FET Price Is Up 58% Week-On-Week: Is AI Crypto Narrative On The Come Back?

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August 26 saw popular AI cryptocurrencies like Fetch AI (FET) surge, as one FET whale, rebuys 1.79 million tokens at $1.33 each FET price.

August 26 saw popular AI cryptocurrencies like Fetch AI (FET) surge, fetch-ai icon fetch-ai icon Price Trading volume in 24h Last 7d price movement , with one FET whale rebuying 1.79 million tokens at a FET price of $1.33 each, a move worth $2.38 million in USDT.

This spectacle highlights the charged atmosphere around AI assets and how Crypto AI startups are emerging as pioneers in the blockchain world.

Can Fetch AI and other AI blockchain startups be the next big thing in 2025? This article will tell you.

How Crypto-AI is Shaping New Frontiers

(FETUSDT)

Fetch AI’s price shot up +12% to $1.3, riding a rollercoaster from $1.17 to $1.40.

However, despite a strong bounce of the 20DMA, the FET price has surged to the top of its Bollinger band volatility range.

Yet, some warning signs are emerging as the RSI pushes into overextended territory, suggesting a period of consolidation could be on the way before further upside resumes.

AI investor eyes are glued to the $2 resistance level to see if Fetch AI can break through it.

Fetch AI’s recent surge indicates a greater macro trend among Crypto-AI startups to integrate decentralization with AI’s advanced computational capabilities.  Think of it as Google for crypto data.

Leading the charge, PIP Labs has rolled out Story Protocol, a blockchain that isn’t just a ledger but a trophy cabinet for creators, rewarding originality in this AI-driven era. With a16z crypto tossing $80 million their way, they’re sitting pretty at a $2.25 billion valuation.

Not to be outdone, Sahara Labs, with its decentralized Sahara AI, snagged $37 million, catching the eyes of Pantera and Polychain.

Also, Sentient is another standout, co-founded by Sandeep Nailwal from Polygon.

EXPLORE: What Are Crypto AI Coins? A Beginner’s Guide

Future Implications of Crypto-AI and Fetch AI

Crypto-AI startups are the wild frontier where the brute force of AI meets blockchain’s fortress of transparency. Venture capitalists are diving in, wallets open, betting big on this fusion to shake the foundations of industries. From finance to intellectual property, these ventures are rewriting the rulebook, promising a brave new world of efficiency and security.

As for Fetch AI, with an 8.95% bump in Open Interest, FetchAI buzzes with life, and trading volumes explode by 51.46%.

The price is riding a wave of optimism, eyes set on the elusive $2. But market moods are fickle; if the tide turns, Fetch could find itself anchored at $1.3, bracing for more.

EXPLORE: 16+ Best Cryptos ICOs to Invest in 2024

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Isaiah Mccall

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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