Fetch.ai's native token FET recorded a significant 24-hour surge of 21.46%, reaching $0.2456** with a total trading volume of **$27 million. The token currently holds a market capitalization of $200 million, ranking #86 among global cryptocurrencies.
Key Market Data (Past 24 Hours)
- Highest Price: $0.2475
- Lowest Price: $0.2014
- Circulating Supply: 819,840,330 FET
What Is Fetch.ai?
Fetch.ai is a decentralized machine learning platform designed to connect IoT devices and algorithms for collective learning. Launched in 2017 by a Cambridge-based team, it leverages:
- High-throughput sharded ledger technology
- Smart contract-enabled AI/ML solutions
- Open-source tools for ecosystem development
The platform enables decentralized problem-solving through autonomous economic agents (AEAs), fostering innovation in supply chain logistics, DeFi, and data monetization.
Historical Performance
| Period | Price Change |
|---|---|
| 1 Week | +22.78% |
| 1 Month | -6.56% |
| 3 Months | -41.04% |
| 6 Months | +136.47% |
| YTD (2023) | +144.48% |
FAQ Section
Q1: What drives FET's price volatility?
A1: FET's value fluctuates based on AI/ML adoption trends, IoT sector growth, and overall crypto market sentiment. Recent partnerships and mainnet upgrades have contributed to its upward momentum.
Q2: Where can I securely trade FET?
A2: For a seamless trading experience, 👉 explore FET on trusted platforms with robust liquidity and advanced charting tools.
Q3: How does Fetch.ai differ from other AI blockchains?
A3: Unlike centralized alternatives, Fetch.ai employs decentralized AEAs that autonomously negotiate and execute tasks—eliminating middlemen in data/asset exchanges.
Industry Insights
The AI-crypto convergence is gaining traction, with projects like Fetch.ai bridging machine learning and blockchain. As decentralized AI solutions expand, expect further institutional interest in tokens like FET.
👉 Stay updated on AI crypto trends with real-time market analysis and expert commentary.
Note: All financial data is accurate as of the latest market update. Conduct independent research before investing.
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