AI-focused tokens and stocks have had a blockbuster year, and FET’s chart could be a hint that the trend will continue.
Artificial intelligence-themed tokens have surged over the past 24 hours, posting double-digit gains as the market digests the US Federal Reserve’s 50 basis-point rate cut.
Artificial Superintelligence Alliance (FET)—a consortium of Fetch.ai, Ocean Protocol and SingularityNET—is a star performer today, with its FET token surging approximately 15% in the last 24 hours to reach $1.54 on Sept. 19.
FET/USD daily chart. Source: TradingView