AI Memecoin pre-sale rocket exceeds $3.2 million, Fetch.ai price prediction: FET beats competitors RNDR, AGIX and NEAR with an increase of 51%

Fetch.ai prices have risen more than 51% in the past 24 hours and are trading at $2.82 as of 2:50 a.m. ET. Investors have high hopes for this artificial intelligence cryptocurrency.
FET’s strong performance over the past day has made it the best performing digital asset. It outperformed top AI cryptocurrency competitors Near Protocol (NEAR), Render (RNDR), and SingularityNET (AGIX). NEAR achieved 33% growth during the same period, while RNDR and AGIX prices increased by 33% and 24%, respectively.
Fetch.ai Price Forming Bullish Channel
Fetch.ai price has printed a series of higher highs and higher lows on the 4-hour chart over the past 24 hours. This has not only led to the formation of a positive price channel but also enabled the artificial intelligence cryptocurrency to break above the $1.9360 and $2.4430 resistance levels.
If the Fetch.ai price holds the $2.4430 support level today, it could have the basis to continue rising and keep rising over the next 24-48 hours. This bullish view could be invalidated if FET breaks below the $2.4430 support level over the next 24 hours. In this alternative scenario, the coin could face the risk of retesting the $1.9360 level in the short term.
Technical indicators show Fetch.ai price still has a lot of bullish momentum
Technical indicators on FET’s 4-hour chart suggest that the cryptocurrency could continue to rise over the next 24 hours. Both the Moving Average Convergence/Divergence (MACD) and the Relative Strength Index (RSI) are bullish.
The MACD line is breaking away from the MACD signal line, which could be a sign of a strengthening bullish trend for the FET. Similarly, the RSI is positively sloping above its simple moving average. This is often seen as an indication that bulls have the upper hand over sellers, and the former are gaining strength.
While Fetch.ai price looks poised to continue rising in the coming days, investors are rushing to buy Scotty the AI as its pre-sale has surpassed $3.2 million.
Merging Memecoin Culture with the Booming Artificial Intelligence Industry
Scotty the AI is the latest dog-themed altcoin to enter the highly active memecoin space. It is a unique project because it incorporates a sophisticated artificial intelligence model that enables it to analyze large amounts of code to look for potential vulnerabilities and security threats.
Memecoin investors are known for their ability to rally together and drive the price of newly launched altcoins to unprecedented heights. Meanwhile, the AI cryptocurrency industry has boomed after the launch of ChatGPT, with investors seeking early access to projects that can combine the cryptocurrency industry with artificial intelligence.
The price of Scotty the AI’s native token, SCOTTY, could soon soar, given its appeal to memecoin and AI cryptocurrency investors.
SCOTTY's pre-sales take off
Investors are already rushing to get in on SCOTTY’s early days, as shown by the performance of the AI-based memecoin’s presale. In the past 24 hours, the project surpassed the $2.8 million milestone and crossed the $3.2 million mark a few hours later.
In addition to the potential rewards that attract the AI cryptocurrency and memecoin community, investors can also participate in the project's lucrative staking program. Pre-sale buyers will receive up to 59% annual returns.
It is very simple to seize this opportunity, as SCOTTY can be purchased on the project’s official website using ETH, USDT or a bank card. Investors can also choose to purchase this memecoin using MATIC or BNB, but such purchases will not qualify for the high annual staking rewards offered.
SCOTTY can be purchased here.