Search Inside Bitcoins Price Prediction: FET Beats Competitors RNDR, AGIX and NEAR With 51% Surge As This AI Meme Coin Presale Rockets Past $3.2 Million

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. Price Price

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The price pumped more than 51% over the past 24 hours to trade at $2.82 as of 2:50 a.m. EST as investors bet big on the AI crypto.

FET’s strong performance over the past day enabled it to emerge as the top performing digital asset. It surpassed top AI crypto competitors including Near Protocol (NEAR), Render (RNDR) and SingularityNET(AGIX). NEAR managed a 33% gain during the same period, while RNDR and AGIX saw their prices rise 33% and 24%, respectively.

The Price Forms A Bullish Channel

BINANCE:FETUSDT Chart Image by StevenWalgenbach

4-hour chart for FET/USDT (Source: TradingView)

The price has printed a series of higher highs and higher lows on its 4-hour chart in the last 24 hours. This has not only resulted in the formation of a positive price channel, but has also led to the AI crypto breaking above the resistance levels at $1.9360 and $2.4430 as well. 

Should the price maintain a position above the $2.4430 barrier throughout the course of today to flip it into support, it may have the foundation needed to keep rising in the following 24-48 hours. This bullish thesis could be invalidated if FET breaks below the $2.4430 mark within the next 24 hours. In this alternative scenario, the altcoin may be at risk of retesting the subsequent level at $1.9360 in the short term.

Technicals Show The Price Still Has A Lot Of Bullish Momentum

Technical indicators on FET’s 4-hour chart suggest the crypto may continue to rise in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flagging bullish.

The MACD line is breaking away above the MACD Signal line, which may be a sign that FET’s bullish trend is growing stronger. Similarly, the RSI is positively sloped above its Simple Moving Average (SMA) line. This is generally seen as an indication that bulls have the upper hand against sellers, and the prior is growing stronger as well.

While the price looks set to continue climbing in upcoming days, investors are rushing to buy into Scotty the AI as its presale soars past $3.2 million.

Merging Meme Coin Culture With The Booming AI Industry

Scotty the AI is the latest dog-themed altcoin to enter the highly-active meme coin space. It’s a project like no other as it includes sophisticated AI models that enable it to analyze vast amounts of code for potential bugs and security threats.

Meme coin investors are known for their ability to rally together and pump a newly-launched altcoin’s price to unprecedented heights. Meanwhile, the AI crypto sector is flourishing following the launch of ChatGPT, as investors seek to get in early on projects that are able to merge the crypto sector with AI.

Given its appeal to both meme coin and AI crypto investors, it may only be a matter of time before the price of Scotty the AI’s native token, SCOTTY, goes ballistic.

SCOTTY’s Skyrocketing Presale

Investors are already scrambling to get in on SCOTTY in its early stages, as shown by the performance of the AI-powered meme coin’s presale. In just the past 24 hours, the project smashed through the $2.8 million milestone to do the same with the $3.2 million mark just hours thereafter.

Apart from the potential to return 10X gains for investors given its appeal to both the AI crypto and meme coin communities, investors are booking their spot in the project’s lucrative staking program as well. Presale buyers will gain access to up to 59% in annual rewards. 

To get in on this opportunity is a simple process, as SCOTTY can be bought using ETH, USDT or bank card on the project’s official website. Investors also have the option to buy the meme coin using MATIC or BNB, but such purchases are not eligible for the high annual staking rewards on offer.

SCOTTY can be purchased here.   

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