Future

Solana

Time

Artificial Superintelligence Alliance

<p>AI and big data crypto tokens like Fetch.AI (FET) has embarked on a recovery campaign shortly after former OpenAI CEO Sam Altman’s layoff announcement impacted their combined market valuation.</p>
<p>According to data from <a href="https://www.coingecko.com/en/coins/fetch" target="_blank" rel="noopener noreferrer nofollow">CoinGecko</a>, FET is up as follows over different timeframes:</p>
<figure class="wp-block-table">
 <table>
  <thead>
   <tr>
    <th>Timeframe</th>
    <th>Returns</th>
   </tr>
  </thead>
  <tbody>
   <tr>
    <td>24h</td>
    <td>17.2%</td>
   </tr>
   <tr>
    <td>7d</td>
    <td>39.9%</td>
   </tr>
   <tr>
    <td>14d</td>
    <td>45.6%</td>
   </tr>
   <tr>
    <td>30d</td>
    <td>155.9%</td>
   </tr>
   <tr>
    <td>1y</td>
    <td>830.6%</td>
   </tr>
  </tbody>
 </table>
</figure>
<p>The recent uptick in FET price comes on the heels of Altman’s announcement last week of layoffs at OpenAI, the AI research lab he co-founded back in 2015. The news put pressure on <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI crypto" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI crypto</a> tokens as investors weighed the implications of potential reduced demand in the future.</p>
<p>Founded in 2017 and launched via IEO on Binance in March 2019, <a href="https://fetch.ai/" target="_blank" rel="noopener noreferrer nofollow">Fetch.AI</a> is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy.</p>
<p>The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, and travel—essentially any complex digital system that relies on large-scale datasets.</p>
<p>Analyst Crypto Tony shared a <a href="https://twitter.com/CryptoTony__/status/1726533339333492946" target="_blank" rel="noopener noreferrer nofollow">tweet</a> highlighting that “super solid weekly close above the resistance now support zone at $0.48.”</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="509" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-1024x509.png" alt="" class="wp-image-381287" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-1024x509.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-300x149.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-767x381.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-1536x763.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-2048x1018.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-302x150.png 302w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-704x350.png 704w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515-788x391.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-515.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/solana-bullish-as-sol-reaches-60-first-time-since-may-but-an-initial-retracement-to-this-level-is-possible/" target="_blank" rel="noopener noreferrer nofollow">Solana Bullish as SOL Reaches $60 First Time Since May, But Initial Retracement to This Level Is Possible</a></li>
 <li><a href="https://captainaltcoin.com/this-btc-indicator-makes-it-incredibly-easy-to-know-if-bitcoin-is-in-a-bull-or-bear-market/" target="_blank" rel="noopener noreferrer nofollow">This BTC Indicator Makes It ‘Incredibly Easy’ to Know if Bitcoin Is in a Bull or Bear Market</a></li>
 <li><a href="https://captainaltcoin.com/analyzing-future-prospects-roe-xrp-and-sols-potential-for-market-growth/" target="_blank" rel="noopener noreferrer nofollow">Analyzing Future Prospects: $ROE, XRP, and SOL’s Potential for Market Growth</a></li>
</ul>
<p>However, it appears the selloff was overdone, as Fetch.AI and other AI-focused projects have started recovering lost ground this week. While macro conditions remain challenging, the long-term growth story for AI cryptos remains intact.</p>
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<p>The post <a href="https://captainaltcoin.com/fetch-ai-surges-17-amidst-openai-sam-altman-drama-fet-finds-new-support-at-this-level/" rel="noopener noreferrer nofollow">Fetch.ai Surges 17% Amidst OpenAI-Sam Altman Drama; FET Finds New Support at This Level</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Fetch.ai Surges 17% Amidst OpenAI-Sam Altman Drama; FET Finds New Support at This Level

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