calls for Extension Gain Momentum  

Prominent figures across the crypto sphere, including Robert Kiyosaki and Michael Saylor, have joined the call to extend D.O.G.E.’s timeline. Their arguments center on the belief that the proposed two years are inadequate to achieve lasting reform.  

While the debate continues, the future of D.O.G.E. remains uncertain, with Musk standing firm on the expiry date. However, the growing clamor for an extension signals the high stakes attached to the organization’s mission.