Fetch.ai Price Prediction: Will AI Tokens Surpass Bitcoin’s Rise In 2024?

Fetch.ai, a cryptocurrency-based AI project on the Cosmos network, achieved a record high following its announcement of a $100 million investment in its Fetch Compute initiative. This program is designed to boost the tools, computing power, and training opportunities available to developers, and offers GPU credits. Fetch Compute utilizes Nvidia’s H200, H100, and A100 GPUs to provide a platform that allows developers and users to tap into significant computing resources, supported by the Fetch.AI ecosystem fund. The project stated, “This initiative is anticipated to quicken the pace of innovation within the Fetch.ai ecosystem by enabling the exploration of more sophisticated models and solutions.” Furthermore, starting March 7, users who stake Fetch.ai’s native token, $FET, will receive Fetch Compute Credits as rewards. These credits can be used to cover GPU usage costs on the Fetch Compute network. Despite the initial surge due to the AI boom, the value of the coin saw a decline in the latter part of March. This raises questions about whether the AI-driven enthusiasm is declining. However, with several crypto firms now switching their focus to the AI sector, it is anticipated that AI tokens like Fetch.ai will gain momentum and aim for a robust high in the coming months. Our Fetch.ai price prediction aims to explore the future market potential of AI tokens with in-depth technical analysis of the Fetch.ai token.

Fetch.ai (FET): Explained

The Fetch.ai platform provides open-source tools that let users build a variety of ecosystem infrastructures and introduce new business models. Fetch.ai is supported by a global team of engineers who integrate blockchain, artificial intelligence (AI), and multi-agent systems.

The platform operates on advanced, scalable distributed ledger technology and incorporates machine learning. Its ecosystem offers open and tokenized decentralized networks that combine multi-agent systems, machine learning, and cryptography, supporting a decentralized digital economy.

Founded in 2017 by Humayun Sheik, the CEO and co-founder, along with Toby Simpson, Thomas Hain, and Jonathan Ward, Fetch.ai partners with major companies like BOSCH, a German manufacturing and technology company, to develop and launch a functional blockchain network known as V2.0 Mainnet. Additionally, the Festo team collaborated with Fetch.ai to create a decentralized manufacturing marketplace. Other key partners include Catena-X, innovative telecom labs, Fireblocks, YOTI, and others. Fetch.ai is also part of OpenDAO and OCP. Users holding FET on the Binance Smart Chain can stake them or trade them for OMNIC tokens and mint USDO stablecoins.

FET is the main digital currency used on the Fetch.ai platform, fueling its internal economic activities. Users of Fetch.ai use FET to pay for services available on the platform.

Additionally, users can lock up their FET in the platform to participate in its governance and influence its future direction. By staking their FET, users can earn an annual interest of 10%.

Requiring users to commit FET to set up a digital twin serves as a safeguard. This requirement helps prevent the overload of the platform with spam or harmful digital entities, officially known as Autonomous Economic Agents (AEAs).

Fetch.ai: In Depth

According to its whitepaper, the platform aims to create the necessary infrastructure for developing modern, decentralized, and peer-to-peer (P2P) applications.

The platform’s website describes its ecosystem as comprising applications known as autonomous economic agents (AEAs). These agents operate independently and can interact with each other. They automatically find, negotiate, and interact with each other without needing user input, eliminating the need for intermediaries and thus reducing costs.

Fetch.ai supports various programs, including:

• Co-Learn: A system that allows stakeholders to collaboratively develop a shared machine-learning model.
• Axim: An AI tool that analyzes isolated data and enhances data security.
• Atomix: A protocol that generates yield from stablecoins.
• MOBIX: Tokens that incentivize the use of MOBIX’s electric mobility solutions.
• Catena-X Automotive Network: A cloud-based network for the global automotive industry.
• Resonate: A decentralized social network.
• Starfleet: A decentralized exchange (DEX).
• Mettalex: A decentralized exchange for both traditional and crypto commodity derivatives.

Every blockchain requires its own cryptocurrency, and Fetch.ai uses the fetch.ai coin, also referred to by its ticker, FET. This cryptocurrency is used for payments and transactions on the platform. It can also be staked to support the blockchain’s operations, earn rewards, and help add blocks. Originally launched in 2019 as a token on the Ethereum blockchain, FET became Fetch.ai’s native coin by early 2021.

Fetch.ai Price Prediction: Price History

Let’s review the historical price trends of the FET cryptocurrency. Understanding its price fluctuations since its debut can provide useful background for making or interpreting predictions about its future value.

FET was first made available through an initial coin offering (ICO) in February 2019 and hit the market later that same month priced at around $0.33. At that time, the cryptocurrency market was experiencing a downturn, often referred to as a crypto winter, marked by sluggish price changes. Then, in March 2020, the onset of the COVID-19 pandemic impacted markets globally, driving FET’s price down to a record low of $0.00827 on March 13, 2020. It gradually recovered, ending the year at $0.515.

In early 2021, the overall crypto market surged, and FET’s price rose above $0.80 in March, following the launch of its dedicated Fetch.ai blockchain. However, the market took a downturn on May 19, and FET prices lingered below $0.20 for much of the summer. A later rebound, spurred by a recovering market and the addition of FET staking on Binance, propelled the price to a peak of $1.19 on September 8. Despite this, the year concluded with the price cooling to $0.5069.

2022 saw a challenging year following a previous boom, with FET prices remaining low and experiencing several market downturns, ultimately closing the year at $0.09167—a decline of over 80%.

So far in 2023, the coin has shown some recovery. Growing interest in AI-related cryptocurrencies has placed FET in a prominent position. It reached $0.6004 on February 8, its highest price since December 2021. A subsequent drop followed the collapse of Silvergate bank, bringing it down to $0.2979 on March 10, but it recovered to $0.4814 by March 13.

Over the next few months, FET price continued to hover around the $0.25 mark; however, it experienced a surge in the following months and ended 2023 on a positive note at $0.7. 2024 saw FET price skyrocketing above several resistance channels, sending it toward its new ATH of $3.5 in March following Bitcoin’s surge above $70K.

FET Price Forecast: Technical Analysis

FET recently fell sharply from the critical resistance level of $2.2 and is now in a pronounced downward trend, indicating strong bearish control. However, bulls are trying to counter this by pushing the price above the descending resistance line. Currently, the FET price is at $1.65, having increased by over 5.1% in the past 24 hours.  

Bulls are strongly defending the price from dropping below immediate support lines as they have defended the $1.5 level strongly. A recovery from the moving averages might provide them another chance to target the resistance at $2.2. Breaking this barrier could trigger a push towards the next major resistance at $2.8. 

Conversely, a decline below the moving averages could suggest that the price may continue to fluctuate between $2 and $1.5. Should the price fall beneath $1.5, it would likely tilt the balance in favor of the bears. 

Fetch.ai Price Prediction By Blockchain Reporter

Year	Minimum ($)	Average ($)	Maximum ($)
2024	2.86	2.95	3.25
2025	4.22	4.37	4.98
2026	6.3	6.47	7.46
2027	9.61	9.87	11.08
2028	14.37	14.76	16.6
2029	20.92	21.66	25.23
2030	29.4	30.27	35.76
2031	42.46	43.97	50.93
2032	61.06	63.26	73.16
2033	90.28	92.81	104.71

Fetch.ai Price Prediction 2024

As we approach 2024, Fetch.ai, labeled as an “AI coin,” is poised to capture significant attention during the anticipated crypto bull run. Its market cap, which remains under $200 million, and its status as one of the top AI-oriented cryptocurrencies, suggest substantial growth potential. 

The availability of Fetch.ai on leading exchanges such as Binance and Coinbase enhances its accessibility to a broad investor base, boosting its chances in a bull market.

Moreover, Fetch.ai is actively expanding its ecosystem. For instance, it recently collaborated with DeCodeCafe on a hackathon, which is an excellent strategy to cultivate a developer community and strengthen the project’s infrastructure.

Hackathons serve as an effective platform for community engagement and innovation within the project.

Fetch.ai also facilitates the creation of “AI agents” — AI-driven programs that can be developed from existing applications in minutes through its no-code platform.

This capability greatly enhances the utility of the Fetch.ai ecosystem, positioning it as a potentially leading trendsetter in the crypto market.

Based on extensive technical analysis of past Fetch.ai (FET) price data, the predicted price for 2024 is expected to fall around a minimum of $2.86. The maximum price projection is $3.25, with an average trading price around $2.95.

Months	Minimum ($)	Average ($)	Maximum ($)
January	2.1	2.2	2.3
February	2.15	2.25	2.35
March	2.2	2.3	2.4
April	2.25	2.35	2.45
May	2.3	2.4	2.5
June	2.35	2.45	2.55
July	2.4	2.5	2.6
August	2.45	2.55	2.65
September	2.5	2.6	2.7
October	2.55	2.65	2.8
November	2.6	2.7	3
December	2.86	2.95	3.25

Fetch.ai Price Prediction 2025

Looking toward 2025, the cryptocurrency market is expected to be thriving, attracting numerous new investors searching for the next big opportunity. As artificial intelligence gains traction, Fetch.ai (FET) could be recognized as a prime investment.

Beyond optimistic market forecasts, Fetch.ai is supported by solid products and a dynamic developer community. The ecosystem is continuously evolving, with recent enhancements such as Agentverse v0.11. This update to the Agentverse portal allows for the development and deployment of AI agents, enhancing user experience with a more sophisticated interface, support for multi-file projects, and additional features. These ongoing innovations are likely to sustain Fetch.ai’s growth and impact its price positively over time.

Fetch.ai simplifies daily tasks, enabling users to automate almost any repetitive activity, from securing the lowest-cost airline tickets to conducting DeFi arbitrage trading.

The platform offers a broad spectrum of potential applications, with access requiring payment in FET. This ensures robust demand-side tokenomics for Fetch.ai. Furthermore, the supply dynamics are favorable; only about 120 million additional FET will be released by 2026, a modest amount compared to the over 800 million FET currently in circulation. This controlled supply could further enhance Fetch.ai’s appeal in the market.

Projected analysis suggests that by 2025, Fetch.ai could see a minimum price of $4.22. The maximum price might reach $4.98, with the average trading price anticipated to be $4.37. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	3.5	3.6	3.7
February	3.6	3.7	3.8
March	3.7	3.8	3.9
April	3.8	3.9	4
May	3.9	4	4.1
June	4	4.1	4.2
July	4.1	4.2	4.3
August	4.15	4.25	4.35
September	4.2	4.3	4.4
October	4.22	4.32	4.5
November	4.3	4.35	4.6
December	4.35	4.37	4.98

FET Price Forecast for 2026

The price of Fetch.ai is anticipated to reach a minimum of $6.30 in 2026. The maximum price is expected to be $7.46, with an average price of $6.47 throughout the year. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	5.5	5.6	5.7
February	5.6	5.7	5.8
March	5.7	5.8	5.9
April	5.8	5.9	6
May	5.9	6	6.1
June	6	6.1	6.2
July	6.1	6.2	6.3
August	6.2	6.3	6.4
September	6.3	6.4	6.5
October	6.35	6.45	6.6
November	6.4	6.47	6.8
December	6.47	6.5	7.46

Fetch.ai (FET) Price Prediction 2027

The forecast for 2027 shows that Fetch.ai might reach a minimum price of $9.61. The price could potentially climb to a maximum of $11.08, with the average price settling around $9.87. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	8	8.2	8.4
February	8.2	8.4	8.6
March	8.4	8.6	8.8
April	8.6	8.8	9
May	8.8	9	9.2
June	9	9.2	9.4
July	9.2	9.4	9.6
August	9.4	9.6	9.7
September	9.5	9.7	9.8
October	9.55	9.75	10
November	9.61	9.8	10.5
December	9.87	10	11.08

Fetch.ai Price Prediction 2028

Our detailed analysis predicts that the minimum price for Fetch.ai in 2028 could be around $14.37. The maximum price is projected to be $16.60, with an average price of $14.76. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	12	12.2	12.4
February	12.2	12.4	12.6
March	12.4	12.6	12.8
April	12.6	12.8	13
May	12.8	13	13.2
June	13	13.2	13.4
July	13.2	13.4	13.6
August	13.4	13.6	13.8
September	13.6	13.8	14
October	13.8	14	14.2
November	14	14.2	14.4
December	14.37	14.76	16.6

Fetch.ai Price Prediction 2029

In 2029, the price of Fetch.ai is expected to be at least $20.92. It could reach a maximum of $25.23, with an average annual price of $21.66. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	18	18.5	19
February	18.5	19	19.5
March	19	19.5	20
April	19.5	20	20.5
May	20	20.5	21
June	20.5	21	21.5
July	20.92	21.2	22
August	21	21.3	22.5
September	21.1	21.4	23
October	21.2	21.5	23.5
November	21.3	21.6	24
December	21.66	22	25.23

Fetch.ai (FET) Price Prediction 2030

By 2030, Fetch.ai is expected to have a minimum price of $29.40. The maximum price forecast is $35.76, with the year’s average price likely around $30.27. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	25	25.5	26
February	25.5	26	26.5
March	26	26.5	27
April	26.5	27	27.5
May	27	27.5	28
June	27.5	28	28.5
July	28	28.5	29
August	28.5	29	29.5
September	29	29.5	30
October	29.2	29.7	31
November	29.4	30	33
December	30.27	31	35.76

Fetch.ai Price Forecast 2031

For 2031, Fetch.ai is expected to reach a minimum trading price of $42.46. The maximum price could soar to $50.93, with an average across the year predicted at $43.97. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	35	35.5	36
February	35.5	36	36.5
March	36	36.5	37
April	36.5	37	37.5
May	37	37.5	38
June	37.5	38	38.5
July	38	38.5	39
August	38.5	39	40
September	39	40	41
October	40	41	42
November	41	42	43
December	42.46	43.97	50.93

Fetch.ai (FET) Price Prediction 2032

By 2032, the minimum price of Fetch.ai is forecasted to be $61.06. The maximum price might hit $73.16, with an average trading price of $63.26 throughout the year. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	52	53	54
February	53	54	55
March	54	55	56
April	55	56	57
May	56	57	58
June	57	58	59
July	58	59	60
August	59	60	61
September	60	61	62
October	61.06	62	64
November	62	63	66
December	63.26	64	73.16

Fetch.ai Price Prediction 2033

Technical analysis for 2033 indicates that Fetch.ai could reach a minimum price of $90.28. The potential maximum price is expected to be $104.71, with an average of $92.81 throughout the year. 

Months	Minimum ($)	Average ($)	Maximum ($)
January	80	82	84
February	82	84	86
March	84	86	88
April	86	88	90
May	88	90	92
June	90	92	94
July	90.28	92.2	96
August	91	92.4	98
September	91.5	92.6	100
October	92	92.8	102
November	92.5	93	104
December	92.81	94	104.71

Fetch.ai Price Target: By Experts

According to the latest Fetch.ai price prediction from Coincodex, the price of Fetch.ai is expected to increase by 14.57%, reaching $1.901898 by July 13, 2024. Technical indicators from Coincodex suggest that the current market sentiment is bearish, while the Fear & Greed Index indicates a score of 70, showing a state of Greed.

Over the past 30 days, Fetch.ai has experienced 30% green days with a price volatility of 10.71%. The forecast advises that it is currently not a good time to buy Fetch.ai. Based on historical price data and BTC halving cycles, the annual low for Fetch.ai in 2025 is projected to be $1.569282, with the potential to climb as high as $1.986459 next year.  

According to market analysis from Digital Coin Price, by 2026, Fetch.ai (FET) is anticipated to open the year at $4.89 and is expected to trade around $6.03, marking a significant increase from the previous year. This represents a notable rise in Fetch.ai’s valuation. By the start of 2030, technical analysis and price predictions suggest that Fetch.ai’s cost will reach $12.15, maintaining this level through the end of the year. Additionally, the price of FET could peak at $11.18. The period from 2024 to 2030 is projected to be a crucial phase for the growth of Fetch.ai.

Is Fetch.ai A Good Investment? When To Buy?

Our price forecast for Fetch.ai suggests that despite some risks, the project is well-placed for growth in both the short and long term. Positioned at the nexus of cryptocurrency and artificial intelligence, Fetch.ai is uniquely situated to benefit from excitement in both sectors.

Moreover, by implementing AI on the blockchain, Fetch.ai addresses the centralization problem often associated with AI. Should this approach become more widely recognized and adopted, Fetch.ai (FET) could see significant gains.

Factors Influencing FET Price

Fetch.ai is positioned at the intersection of cryptocurrency and AI innovation, which makes it an exciting but potentially unstable investment for its community. The value of Fetch.ai often fluctuates due to market speculation. As interest in AI grows, Fetch.ai becomes more reactive to developments in the AI field. However, potential regulatory changes targeting AI technologies could hurt its value.

Tokenomics also play a significant role. Fetch.ai has good token utility and a reasonable schedule for releasing new tokens. Any new market interest driven by speculation or the actual use of the tokens could greatly influence its price.

Finally, the overall trends in the cryptocurrency market also affect the price of Fetch.ai. Typically, most smaller cryptocurrencies tend to follow Bitcoin’s lead, often with sharper fluctuations. Following Bitcoin’s halving event in 2024, Fetch.ai’s price might rise along with Bitcoin’s.

Conclusion

Fetch.ai presents a promising opportunity but, like all cryptocurrencies, it comes with inherent risks. Its innovative application of blockchain technology combined with artificial intelligence offers significant potential for utility and price growth. Additionally, its availability on major tier-one exchanges such as Binance and Coinbase enhances its accessibility for investors, potentially boosting its performance in a bullish market.

The project is actively expanding its ecosystem, including the launch of new tools. Notably, Fetch.ai recently collaborated with DeCodeCafe on a hackathon, an effective strategy for nurturing a developer community and strengthening the project’s ecosystem.

Fetch.ai facilitates the rapid creation of “AI agents” (AI-powered programs) from existing applications using its no-code platform, significantly enhancing the utility of the Fetch.ai ecosystem. This capability positions Fetch.ai as a potentially leading cryptocurrency in trending markets. However, it is advised to do your own research before investing in the volatile market. 

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