Artificial intelligence (AI) technology is growing fast in many different sectors, especially in crypto money and blockchain technology. Some AI crypto projects have outperformed many ‘blue chip’ crypto projects. One of the popular projects fetch.aihas shown a dazzling 400% performance since the beginning of this year.
owned by OpenAI ChatGPT it has quite a lot of potential. Its technology has helped many crypto assets connected to artificial intelligence. One of them, Fetch.ai, managed to climb above the $0.42 resistance area.
According to Santiment, “FetchAi is currently ranked 102nd in the cryptocurrency market after posting a +395% increase in 2023. It also recorded the largest number of transactions in 567 days. $61.2 million worth of $FET was transferred to an existing whale address that also holds $224.46 million ETH.”
Fetch.ai Started The Year With A Tremendous Performance
Koinfinans.com As we reported, Fetch.ai (FET), launched in the summer of 2018, combines blockchain, smart contracts and artificial intelligence technology to create a network of autonomous software intermediaries for AI-powered peer-to-peer applications. The FET network creates a decentralized network of many autonomous agents on behalf of themselves and other people.
The news is prepared FET token price It was trading at $0.4242. Its market cap was $347,399,723 and 24-hour trading volume was up 150%. It is currently at $228,808,592. At the same time, the circulating supply is about 818,912,300 FETs, according to CoinMarketCap.
Despite a 15.63% loss in the last 7 days in line with the crypto market outlook, FET is up 80.18% compared to 30 days ago and has a strong 362.14% gain in the previous 2 months.