This week saw a rise in the crypto market, especially for AI cryptocurrencies. FET, AGIX, and ORAI showed significant increases in value.
FET Reaches New Heights: What's New?
Fetch.ai (FET) cryptocurrency showed a significant rise this week. According to Coinmarketcap, Fetch.ai was rebranded as Artificial Superintelligence Alliance with the ticker FET. The data shows that FET's price rose by 9% to $1.32 intraday, with a market cap of $3.327 billion. Trading volume increased by 32% to $278.53 million. The 62% surge for the week marked a breakout from a falling wedge, passing the 20-day and 50-day moving averages.
AGIX: Reflecting FET's Success
AGIX and FET tokens are closely linked after their merger. The AGIX token was delisted from major exchanges, but the AGIX/WETH pair remains available on Uniswap. AGIX's price also rose by 62.9% this week. The influence of the merger continues to be felt, as seen in the conversion process from AGIX to FET.
ORAI: Is $10 Next?
Oraichain (ORAI), ranked 412th on Coingecko, saw an 18.5% increase this week. The price broke out of a wedge in the demand zone and is now on its way to the 50-day and 200-day moving averages. Increased trading volume and current momentum suggest that the upward trend may continue.
This week, AI cryptocurrencies FET, AGIX, and ORAI showed significant growth, which may continue amid current positive market trends.
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