Fetch.ai (FET) Price Rises Amid AI Token Boom

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Bittime - Artificial intelligence (AI)-based tokens are on the rise in the crypto market. One of them is Fetch.ai (FET), which recorded a price increase of more than 5% in the last 24 hours.

What is Fetch.ai (FET)?

Fetch.ai (FET) is a blockchain platform that uses AI to help users automate everyday tasks such as booking parking or flights. Launched in 2019, Fetch.ai aims to provide an open, permissionless network where anyone can connect and access secure data by using autonomous AI to perform tasks leveraging its global data network.

According to data from Bittime, the current FET price is around Rp18,022 per token, up 5.3% in the past day. In the past month, FET prices rose 17.6%, reflecting growing interest in the project.

FET is also one of the tokens included in CoinGecko's AI token list, which includes other tokens such as SingularityNET (AGIX), Worldcoin (WLD), Ocean Protocol (OCEAN), and Numeraire (NMR). The list recorded an increase of more than 8% in the last 24 hours, with the market capitalization of the AI sector reaching around $15 billion (Rp 234 trillion).

FET Price Movement Today

Based on today's Bittime market, FET prices were observed to have increased by 14.40 percent in the last 24 hours. Currently the FET to IDR price is IDR 18,022.

Source: Bittime

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Other AI Tokens Rise

Token AI lain yang mencuri perhatian adalah AGIX dan WLD, yang masing-masing naik 11,4% dan 28,4% dalam sehari terakhir. AGIX adalah token asli dari SingularityNET, sebuah pasar terdesentralisasi untuk layanan terkait AI. WLD adalah token asli dari Worldcoin, sebuah proyek yang didukung oleh Tools of Humanity, sebuah perusahaan yang dipimpin oleh Sam Altman, CEO dari OpenAI.

Peningkatan harga token AI ini terjadi di tengah euforia seputar peluncuran generator teks-video Sora dari OpenAI pada hari Jumat (16/2/2024). Sora adalah sebuah sistem AI yang dapat menghasilkan video realistis dari teks yang diberikan, menggunakan teknologi deep learning dan generative adversarial network (GAN).

Humayun Sheikh, CEO dan pendiri Fetch.ai, mengatakan kepada The Block bahwa ia melihat potensi besar AI untuk mengubah industri blockchain. Ia mengatakan bahwa arsitektur terdesentralisasi dari blockchain sangat cocok untuk aplikasi AI, yang dapat meningkatkan efisiensi, keamanan, dan transparansi dari berbagai proses bisnis.

Sheikh juga menekankan bahwa AI dapat membantu mengatasi tantangan antarmuka pengguna web3, yang seringkali sulit digunakan oleh pengguna awam. Dengan menggunakan AI, pengguna dapat mengakses berbagai aplikasi blockchain dengan lebih mudah dan cepat, tanpa harus mengerti teknisnya.

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How to Buy Fetch.ai (FET) on Bittime

You can buy and sell Fetch.ai (FET) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Fetch.ai (FET) is available on Bittime with the market pair FET/IDR. To be able to buy FET IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy Fetch.ai (FET) on Bittime.

Monitor the price chart movements of Fetch.ai (FET), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

AI Coin: What It Is and Its Advantages

What is SingularityNET (AGIX)? Blockchain-Based AI Platform

ChatGPT vs Grok AI: The Battle of Two AI Giants in a World of Conversation

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. The price of crypto assets is volatile, where prices can change significantly from time to time and Bittime is not responsible for fluctuations in the exchange rate of crypto assets.