Top Whales Are Buying This Crypto Even After Massive 200% Rally

Retail investors have generally been the driving force behind the cryptocurrency market’s recent bounce, which has seen the total capitalization of the cryptocurrency industry climb back above $1 trillion dollars. Retail investors have generally been the driving force behind the recent rebound in the cryptocurrency market, which has seen the total capitalization of the cryptocurrency industry rise to more than $1 trillion.AI (FET)–which comes out as one of the most utilized smart contracts among the top 100 And, based on CoinMarketCap's crypto market tracking, That translates into a 6% increase in the last 24 hours, compared to a 21% increase in the previous seven days.

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FET is reportedly one of the top five altcoins that large wallet holders are more interested in purchasing and accumulating for the long term, as reported by WhaleStats, a leading whale activity tracker. In the past twenty-four hours, there has been a significant whale accumulation, which typically points to the possibility of an increase in price for the cryptocurrency as a result of a major event or the emergence of bullish technical indications.

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FET has reached new local and 2023 highs, with a rapid 20% intraday rise that brought the price to above $0.30. The price increase comes on the heels of "ai" currently trending in the cryptocurrency market, as a result of the rise of the ai tools such as chatgpt and others. Not only Fetch, but also a number of other AI-based cryptocurrencies, such as SingularityNET, Ocean Protocol, and Phala Network, have all seen tremendous growth in the previous week and over the past few months.

Fetch.Also a number of other AI-based cryptocurrencies, such as SingularityNET, Ocean Protocol, and Phala Network, have all grown tremendously over the past week and months.

The unquestionable potential of OpenAI’s ChatGPT has generated considerable interest in artificial intelligence, which is helping to drive values much higher for crypto tokens tied to AI. According to industry stalwarts, the technology has sparked an “arms race” in artificial intelligence, in which the entire world of technology is rushing to jump on the bandwagon and bank upon its success.

Launched back in the summer of 2018, Fetch.ai (FET) combines blockchainsmart contracts and AI technology to create a network of autonomous software agents for AI-powered peer-to-peer applications. Launched in summer 2018, fetch.ai (fet) combines blockchainsmart deals with ai technology to create a network of standalone software agents for peer-to-peer applications. It had an exceptional start to the year, as evidenced by an increase in prices of over 200% during the last thirty days. In the current state of affairs, the fetch.ai (fet) price increased to $0.33 at the time of composing.

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