According to Glassnode, Fetch.ai (FET) has become a backup asset for several exchanges, including Binance, Huobi, and Bitfinex. according to CryptoSlate, the popularity of artificial intelligence (AI) tokens has surged in the past three months, with AI token and active addresses have seen a significant increase in value.
FET is a decentralized digital representation of the world in which autonomous software agents perform useful economic tasks. This includes the provision of data or services, and they are rewarded by FET for their efforts.
The price of FET has risen 1.24% in the past 24 hours, but the real growth can be seen over the past 7 days when FET’s price has risen 80.89%. Among other AI coins, FET’s popularity has led to a surge in FET’s transfer volume (in USD), approaching $20 million.
Image: Binance Research