At the moment of articulating this essay, FET is fluctuating at $0.94. It might soon reach a brand-new all-time high milestone and go above $1 in the next few days. The majority of it is predicated on the idea that AI will keep becoming more and more popular everywhere. That is probably going to occur because big businesses are currently pursuing advancements in AI. One encouraging development among AI tokens is the introduction of Sola, a text-to-video generating tool, by OpenAI.
These consist of Worldcoin (WLD) and FET, among others. The announcement that Deutsche Telekom will work with Fetch.ai to act as a validator and protect the blockchain is another argument in favor of Fetch.ai’s FET. One of the main factors behind the price increase has been recognized as collaboration.
On February 18, 2024, FET already reached the 2-year ATH of $0.8420. FET has the potential to reach a new resistance level and turn the current one into a support level if Sora, OpenAI’s most recent AI tool, keeps performing effectively. The main uses of FET are in financing projects where artificial intelligence (AI) is the underlying technology and in paying for services inside the native ecosystem. DeltaV is one of the ecosystem’s services.
Ethereum and Bitcoin are both significant players. The ascent of Bitcoin to a valuation over $50,000 has set the path for the ascent of all other cryptocurrencies. There is growing conjecture that the price of the leading token will soar due to its historical background, with half of Bitcoin scheduled for a few days from now.
The top altcoin, Ethereum, is combining. It might gain from the influx of cryptocurrency. transferring it to other tokens that are comparable, like FET. According to Fetch.ai’s cryptocurrency price projection, FET may end the year at $0.70. Recent patterns contradict that estimate. By the end of this year, FET will advance to a new support level of $1 if they continue.
Famous digital analyst Crypto Patel believes that given that FET has increased by more than 75% over the past two weeks, the coin may even reach $10. FET has increased by 40.07% in just the last seven days as of the time this article was written. Additionally, it shows a 55.955 growth over the previous 30 days. For Fetch.ai, reaching a crucial milestone of $10 is an unlikely goal, but Crypto Patel has not given up.
The exact moment that Fetch.ai’s FET will touch a new ATH is unknown at this time. No rough schedule is offered. It is only reasonable to assume that it might occur around the time of the Bitcoin Halving. Ethereum’s performance will support its market ascent.