NEAR Protocol

Fetch

Ribbon Finance

Spot

<p>The cryptocurrency market is witnessing a surge in interest and investment in the artificial intelligence (AI sector, and experts are cautioning against underestimating the potential of this emerging sector.</p> 
<p><a href="https://twitter.com/CryptoGodJohn/status/1765431671636029638?t=0Vr7ualVrR3wCG7y9IiCeg&amp;s=19" target="_blank" rel="nofollow">According to Johnny</a>, a prominent crypto analyst known as CryptoGodJohn, the total market capitalization of AI coins currently stands at $23 billion. However, he believes this figure is just the tip of the iceberg, as the influx of capital into AI crypto is poised to skyrocket.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="685" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-1024x685.png" alt="" class="wp-image-449355" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-1024x685.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-300x201.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-767x513.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-1536x1027.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-2048x1370.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-224x150.png 224w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-100x67.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-523x350.png 523w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263-788x527.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-263.png 459w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Johnny cites the example of Sam Altman, the CEO of OpenAI, who is reportedly raising $7 trillion for <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank">AI</a> chips. Given this massive investment, Johnny wouldn’t be surprised to see the AI crypto market cap exceed a whopping $500 billion by the end of the current cycle, as he believes “everything is going higher.”</p> 
<h2 class="wp-block-heading" id="strong-fetch-ai-fet-pumping-hard-strong"><strong>Fetch AI (FET) Pumping Hard</strong></h2> 
<p>One cryptocurrency that has been riding the wave of AI narratives and increased whale activity is Fetch AI (FET). According to <a href="https://twitter.com/spotonchain/status/1765573754141249713?t=eTAVetoeWpQz_reHxhkF2g&amp;s=19" target="_blank" rel="nofollow">Digital Franko</a>, a crypto influencer, FET is “pumping hard,” with the AI pump “melting faces.”</p> 
<h2 class="wp-block-heading" id="strong-whale-movements-and-exchange-activity-strong"><strong>Whale Movements and Exchange Activity</strong></h2> 
<p>The on-chain data analysis platform, <a href="https://twitter.com/spotonchain/status/1765573754141249713?t=eTAVetoeWpQz_reHxhkF2g&amp;s=19" target="_blank" rel="nofollow">Spot On Chain</a>, has shed light on some of the reasons behind FET’s impressive price surge. According to their report, a whale address (0xa7b) further withdrew 1.72 million FET tokens ($4.15 million) from a centralized exchange (CEX) in the past five hours (from when the post was made)</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>This withdrawal follows a significant move by the same whale, who had previously withdrawn 13.4 million FET tokens from CEX at around $1.86 (totaling $24.9 million) in the past five days. With the current price action, the whale has made a substantial profit of $12 million, representing a 49% gain.</p> 
<p>Additionally, a wallet address (0x488) linked to Fetch AI deposited 5 million FET tokens ($11.2 million) to Binance approximately 12 hours ago. Interestingly, this wallet had been inactive for six months and still holds a staggering 1.12 billion FET tokens, valued at $3 billion.</p> 
<p>The combination of whale movements, exchange activity, and the AI narrative surrounding FET has undoubtedly contributed to its impressive price rally, further fueling the excitement surrounding AI cryptocurrencies.</p> 
<p>As the AI revolution continues to gain momentum, experts like Johnny and platforms like Spot On Chain are urging investors to pay close attention to the potential of AI cryptos, as the market cap of this sector could potentially skyrocket in the current bull cycle.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/this-firm-offloads-rbn-as-ribbon-finance-surges-70-heres-the-profit/" target="_blank">This Firm Offloads RBN as Ribbon Finance Surges 70%: Here’s the Profit</a></li> 
 <li><a href="https://captainaltcoin.com/why-is-near-protocol-near-price-up-by-24/" target="_blank">Why is NEAR Protocol (NEAR) Price Up By 24?</a></li> 
 <li><a href="https://captainaltcoin.com/presale-powerplay-raffle-coin-raff-100x-surge-predictions-attract-attention-from-solana-sol-and-polkadot-dot-enthusiasts/" target="_blank">Presale Powerplay: Raffle Coin (RAFF) 100X Surge Predictions Attract Attention from Solana (SOL) and Polkadot (DOT) Enthusiasts</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/expert-warns-against-underestimating-ai-cryptos-says-everything-is-going-higher-why-is-fetch-ai-fet-pumping-hard/">Expert Warns Against Underestimating AI Cryptos, Says Everything Is ‘Going Higher’; Why Is Fetch AI (FET) Pumping Hard?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Expert Warns Against Underestimating AI Cryptos, Says Everything Is ‘Going Higher’; Why Is Fetch AI (FET) Pumping Hard?

Table of Contents

CaptainAltcoin

Other articles published on Mar 7, 2024

Shiba Inu, Dogecoin Caged As AI Coins Like Fetch.AI Excite Market: Here's Why

Tether signs MOU with Uzbekistan to develop blockchain-based p2p telecom infrastructure

Cardano’s Surging Trading Volumes Signal Potential Price Rally

ChatGPT Reveals 3 Coins Poised For Shiba Inu-Like Gains In 2024

Will TRUMP and BODEN Upticks Impact the US Presidential Election?

The rising stars of crypto today: Fet, Render, Akt, Rune and Flow

Join our free newsletter for daily crypto updates!