Fetch.ai Price Surges: Here is Why Top Analysts Predict FET’s Rise to “Double Digits” Amid AI Boom
Several cryptocurrency analysts have predicted a substantial increase in the price of Fetch.ai (FET) token in the near future. Sensei and Professor Astrones, notable crypto analysts, anticipate a significant bull run for FET.
Sensei, a top crypto analyst, tweeted that FET is “programmed” to reach “double digits” by the end of the month. Furthermore, he added that the “real question is where FET will stop” given the booming artificial intelligence sector. Sensei forecasted that FET could potentially “touch 25-30 or 40$[sic]” in what would be Fetch’s biggest rally.
Besides, Professor Astrones, another top crypto analyst, concurred with Sensei’s bullish outlook. In a tweet, ProfessorAstrones estimated that FET’s top price in this cycle would be between $20-$30. He stated “Just zoom out and see that we only started”, hinting that such lofty targets were reachable considering FET’s multi-year trajectory. Professor Astrones, expressing enthusiasm, eagerly anticipates FET’s projected parabolic rise, stating, “What a time to be alive.”
Current Fetch.ai Price and Market Behavior
At the time of writing, data from CoinMarketCap revealed that FET was trading at $2.57, with a 24-hour trading volume of over $1.35 billion. Moreover, this marks a significant 26.14% increase from its price in the last 24 hours alone. This surge of buying pressure has pushed FET up the market cap rankings, reflecting growing appetite for the project amongst investors.
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Show more +If the bullish calls of Sensei and ProfessorAstrones come to pass, it would signify an extraordinary rally for FET from its current price. Both analysts correctly identified the immense potential in the AI sector, which Fetch.ai is leveraging to develop distributed technologies.
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