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With various advancements in AI-related cryptocurrencies, there has been a significant rally among certain AI coins, including Fetch.ai. The announcement of the ‘Superintelligence Alliance’ between Fetch.ai, Ocean Protocol, and SingularityNET marks a significant development.
This initiative garnered endorsement from the largest crypto exchange, Binance. On March 27, these AI-focused projects surprised the blockchain community with news of their merger, a rare event in the crypto world where their respective tokens will transition into a new token and shared economy model.
By pooling resources, they aim to construct a decentralized AI framework capable of rivaling giants like OpenAI and Google. Dubbed the ‘Superintelligence Alliance,’ their joint effort introduces a new cryptocurrency, ASI.
Fetch.ai, SingularityNET, and Ocean Protocol emphasize ASI’s critical decentralization across all tech layers, from network infrastructure to AI software and models, as essential for advancing humanity.
$FET Price Prediction
In late March, Fetch.ai reached an all-time high of $3.47. Since then, the price of $FET has decreased by over 58%, including a decline of more than 37% in the past month. As of now, $FET is trading at $1.45 with a 24-hour trading volume of $158.2 million.
The Relative Strength Index (RSI) is at 37.36, indicating a neutral market stance, while the Fear & Greed Index stands at 51, suggesting a neutral market environment. Technical analysis shows that Fetch.ai is trading below its 200-day SMA, which is at $1.58, possibly indicating oversold conditions.
This scenario could set the stage for a reversal or a bounce-back if buying interest increases and the price breaks above this moving average. However, if $FET attempts to rise above this average but fails to maintain momentum, it may face challenges, potentially falling to support levels at $1.25, with the strongest support at $1.09.
For more insights on Fetch.ai price predictions, view the video above and subscribe to his YouTube channel. Jacob Bury also runs a Discord channel with 26,000 members, where he provides trading tips and information on upcoming crypto presales.
New AI Meme Crypto Presale with 100X Potential Gains After Launch
WienerAI is a new meme coin project that leverages AI and predictive technology to offer one of the most advanced trading bots in the industry. Launched just a few months ago, WienerAI has quickly captivated a vibrant community and secured substantial funding, establishing itself as a formidable contender in the crypto market.
Recently, this AI-driven meme coin achieved a $6.3 million milestone in its ICO. Its unique blend of humor, innovation, and advanced technology has generated significant buzz. WienerAI’s predictive tools help traders identify potential big gainers by analyzing on-chain data and providing trading signals based on user-defined criteria.
This Wiener is taking off … 🚀 pic.twitter.com/vTULsSqMd2
— WienerAI (@WienerDogAI) June 23, 2024
The bot can execute buy orders instantly with zero fees and includes protection from front-running bots, ensuring traders get the best possible price. Additionally, WienerAI allows users to stake their tokens, offering an annual percentage yield (APY) of 181%.
Token holders are consistently rewarded, receiving 3938 $WAI per $ETH block over two years. With $WAI priced at $0.000721, it stands out as a valuable investment option in today’s crypto market. Amid the growing interest in AI and the mainstream popularity of meme coins, WienerAI seems perfectly timed for success.
For updates on the WienerAI presale, follow their X account (formerly Twitter) or join their official Telegram channel. To take part in the $WAI token presale visit wienerdog.ai.
Related
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