- FET hits an all-time high at $1.67, signalling strong AI market interest.
- AI and strategic partnerships may have propelled Fetch.ai’s remarkable surge.
- Crypto analysts see Fetch.ai potentially breaking the $2 mark soon.
Fetch.ai (FET) recorded a new all-time high, touching $1.67%, signifying a sharp growth of 14.82% on March 1st. This achievement reveals the increasing investor confidence in Fetch.ai, gradually spurred by a solid stream of positive factors in the AI and crypto markets.
At press time, FET was still bullish, with prices up 21% from the intra-day low to $1.58. During the rally, FET’s market capitalization and 24-hour trading volume surged by 21.78% and 0.58%, respectively, to $1,314,710,934 and $493,634,316.
FET/USD 24-hour price chart (source: CoinStats)
As for the rest of the cryptocurrency market, a rising trend has been witnessed with top cryptocurrencies, such as Bitcoin and Ethereum, setting the tone with considerable gains after hitting $63k and $3500, respectively, during the rally, as reported by CoinEdition. As a result of this positive market sentiment, a spillo…
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