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front pageToday's NewsFetchai Price Prediction 2024: Is AI Cryptocurrency a Smart Investment?

Fetchai Price Prediction 2024: Is AI Cryptocurrency a Smart Investment?

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As the AI-related cryptocurrencies continue to develop, certain AI cryptocurrencies, including Fetch.ai, have seen significant gains. The announcement of the “Super Intelligence Alliance” between Fetch.ai, Ocean Protocol, and SingularityNET marks a significant development. The move was supported by the largest cryptocurrency exchange, Binance. On March 27, these AI projects unexpectedly announced their merger, a rare event in the cryptocurrency world, in which their respective tokens will transition to new tokens and shared economic models. By sharing resources, they aim to build a decentralized AI framework that will rival giants such as OpenAI and Google. The joint effort, called the “Super Intelligence Alliance,” introduces a new cryptocurrency, ASI. Fetch.ai, SingularityNET, and Ocean Protocol emphasize the important decentralization of ASI at all technical levels, from network infrastructure to AI software and models, which is essential to advancing human progress.

At the end of March, Fetch.ai’s price reached an all-time high of $3.47. Since then, $FET’s price has fallen by more than 58%, including 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 37.36, indicating a neutral market sentiment, while the Fear and Greed Index is 51, indicating a neutral market environment. Technical analysis shows that Fetch.ai is trading below its 200-day simple moving average, which is $1.58, which could indicate oversold conditions.

This situation could set the stage for a reversal or rebound if buying interest increases and the price breaks above this moving average. However, if $FET attempts to rise above this average but cannot maintain momentum, it could face challenges, potentially falling to the $1.25 support level, with the strongest support located at $1.09.

For more insights into Fetch.ai’s price predictions, watch the video above and subscribe to his YouTube channel. Jacob Bury also runs a Discord channel with 26,000 members, where he offers trading tips and information about upcoming cryptocurrency presales.

WienerAI is a new meme cryptocurrency project that uses artificial intelligence and forecasting technology to provide one of the most advanced trading bots in the industry. Launched a few months ago, WienerAI quickly attracted a vibrant community and received a significant amount of funding, becoming a sizable competitor in the cryptocurrency market. Recently, this AI-driven meme cryptocurrency achieved a milestone of $6.3 million in its initial public offering. Its unique combination of humor, innovation, and advanced technology has generated significant attention. WienerAI's forecasting tool helps traders identify potential big winners by analyzing on-chain data and providing trading signals based on user-defined criteria.

The bot can instantly execute buy orders with zero fees and includes protection against front-loading bots, ensuring traders get the best price. Additionally, WienerAI allows users to stake their tokens, offering an annualized yield (APY) of 181%. Token holders are continually rewarded, receiving 3938 $WAI per Ethereum block for two years. The price of $WAI is $0.000721, making it a worthwhile investment option in today's cryptocurrency market. With the growing attention paid to artificial intelligence and the mainstream popularity of meme-based cryptocurrencies, WienerAI seems to be just the right time.

For the latest news on the WienerAI presale, follow their X account (formerly Twitter) or join their official Telegram channel. To participate in the $WAI token presale, visit wienerdog.ai.

Related
Fetch.ai Price Prediction: FET leads gains with 26%, but experts say this other AI meme cryptocurrency could grow 100x
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