In the volatile world of cryptocurrencies, the recent bullish trend sweeping through the market has not only propelled Bitcoin to new heights but has also catapulted altcoins like Fetch.ai (FET) to unprecedented levels. FET marked a significant milestone with a fresh all-time high today, following the lead set by the primary cryptocurrency. At the time of writing, FET is priced at $2.76, with a trading volume of $2.77 billion over the last 24 hours. Its market capitalization stands at nearly $2 billion. Notably, the coin has experienced a remarkable 110% increase in price within the past seven days, data from CoinMarketCap shows. Related Reading: Can DOGE Avoid A Dive? Sell Pressure Puts Memecoin To The Test Fetch AI (FET) In Full Steam The recent surge in FET’s price is attributed to the Fetch.AI Foundation’s announcement on March 5, 2024, introducing “Fetch Compute” as part of a substantial $100 million investment in advancing the AI economy. FET soaring in the 24-hour timeframe. Source: CoinMarketCap The initiative involves deploying top-of-the-line Nvidia GPUs, including models like H200, H100, and A100, to supercharge innovati ..
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