Fetch.ai Price Prediction: Is FET Coin a Good Investment?

June 21, 2024

Price Prediction

Sean Korbett

Fetch.ai is an open platform that offers tools to build innovative AI apps and services. It aims to provide a decentralized online environment where independent software agents can carry out beneficial economic tasks for people, companies, and organizations. In addition, it fosters intelligent blockchain solutions by applying Machine Learning (ML) and Artificial Intelligence (AI). Will the project grow in the future? How will the upcoming merger with two other crypto projects change the face of the AI landscape in crypto? Discover the long-term Fetch.ai price prediction in StealthEX’s latest article.

Fetch.ai (FET) Overview

Fetch.ai is an open platform with four core layers: AI Agents, Agentverse, AI Engine, and Fetch Network.

Each layer is important and they all work together to create a strong Fetch AI ecosystem. It’s an environment in which clever digital assistants and powerful, sophisticated AI systems can thrive. Whether it’s increasing logistical efficiency, innovating in the travel industry, or revolutionizing financial data management, Fetch.ai’s platform can handle it all.

Fetch.ai creates a decentralized digital environment in which AI agents represent people, corporations, and devices, allowing them to connect and transact without intermediaries. This innovative solution employs artificial intelligence to optimize resource allocation, increase data sharing, and boost the overall efficiency of decentralized applications.

Fetch AI was co-founded by Humayun Sheikh, Toby Simpson, and Thomas Hain. Before DeepMind was acquired by Google, Sheikh, the CEO, gave vital early-stage finance to the company as an innovation entrepreneur. The COO, Simpson, was once a key developer for the well-known video game ‘Creatures’ and has experience using Artificial Intelligence and Artificial Life (Alife) in technology and entertainment. The CSO, Hain, is an AI and machine learning expert who teaches at the University of Sheffield.

Fetch.ai Features

Fetch.ai offers several features within the crypto space:

1. Multi-Agent System (MAS). Fetch AI embraces multi-agent systems, a collection of software programs collaborating to achieve predefined goals. This approach creates a collaborative and adaptive environment, enabling autonomous agents to learn from and respond to dynamic conditions. The primary benefits of MAS are decentralization, scalability, and heterogeneity.
2. Open economic framework. Fetch.ai’s open economic framework supports the creation and operation of decentralized marketplaces. This framework enables agents to establish and participate in various economic models, making them useful for a wide range of applications. From data sharing and transportation networks to smart cities and healthcare systems, Fetch.ai’s framework fosters innovation and collaboration across industries.
3. Smart Ledger Technology. The Fetch.ai network employs a unique ledger technology that combines elements of distributed ledger technology (DLT) and directed acyclic graphs (DAGs). This hybrid approach, known as the ‘Smart Ledger,’ ensures high scalability and security for the network. It allows for efficient processing of high-frequency transactions, making it suitable for applications that require rapid data exchange and decision-making.
4. Interoperability. Fetch AI is designed to be interoperable with other blockchain networks and traditional systems. This interoperability ensures seamless integration with various platforms, fostering a broader and more interconnected ecosystem.
5. Decentralized Oracles. The blockchain project integrates decentralized oracles to securely link real-world data with smart contracts. This feature enhances the reliability of information utilized by AEAs, allowing them to make informed decisions based on accurate and up-to-date data.
6. Machine Learning Integration. The project incorporates machine learning techniques to augment the capabilities of autonomous economic agents. AEAs can learn from past interactions, adapt to user preferences, and continually enhance their decision-making processes.

Fetch.ai (FET) Price Chart    

CoinMarketCap, 21 June 2024

Fetch.ai Price History Highlights 

• 2019: In February 2019, the FET token was first launched into the market at $0.0867.
• 2020: In 2020, FET reached its all-time low of $0.00827. In June, the FET price broke out from a long-term descending resistance trend line after the weekly RSI generated bullish divergence.
• 2021: In 2021, Fetch AI made significant leaps in price. With the beginning of the 2021 bulls run the price inflated to reach $0.8 in first half and bottomed to $0.18. The all-time high price of Fetch.ai’s FET token before 2024 was $1.17 in September, 2021.
• 2022: The price further maintained a steep bearish trend  throughout the year 2022 and marked the bottoms at around $0.057 by the end of the year.
• 2023: Since the beginning of 2023, the price maintained a notable upswing to reclaim the lost positions at the earliest.
• 2024: The recent crypto market spike in March has seen FET reach its all-time high of $3.47. Since then its price has dropped and at the moment hovers between $1.5 and $1.7.

Fetch.ai Price Prediction 2024-2040

Fetch.ai  Price Prediction 2024

DigitalCoinPrice experts expect that in 2024 FET coin’s price will go as high as $3.49 (+118%), while at its lowest point its price can sink to $1.42 (-11%).

PricePrediction analysts think that in 2024, Fetch.ai coin’s minimum price can drop to $2.86 (+78%), while at its maximum FET will rise to $3.25 (+103%).

Experts at Telegaon believe that the minimum lowest price FET can go down to is $2.79 (+74%) vs its maximum price of $5.05 (+215%).

Fetch AI Price Prediction 2025

Based on the predictions of experts at DigitalCoinPrice, in 2025, FET might reach $4.02 (+151%) per coin at its highest point. Its lowest price might drop to $3.41 (+113%).

According to PricePrediction, in 2025 FET crypto can hit $4.98 (+211%) at its maximum while it can drop to $4.22 (+163%) at its lowest point.

Telegaon analysts believe that in 2025 FET coin is going to drop to its lowest point of $5.14 (+221%), while at its highest point it can rise to $8.63 (+439%).

Fetch.ai Price Prediction 2030

DigitalCoinPrice analysts think that by 2030, FET coin can hit its maximum price level with $11.9 (+643%), while at its low it can sink to a minimum of $10.71 (+569%).

According to PricePrediction, by 2030 FET coin can hit $29.4 (+1,737%) at its lowest point, while at its highest point it’s going to rise to $35.76 (+2,135%).

Telegaon experts are also bullish on Fetch.ai: according to them, in 2030 FET has the potential to reach a maximum price of $35.85 (+2,410%) per coin, while at its bottom it can hit $24.59 (+1,436%).

FET Price Prediction 2040

PricePrediction believes that by 2040, FET crypto is going to reach staggering price levels: $1,481 (+92,462%) at its low and a whopping $1,848 (+115,400%) per coin at its peak.

Telegaon crypto analysts think that in 2040 Fetch.ai will reach far less impressive price levels: according to them, it’s going to cost $104.23 (+6,414%) per coin at its peak. FET can also drop in price to a minimum of $82.41 (+5,050%).

Fetch AI Price Prediction: Experts’ Opinions

While many are thinking about investing in Fetch.ai, it’s possible that this token will very soon disappear: in March 2024, SingularityNET (SNET), the world’s first decentralized Artificial Intelligence (AI) network, Fetch.ai, and Ocean Protocol, a decentralized data exchange platform to protect data, announced the launch of the Artificial Superintelligence Alliance. As part of the formation of the Alliance, the $FET, $OCEAN and $AGIX tokens that fuel the three Alliance member networks will be merged into a single $ASI token that will function across the combined decentralized AI network. Investing in FET now could be a smart move as the new ASI token will probably cost more when it launches. The three companies announced that the new token merger would take place on July 15th. The alliance could provide unprecedented scale and power to the new platform.

On June 20, FET skyrocketed by 30.77% in the last 24 hours, spearheading the impressive gains seen in AI-related cryptocurrencies. Some experts believe that this excitement kicked off after Nvidia became the world’s most valuable company, with its stock hitting a record high of over $136. This success has sparked a big interest in AI-related tokens, driving their prices up.

Due to Fetch.ai’s amazing potential, many crypto analysts, such as CoinMarketCap, are of the opinion that by 2030 FET can reach a potential high of $109.64.

FET USDT Price Technical Analysis   

Tradingview, June 21, 2024

Now that we’ve seen possible price predictions for FET, let’s find out a bit more about the factors that can influence its price.

Factors Affecting Fetch.ai (FET) Price

During the bull run, a number of factors will affect the price increase of Fetch AI. Important factors include the narrative surrounding AI, technical developments, and general market sentiment. The project’s success will also be greatly influenced by its capacity to fulfill its objectives and by the uptake of its AI solutions.

Moreover, with the new $ASI token and the powers of the three major crypto AI projects combined, the new project can strengthen even further, reaching new price levels, especially during the bull market. It’s also crucial to consider the adoption of Fetch AI. Increased adoption and usage of Fetch.ai’s technology and token could drive up the price, while advancements in artificial intelligence and blockchain technology could impact the demand for FET.

When assessing Fetch.ai as an investment, keep the following considerations in mind:

• Supply and demand;
• Partnerships;
• Market sentiment;
• AI development;
• Adoption and use cases;
• Government regulation;
• Market speculation;
• Improvements to the protocol;
• Technological advancements.

Risks and Opportunities

Despite their promising potential, Fetch.ai and FET coin are confronted with a number of risks and problems, such as barriers to adoption, regulatory uncertainty, competition, and technological obstacles. This can greatly influence the price of this asset.

To add to this, the cryptocurrency industry is also notoriously volatile, and Fetch AI is no exception. Its price chart demonstrates significant speculation, with prices reaching nearly a dollar at one point. However, many cryptocurrencies have a half-life of about four years, during which time they lose roughly half of their value. This means that investing in Fetch AI could result in big losses.

Despite this, FET could be a great asset for investors with high risk tolerance and those interested in cryptocurrencies as with the new alliance the token’s price will most likely grow.

Is Fetch.ai a Good Investment?

Fetch.ai has previously demonstrated tremendous potential and continues to acquire commercial traction. It could be a potentially good investment, however, all risks should be considered.

How High Can Fetch.ai Go?

PricePrediction experts set a staggering maximum price of $1,848 for FET in 2040.

Can Fetch.ai Reach $10?

It is possible with the current bullish trend for this coin.

Will FET Reach $100?

It may be possible, however, in the long-term perspective.

Can Fetch.ai reach $1000?

It may be possible considering the latest partnership with Singularity and Ocean Protocol, however, it will most likely happen in the very distant future.

How Much Will Fetch.ai Be Worth in 2024?

PricePrediction sets the maximum price level for FET coins in 2040 to $8,089.

What Will FET Be Worth in 2025?

According to PricePrediction, in 2025 FET can reach $4.98 at its peak.

How Much Will Fetch.ai Be Worth in 2030?

Telegaon experts believe that in 2030, Fetch AI crypto is going to reach $35.85 at its maximum.

What Is the Price Prediction for FET Coin in 2040?

Telegaon experts think that in 2040 FET coin will climb to $104.23 at its peak.

Does FET Have a Future?

It looks like this project looks into the future. AI and ML are only at their early stages of development, and so is the crypto field. Many exciting things are sure to happen in the future.

Conclusion

Fetch.ai’s success depends on its ability to recruit developers and consumers to its platform. If it can create a thriving ecosystem, Fetch AI has the potential to play a significant role in determining the future of AI and its incorporation into numerous industries. With the new partnership with Singularity and Ocean Protocol, Fetch.ai might develop into an AI supergiant and this, in turn, will lead to a further increase in the token’s price and its further adoption.

Where to Buy Fetch.ai?

StealthEX is here to help you buy FET crypto if you’re looking for a way to invest in this cryptocurrency. You can buy FET privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy Fetch.ai Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to FET. 
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.