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
FET’s price surged 13% in a day, boosted by a 33% increase over the week. Despite large investors selling off 17.3 million tokens valued at 11.88 million USD, the token maintained its upward trend.
The trading volume skyrocketed by 122.06% to 379.07 million USD in 24 hours. Concurrently, a 10 million token drop in circulating supply, worth around 6.87 million USD, attracted renewed interest from spot traders.
Tokens such as TAO and FET have surged despite NVIDIA’s exclusion of crypto companies from its Inception program aimed at startups. This highlights market confidence in AI tokens even amid restrictions from major industry players.
Bittensor (TAO) reached a weekly high of $368, but current overbought signals suggest potential profit-taking. Meanwhile, FET saw a near 100% increase recently before pulling back to the $0.69 mark, indicating market fluctuations.
AI16Z prices increased by 30%, testing resistance levels around $0.26. The overall bullish sentiment around AI tokens contributes to promising trends moving forward, with traders advised to remain cautious of potential profit-taking.
FET has surged by 53% in just 11 days as of April 21, 2025, reflecting robust buying interest along with market balance.
Key technical signals, including the DMI and MACD, indicate a bullish trend, reinforcing the potential for further price increases towards the target of 0.75 USD.
Despite the bullish momentum, it’s prudent for traders to remain cautious due to possible market volatility that may arise.
During the last 24 hours, TAO surged by 12.5% and FET jumped by 10.14%, reflecting strong demand for AI-centered cryptocurrencies. In Q1 2025, AI tokens garnered 35% of global investor focus, surpassing memecoins’ appeal.
Nvidia’s CEO visited China amid trade tensions, yielding positive sentiments in AI cryptocurrencies. Bitcoin’s firm performance contributes to the elevated interest in AI and memecoins, fostering a bullish environment for these assets.
People also own