With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.
Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.
OpenAI's latest funding could be a great development for the Sam Altman-led company. However, for Artificial Intelligence (AI) coins, including Bittensor (TAO) and Artificial Superintelligence Alliance (FET), it is a classic “sell the news” event.
For now, however, the poor short-term performance does not seem to have affected the medium-term one.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
FET price has seen significant price action recently, driven in part by shifting market sentiment following CUDOS' addition to the Artificial Superintelligence Alliance (ASI). Despite this development, some concerns have emerged regarding FET's price potential.
With BTC's price holding its value above the $64k level, the market has experienced increased bullish action. Moreover, the memecoin and AI categories have recorded the highest gains within a short period.
FET price is showing some unusual patterns that could impact its direction in the near future. Recent activity from major holders has caught attention, raising questions about what's next for the token.
Fetch AI (FET) price has recently experienced a notable increase despite minor market downturns, highlighting its resilience. This outlook can be attributed to the upcoming Coinbase listing of FET perpetual futures, which may catalyze further gains.
The Jupiter DEX aggregator is near the end of its vote on using about 215M JUP tokens. The options include a token burn, locking the assets in a community wallet, or using them for active staking rewards (ASR).
Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.
The price of Artificial Superintelligence Alliance (FET) has surged by 35% this month, marking a strong recovery after previous declines during the early phases of the AI coin mergers. This recent performance has made September a positive month for the cryptocurrency.
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Here is how some of your favorite assets concluded the week.
Jupiter has opened voting on what happens to the 215 million JUP tokens unclaimed from the project's airdrop. On Sept. 27, the Jupiter (JUP) team announced that the vote on how to dispose of unclaimed tokens is live.
As part of a new agreement, Phala Network will enhance its AI capabilities using io.net's GPU cloud infrastructure, making advanced computation more accessible. GPU cloud network io.
Oracle platform Pyth Network now supports Mother Iggy, bringing real-time price feeds to more than 75 blockchains. Pyth Network (PYTH) announced this on Sept.
io.net, a decentralized GPU cloud network, has entered into a strategic partnership with Phala Network to advance secure computation and decentralized AI. The collaboration will leverage io.net's cloud platform, IO Cloud, to provide Phala Network with access to high-performance GPU hardware, enhancing its ability to support TEE (Trusted Execution Environment) CPU nodes.
Over $440,000 in FET long positions were liquidated in the last 24 hours.
DWF labs reportedly deposited 1 million Artificial Superintelligence Alliance (FET) tokens (approx worth $1.68 million) to the crypto exchange Binance. This major move comes in when the FET price has jumped by around 42% since these token entered their portfolio.
Seasoned crypto trader switches focus from mainstream meme coins to AI crypto after a few badly-timed plays.
FET is establishing itself as the dominant force in the AI cryptocurrency space, outperforming its competitors in both market cap and trading volume. With 75% of addresses in profit and a recent golden cross signaling strong bullish momentum, FET may be on the verge of a significant rally.
Markus Thielen, the Head of Research at 10x Research, savvy traders are shifting their focus from Bitcoin to promising altcoins, and you might want to pay attention. Recent trends show that trading volumes for altcoins have surged as traders look for high-risk, high-reward opportunities amidst changing market dynamics.
Bitcoin's return to $60,000 and surging AI tokens like ICP, FET, and INJ spark discussions of a potential altcoin rally.
Jupiter will hold a vote on using an additional 215M JUP tokens or burning them to decrease the supply. JUP will also see more unlocks for team tokens from 2025 onward.
The ASI coalition expands as Kamala Harris gives kudos to the artificial intelligence and digital asset sectors.
At the recent Solana Breakpoint 2024 conference, Siong Ong, co-founder of Jupiter, took the stage to highlight the latest developments and innovations on the popular Solana-powered decentralized exchange (DEX).
With a critical merger on the horizon, ASI price hikes as Kamala Harris backs crypto and AI.
The Graph token saw high demand in recent days and little selling pressure. The Funding Rate was also positive.
A closely followed crypto analyst says that a clear bull pattern is forming for one artificial intelligence (AI)-focused altcoin while updating his outlook on three other tokens. Pseudonymous crypto trader Altcoin Sherpa tells his 223,300 followers on the social media platform X that a “clear bull trend” is underway for machine learning protocol Bittensor (TAO).
The Artificial Superintelligence Alliance (FET) appears to be highly bullish and is poised for a significant upside rally, likely due to its breakout confirmation and support from the vice president. FET Technical Analysis and Upcoming Level According to expert technical analysis, FET appears bullish after successfully retesting its breakout level of $1.
These three altcoin projects are vastly outperforming the market today, as investors increasingly pile into higher-risk crypto projects.
Explore in-depth analysis and expert predictions highlighting top 3 AI Cryptos predicted to make substantial gains this year. Unearth potential lucrative investments and understand the intertwining of AI and cryptocurrency.
Jupiter token retreated for two consecutive days even as the volume of transactions in Solana's ecosystem jumped. Jupiter (JUP) retreated to $0.08 on Sept.
Artificial intelligence-related cryptocurrencies have recorded impressive gains after Nvidia teamed up with Alibaba. According to data provided by CoinGecko, AI tokens recorded a 5.9% surge over the past day.
The Pyth Network has launched its Oracle Integrity Staking (OIS) program, designed to enhance accountability among data sources by introducing both staking rewards and penalties for participants.
FET and TAO are driving the crypto market with their impressive performance, attracting the attention of investors and analysts.
FET approaches a key resistance level with the potential for a significant price movement, while mixed market signals create uncertainty about its short-term trajectory.
The exchange will also release a mobile app allowing token swaps using Apple Pay, Google Pay, or credit cards with zero fees.
Discover the top 3 cryptocurrencies set to dominate the market in Q4 2024. Learn why FET, Bittensor (TAO), and Solana (SOL) are primed for growth, with insights on resistance levels and bullish potential.
FET was on the verge of a breakout, which could result in a move towards $3.
Fetch.AI approaches key resistance with strong on-chain support but potential short-term risks.
AI altcoins are dancing in the rain! FET jumps by 71%, TAO is trying to keep up with its 28%.
The Artificial Superintelligence Alliance (FET) is making a wave in the cryptocurrency landscape following its impressive price performance over the past few days. With its remarkable price surge, FET has confirmed its bullish breakout from an inverted head and shoulder price action pattern.
A widely followed cryptocurrency analyst and trader believes one Ethereum (ETH) competitor is forming a bullish reversal pattern. The analyst pseudonymously known as Rekt Capital tells his 499,100 followers on the social media platform X that Avalanche (AVAX) may have reached a market bottom after a retest of a key level around $21.
There are no platform fees, so you won't have to pay extra money just to use it. Plus, you can use Apple Pay, Google Pay, or even your credit card to get started.
TL;DR Acquisitions to Enhance Capabilities: Jupiter DEX acquires SolanaFM and Coinhall to significantly boost its data infrastructure and cross-chain trading functionalities. New Product Launches: Jupiter Mobile, developed with MoonPay, will enable fee-free crypto trading via Apple or Google Pay. Additionally, the Ape's Pro trading terminal will focus on meme coin trading.
Apart from SolanaFm and Coinhall acquisitions, Jupiter is launching new products, including Jupiter Mobile, created with MoonPay, allowing fee-free crypto trading via Apple or Google Pay.