Home
News
- 1 The FET token price is down 5.54% in the past 24 hours and was trading at $0.737 at press time.
- 2 Fetch.ai price technical analysis shows that the price gained over 41% in the past 3 weeks, highlighting strength on the chart.
As the name suggests, Fetch.ai is an artificial intelligence based blockchain network project. It utilizes AI and blockchain to create a network of data and digital twins. Digital twins are the virtual copy of real things which can interact with each other.
Fetch.ai also has a technology stack that consists of four parts:
- The digital twin framework helps teams build digital twins and their features.
- The Open Economic Framework helps the digital twins connect with each other.
- The Fetch.ai Metropolis keeps track of the agreements between the digital twins and smart contracts.
- The Fetch.ai blockchain secures the network and allows fast synchronization of digital twins.
These components enable the network to learn from data and share learning models among the participants.
Fetch.ai price rose by 41% over the past three weeks. Moreover, the previous trend analysis shows that the price started to turn bullish since mid October 2023 when the price stopped forming lower lows.
The weekly chart demonstrates that the price consolidated near 200-day EMA and broke out in the last week of October. The price then formed continuous green weeks and kept climbing higher.
The volume analysis shows that the trading volume dropped by 2.35% and reached $155.301 Million in the past 24 hours. The FET crypto ranks 97th among the top cryptos with a live market cap of $616.466 Million. The volume-to-market cap ratio is 26.04% indicating high volatility.
Fetch.ai Price Prediction 2023
The price prediction of FET crypto showcases a neutral to bullish outlook in the short term. The most optimistic estimate of the analysts expects the price to reach a high of $0.807, indicating an upside potential of over 9.72%. The pessimistic outlook of the analysts hopes the price may drop to $0.642.
Fetch.ai Price Prediction 2024
As per the analysts, the most optimistic target that the Fetch.ai crypto price may achieve is $1.538, indicating an upside potential of 108.28% from the CMP. The minimum analyst price target is $1.168 by the end of 2024.
Fetch.ai Price Prediction 2025
Over the next three years, the optimistic view of analysts expects that the FET price may reach a high of $2.240 The price may reach $1.878 according to the average forecast of analysts. Its minimum forecasted price by the end of 2025 is $1.633.
Fetch.ai Price Prediction 2026
The Fetch.ai cryptocurrency price may reach a high of $3.205 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $2.337 by 2026.
Fetch.ai Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts for the Fetch.ai token estimates a price target of $4.270. The minimum price target that FET may achieve by 2027 is $3.386.
Fetch.ai Price Prediction 2028
The analysts are optimistic about Fetch.ai cryptocurrency (FET) and predict that the price could go up to $5.740 in the next five years. However, the pessimistic analysts expect the price to reach a high of $4.352.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
