FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations. However, for savvy investors looking to capitalize on potential rebounds, there are key altcoins showing strong bullish recovery signs.
The price of FET, the native token of the Artificial Superintelligence Alliance, has experienced a significant decline over the past 24 hours, dropping by 18%. After peaking at $1.62 yesterday, FET's price has now plummeted to $1.30, triggering concerns among traders and investors about the token's short-term outlook.
Story Highlights The FET price hints at a 60% jump with a bullish reversal. BitTorrent's price adds 28%, and it is expected to hit $0.000001740. The Polygon price holds its value above $0.39 despite correction.
FET, the native token of the Artificial Superintelligence Alliance, is one of the top losers in the market today due to an 18% price decrease in the last 24 hours. This decline drove the FET crypto price from a peak of $1.62 yesterday to $1.28 at the time of writing.
FET, the cryptocurrency tied to the Artificial Superintelligence Alliance, has been showing considerable growth in both large transactions and active addresses, indicating a rise in investor engagement. Over the past 24 hours, the cryptocurrency experienced a dramatic 172.7% jump in large transactions—those valued at $100,000 or more.
FET large transactions surge by 172. 7% in 24 hours with active addresses hiking by 142.4% over the past week.
November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.
Jupiter (JUP) has recently been a standout performer in the crypto market, showcasing an impressive gain of 45.85% over the past month. Despite this rally, the token encountered significant selling pressure as it struggled to break above a key resistance level.
The recent rally in Jupiter price (JUP) has gained substantial attention in the cryptocurrency market, as the token climbed 29% within a week to reach $1.20. This sharp increase has raised questions about the potential for continued upward momentum, with indicators suggesting that further growth could push JUP Price towards the $1.8 mark.
FET is at a pivotal juncture, where a shift in derivative market sentiment could catalyze a breakout.
Fetch.ai (FET), the AI-driven blockchain platform, is attracting significant attention as it gears up for a potential rally. The token has displayed strong bullish signals, suggesting it could rise by 25% to reach the $1.80 mark.
A resistance level could delay a bullish trend from forming on Jupiter's chart.
As one of the top-performing Solana-based DeFi protocols with rising TVL, Jupiter (JUP) witnessed a ~35% price rally. With the altcoin reclaiming the $1 psychological mark, the uptrend eyes a bullish extension.
An upside could be on the cars thanks to THIS pattern.
The Artificial Superintelligence Alliance (FET), the leading crypto-AI token is gaining significant attention from crypto enthusiasts following a notable 25% price surge in recent days. Despite this impressive performance, FET is poised for another rally as it has formed a bullish price action pattern on its daily time frame.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
The price of FET, the token of Artificial Superintelligence Alliance, has surged by 10% in the past 24 hours, signaling a potential recovery from the losses it incurred in October. The price increased from $1.10 to $1.25, marking a sharp rebound after a challenging month in which it saw a 13.39% decline.
After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.
Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
Artificial Superintelligence Alliance (FET) is one of the top gainers today, registering a 10% increase within the last 24 hours. This FET recovery contradicts its performance in October, when its price decreased by 13.39%.
VanEck launches a Solana Pyth ETN in Europe, offering exposure to PYTH token via Euronext, enhancing access to oracle network assets. The post VanEck launches Pyth ETN in Europe appeared first on Crypto Briefing.
VanEck has launched its latest Exchange Traded Note, the VanEck Pyth ETN.
Asset manager VanEck has launched a new ETN based on PYTH, specifically for European buyers. The Pyth network, a decentralized oracle protocol, has earned praise from VanEck for its potential to transform the DeFi landscape.
VanEck asset management company has launched a new PYTH ETN product, extending its European offerings with a focus on the Solana-backed Pyth Network. This new product, listed on Euronext Amsterdam and Euronext Paris, aims to provide investors across 15 European countries with exposure to PYTH without requiring direct cryptocurrency holdings.
TL;DR VanEck launches the Pyth ETN on Euronext Amsterdam and Euronext Paris. The Pyth Network acts as a decentralized oracle, providing external data to smart contracts. The ETN is available in several European countries, including Germany, France and Spain.
The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
VanEck introduced a new ETN linked to the PYTH token, allowing investors in 15 European countries to indirectly invest in PYTH.
This new Exchange-Traded Note (ETN) lets investors invest in the performance of PYTH. They don't need to buy or store it directly.
Story Highlights The live price of the AKT token is FET Price price could hit a high of $10 by the end of the year 2024. With a potential surge, the FET price may record a high of $120 during the year 2030.
The cryptocurrency market continues to fluctuate, one coin is currently under scrutiny: Jupiter (JUP). After briefly climbing above the $1 mark, JUP has begun to retrace its steps, raising concerns about its future trajectory.
The current downtrend is strong, and it could continue if there is no shift in demand.
Artificial Superintelligence Alliance (FET), the popular token in the Crypto AI sector is now poised for an upside rally after experiencing a price drop of over 35% in recent weeks. The reason for this bullish speculation is FET's positive price action and recent activity by whales.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Pyth Network's momentum showcases its potential to challenge established Oracle providers significantly.
JUP may soon register a decline as the market enters its next phase.
Fetch.ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group's cloud computing subsidiary Alibaba Cloud as a cloud provider. Artificial Superintelligence Alliance is a merger of SingularityNET, Ocean Protocol, and Fetch.ai, with the token trading under the FET symbol.
Pyth Network's pull-based model has driven high transaction volumes, intensifying the Oracle's competition with Chainlink.
Fetch.ai successfully integrated with the CUDOS mainnet through a network upgrade, merging CUDOS tokens and enhancing decentralized computing capabilities.
Fetch.ai completed its CUDOS network integration while establishing a partnership with Injective, leading to increased trading volume and market optimism reflected in technical indicators.
Fetch.ai (FET) price has been experiencing challenges in holding above $1.71, with its latest attempts marking the second failure in three months. However, recent shifts in market conditions suggest that FET may be positioning itself for a potential recovery.
Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
They have introduced a new feature called Biometric Authentication. It helps protect sensitive actions like exporting your recovery phrase or making large transfers.
As the crypto market gears up for November, altcoins are likely to experience notable shifts in price action. Beyond general market sentiment, certain crypto assets are also set to undergo pivotal network and chain updates, which could significantly influence their valuations.
Jupiter (JUP) is catching investor attention as it holds potential for a 100% surge, eyeing the $2 mark. With recent gains of over 30% this month alone, JUP has shown solid upward momentum that could accelerate if certain technical hurdles are overcome.
Jupiter (JUP), the native token of the Solana-based decentralized exchange, has seen a significant price surge recently, reaching $1.01, marking a 25% increase over the past month. This upward momentum positions JUP at its highest price point in 30 days, and market analysts are optimistic about its potential for further gains.