Index
Indicators
Information about Fetch.ai (FET)
Fetch.ai is a platform designed to connect algorithms and Internet of Things (IoT) devices to enable automated economic activities. Fetch.ai creates an ecosystem where economic activities in energy, supply chain, hotels, and transportation can occur autonomously by combining Blockchain technology and artificial intelligence (AI).
Fetch.ai’s technology has a three-layer structure: Autonomous Economic Agents (AEA), Open Economic Framework (OPF), and Smart Ledger. With this mechanism, Fetch.ai allows automating internal operations and creating a marketplace for information, data, energy, supply chain management, or hardware sharing services.
As a platform that combines future technologies, Fetch.ai creates an automated economy and can connect data, hardware, people, and infrastructure and bring efficient results optimally.
Fetch.ai token (FET) is a utility token of the Fetch.ai ecosystem, operating on the Ethereum platform according to ERC20 standards and used for the following purposes:
News
All top five Crypto AI tokens have turned profits, following a 10% rise in Nvidia’s stocks since April 9, which went from 94.50 USD to 114 USD.
SEI has become one of the most searched assets in Coingecko, contributing to its price rally potential as capital inflows increased due to favorable US CPI data.
Render Network leads with a 45.6% gain, Bittensor at 30.4%, FET at 35%, and ICP with 10.3%, showcasing a robust week for Crypto AI tokens.
FET has rebounded nearly 50% after hitting a low of 0.34 USD during recent market declines, demonstrating strong demand from investors.
Market makers consider 0.34 USD a significant support level, suggesting that if capital inflows continue, FET could push towards the resistance level of 1.00 USD.
Despite signs of accumulation, high selling pressure still poses a threat to the 0.34 USD support, with FET being undervalued at the moment.
On April 10, 2025, Decentral House welcomed over 100 attendees to discuss the intersection of AI and blockchain technologies, emphasizing their transformative potential.
Maria Minaricova from Fetch.ai highlighted that autonomous AI agents are crucial for the evolving internet infrastructure, while Mattijs de Vries from Nuklai shared the need for effective data collaboration frameworks.
The discussions reflected a broader vision of blockchain innovation in Geneva, promoting the significance of regulatory frameworks and collaboration within the AI community.
FET continues to struggle against strong selling pressure as it aligns with a broader bearish sentiment within the cryptocurrency market. Significant daily liquidations are occurring, indicating a reluctance among investors to buy, further complicating any recovery prospects for FET.
Recent analysis highlights a key support level for FET at approximately $0.295. Technical indicators point to a lack of buying pressure, suggesting that investors should remain cautious as FET may face further declines.
People also own