Shiba

Ocean Protocol

Token

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<p dir="ltr">With its impressive price surge, the Artificial SuperIntelligence Alliance (FET) token is making headway on today's market. Since the trio of Fetch.ai, Ocean Protocol and SingularityNET&nbsp;<a href="https://u.today/fetch-ai-fet-and-singularitynet-agix-merger-finally-coming-together" rel="noopener noreferrer nofollow">merged</a> their tokens, these past seven days have been among the most profitable for FET holders. The token has&nbsp;<a href="https://coinmarketcap.com/currencies/artificial-superintelligence-alliance/" rel="noopener noreferrer nofollow">jumped</a> by over 62% within this period, paring off its monthly losses.</p>
<h2 id="fet-and-whale-embrace">FET and whale embrace</h2>
<p dir="ltr">Market timing is a crucial resource for traders. Investors need to get in early enough to catch the best rallies. The crypto analytics platform Lookonchain&nbsp;<a href="https://x.com/lookonchain/status/1827880557042430457" rel="noopener noreferrer nofollow">shared insights</a> about a whale that missed the FET rally over the past week.&nbsp;</p>
<blockquote>
 <p lang="en" dir="ltr">The price of <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> has surged 70% in the past 7 days!A whale seemed to regret selling before and spent 2.385M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> to buy 1.79M <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> back from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> at a higher price of $1.33 6 hours agoThis whale sold 2.33M <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> for 2.385M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> at $1.02 from Aug 11 to Aug 23.… <a href="https://t.co/SNIbPrNp0z" rel="noopener noreferrer nofollow">pic.twitter.com/SNIbPrNp0z</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1827880557042430457?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 26, 2024</a>
</blockquote>
<p dir="ltr">This whale sold 2.33 million FET for 2.385 million USDT at $1.02 from Aug. 11 to Aug. 23. To compensate for this early sell-off move, this whale notably sold 2.385 million USDT to buy 1.79 million FET back from Binance at a higher price of $1.33 six hours ago.</p>
<p dir="ltr">This makeup purchase may eventually pay off, with the price of FET jumping 10.97% in 24 hours to $1.33. FET sentiment is growing very fast, and in the past hour before writing, we have seen a 3% surge.</p>
<p dir="ltr">The return of focus on AI tokens is understandable, considering the coming NVIDIA earnings report. As a buzzing technology, AI might redefine the pursuit of crypto, and the Artificial SuperIntelligence Alliance is positioning itself to take a huge market share.</p>
<h2 id="altcoin-season-might-come-soon">Altcoin season might come soon</h2>
<p dir="ltr">Beyond FET, many altcoins are advancing their ecosystem reach to double down on their growth overall. Shiba Inu, for instance, announced its plans to roll out a&nbsp;<a href="https://u.today/shiba-inu-shib-to-launch-dao-governance-as-next-step" rel="noopener noreferrer nofollow">DAO governance</a> innovation to advance its pursuit of decentralization.</p>
<p>The XRP community was also abuzz regarding a&nbsp;<a href="https://u.today/xrp-getting-its-own-documentary" rel="noopener noreferrer nofollow">forthcoming documentary</a> that might redefine the coin’s outlook. Overall, the altcoin market has different predictions of an impending rally. FET might be leading this trend with its current performance.</p>

FET Breaks Free With 62% Surge as AI Tokens Lead Market Rebound

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