Fetch.ai Price Prediction, will FET’s price hit $0.42?
Fetch.ai’s price at the same time last week was $0.23. It has moved by -6.56% in the past week and is currently at $0.21. Infact, in the past 24 hours, FET has pumped by 0.64%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and FET could hit $0.2 in 2024.
The total circulating supply of Fetch.ai as of writing this article was $1,043,462,805 and the marketcap of FET remains at $222,212,258.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About Fetch.ai
Fetch.ai (FET): An overview
Source: Fetch.ai
Fetch.ai is a blockchain project developed using principles from a branch of Artificial Intelligence (AI) known as Multi-Agent Systems (MAS). Instead of the standard crypto smart contracts, Fetch.ai makes use of AI agents to help create and power decentralized applications (dApps). It uses a combination of proof of stake with proof of work to deliver consensus.
Fetch.ai’s ecosystem consists of applications called autonomous economic agents (AEA), which run autonomously and can also interact with one another. The autonomous solutions available on Fetch.ai’s ecosystem are as follows:
- Co-Learn: A blockchain-mediated collective learning system that allows stakeholders to build a shared machine-learning model
- Axim: An AI tool enabling businesses to connect data silos by analyzing them and providing data security
- Atomix: Stablecoin yield-generating protocol
- MOBIX: Usage of incentive tokens for MOBIX’s electric mobility solutions
- Catena-X Automotive Network: Cloud-based network for all companies in the European automotive industry, including their global partners, users, and equipment suppliers
- Resonate: Decentralized social network
- Starfleit: Decentralized exchange (DEX)
- Mettalex: DEX for traditional and crypto commodity derivatives
FET is the native utility token powering the Fetch.ai ecosystem. It was originally created as an ERC-20 token on Ethereum. However, the Fetch.ai mainnet’s launch finally gave rise to the native version of FET.
FET’s major use cases include paying for services within the Fetch.ai ecosystem and for network transaction fees or gas fees, staking, and block rewards. It has a maximum supply of 1.15 billion tokens.
Fetch.ai’s journey
Source: Fetch.ai
In 2017, the Fetch.ai network was founded by Humayun Sheikh, Toby Simpson, and Thomas Hain. Sheikh is an entrepreneur, an investor in DeepMind, and Co-Founder & CEO of Fetch.ai. Simpson is a producer of the booming a-life Creatures game series, a prior developer at DeepMind, and Co-Founder & COO of Fetch.ai. Hain is a professor, a renowned scientist in advanced machine learning AI, and Chief Science Officer & Co-Founder of Fetch.ai.
Publishing its ledger code in 2018, Fetch.ai deployed a private test network with a number of hundred nodes in Q4 of that year. In March 2021, Fetch.ai’s v2 mainnet finally went live.
The token was launched through an initial exchange offering (IEO) in February 2019, with the company raising more than $69 million on the Binance Launchpad by selling around 6.4% of the total FET supply in a private sale.
Fetch.ai’s 2022 roadmap
Source: Fetch.ai
Despite only being launched in 2021, Fetch.ai has achieved a lot within a short period. Here’s what Fetch.ai achieved via its roadmap in 2022 :
- New applications (Resonate, TRIP, and Decentralized Delivery Network)
- Ecosystem (IBC governance proposal, new DeFi/NFT/Social media apps, etc.)
- Collective learning (CoLearn v1 marketplace, DabbaFlow, etc.)
- Developer ecosystem (Cosmpy launch, FIP process launch, etc.)
- Ecosystem Development Initiatives (Fetch.ai fund for developers, hackathons, etc.)
- Ledger/Mainnet (Dorado upgrade, v1 Cosmwasm, Eridanus release, etc.)
- BotSwap (UX improvement, wallet analytics improvement, support for autocompounding rewards, etc.)
FET Price Analysis
After its downfall in April 2022, FET exhibited a downtrend for most of that year on its weekly chart. However, that wasn’t the case for Q1 2023. The major resistance and support levels have been at $0.47 and $0.30.
FET Weekly Chart
In April 2022, FET fell from $0.47 to $0.09 on the weekly price chart, with strong bearish momentum taking over. Notwithstanding, the coin witnessed a surge in January 2023, with the price going up to $0.47.
Since the current price momentum is up, the Moving Average Convergence Divergence (MACD) saw a centerline crossover, with the MACD line above the signal line. In addition, the Chaikin Money Flow (CMF) has climbed over the zero line.
The aforementioned indicators showed a bullish trend on the lower time frame (daily) chart. Moreover, $0.56 and $0.51 resistance levels were found above the $0.47 price level in January 2022.
According to CoinMarketCap, FET is currently ranked at #107, with a live market cap of $381,486,947.
Should you consider buying FET?
At the time of writing, FET has been placed in the second spot, which is one of the top three trending cryptocurrencies, as reported by CoinMarketCap. Traders can look to buy FET at $0.09.
TradingView’s long-term price forecast, updated in real-time based on various indicators, summarizes the result as ‘Buy,’ meaning FET is likely to rise in the future.
Fetch.ai Price Prediction
Fetch.ai has had an eventful 2021. To simplify the latest FET price prediction, we have divided up the prediction by short term Fetch.ai price prediction and long term Fetch.ai price prediction. As of writing this article, FET had a trading volume of $16,041,358. Fetch.ai has gone up by 4.04% in the past 30 days.
According to our analysis in the short term, Fetch.ai price prediction for November 2023 shows the average price of FET at $0.34 and the highest possible price for November 2023 would be $0.37.
Further, according to our analysis in the long term, Fetch.ai price prediction for March 2024 shows the average price of FET at $0.18 and the highest possible price for March 2024 would be $0.19.
Fetch.ai's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 28 Sep 2023 | $0.23 | $0.22 | $0.25 |
| 29 Sep 2023 | $0.23 | $0.22 | $0.25 |
| 30 Sep 2023 | $0.23 | $0.22 | $0.25 |
| 1 Oct 2023 | $0.24 | $0.22 | $0.25 |
| 6 Oct 2023 | $0.26 | $0.24 | $0.28 |
| 11 Oct 2023 | $0.28 | $0.26 | $0.31 |
| 21 Oct 2023 | $0.32 | $0.3 | $0.34 |
| November 2023 | $0.34 | $0.32 | $0.37 |
| December 2023 | $0.35 | $0.32 | $0.37 |
Fetch.ai price prediction 28 Sep 2023: Fetch.ai’s price for 28 Sep 2023 according to our analysis should range between $0.22 to $0.25 and the average price of FET should be around $0.23.
Fetch.ai price prediction 29 Sep 2023: Fetch.ai’s price for 29 Sep 2023 according to our analysis should range between $0.22 to $0.25 and the average price of FET should be around $0.23.
Fetch.ai price prediction 30 Sep 2023: Fetch.ai’s price for 30 Sep 2023 according to our analysis should range between $0.22 to $0.25 and the average price of FET should be around $0.23.
Fetch.ai price prediction 1 Oct 2023: Fetch.ai’s price for 1 Oct 2023 according to our analysis should range between $0.22 to $0.25 and the average price of FET should be around $0.24.
Fetch.ai price prediction 6 Oct 2023: Fetch.ai’s price for 6 Oct 2023 according to our analysis should range between $0.24 to $0.28 and the average price of FET should be around $0.26.
Fetch.ai price prediction 11 Oct 2023: Fetch.ai’s price for 11 Oct 2023 according to our analysis should range between $0.26 to $0.31 and the average price of FET should be around $0.28.
Fetch.ai price prediction 21 Oct 2023: Fetch.ai’s price for 21 Oct 2023 according to our analysis should range between $0.3 to $0.34 and the average price of FET should be around $0.32.
Fetch.ai price prediction November 2023: Fetch.ai’s price for November 2023 according to our analysis should range between $0.32 to $0.37 and the average price of FET should be around $0.34.
Fetch.ai price prediction December 2023: Fetch.ai’s price for December 2023 according to our analysis should range between $0.32 to $0.37 and the average price of FET should be around $0.35.
Fetch.ai's Long Term Price Prediction
Fetch.ai’s long term Price Prediction below is a look at FET’s future prospect with regards to price. Fetch.ai was last seen at $0.21, with a market cap of $222,212,258 and trading volumes of $16,041,358. FET’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2023 | $0.35 | $0.28 | $0.42 |
| 2024 | $0.17 | $0.13 | $0.2 |
| 2025 | $0.23 | $0.18 | $0.28 |
| 2026 | $0.32 | $0.25 | $0.38 |
| 2027 | $0.43 | $0.35 | $0.52 |
| 2028 | $0.59 | $0.47 | $0.71 |
| 2029 | $0.81 | $0.64 | $0.97 |
| 2030 | $1.11 | $0.88 | $1.33 |
| 2031 | $1.50 | $1.20 | $1.80 |
| 2032 | $2.05 | $1.64 | $2.46 |
| 2033 | $2.78 | $2.23 | $3.34 |
| 2034 | $3.79 | $3.03 | $4.55 |
Fetch.ai price prediction 2023: Fetch.ai’s price for 2023 according to our analysis should range between $0.28 to $0.42 and the average price of FET should be around $0.35.
Fetch.ai price prediction 2024: Fetch.ai’s price for 2024 according to our analysis should range between $0.13 to $0.2 and the average price of FET should be around $0.17.
Fetch.ai price prediction 2025: Fetch.ai’s price for 2025 according to our analysis should range between $0.18 to $0.28 and the average price of FET should be around $0.23.
Fetch.ai price prediction 2026: Fetch.ai’s price for 2026 according to our analysis should range between $0.25 to $0.38 and the average price of FET should be around $0.32.
Fetch.ai price prediction 2027: Fetch.ai’s price for 2027 according to our analysis should range between $0.35 to $0.52 and the average price of FET should be around $0.43.
Fetch.ai price prediction 2028: Fetch.ai’s price for 2028 according to our analysis should range between $0.47 to $0.71 and the average price of FET should be around $0.59.
Fetch.ai price prediction 2029: Fetch.ai’s price for 2029 according to our analysis should range between $0.64 to $0.97 and the average price of FET should be around $0.81.
Fetch.ai price prediction 2030: Fetch.ai’s price for 2030 according to our analysis should range between $0.88 to $1.33 and the average price of FET should be around $1.11.
Fetch.ai price prediction 2031: Fetch.ai’s price for 2031 according to our analysis should range between $1.20 to $1.80 and the average price of FET should be around $1.50.
Fetch.ai price prediction 2032: Fetch.ai’s price for 2032 according to our analysis should range between $1.64 to $2.46 and the average price of FET should be around $2.05.
Fetch.ai price prediction 2033: Fetch.ai’s price for 2033 according to our analysis should range between $2.23 to $3.34 and the average price of FET should be around $2.78.
Fetch.ai price prediction 2034: Fetch.ai’s price for 2034 according to our analysis should range between $3.03 to $4.55 and the average price of FET should be around $3.79.
A Historical look at Fetch.ai, FET’s price:
FET/USD Pair
FET/EUR Pair
FAQs about Fetch.ai
Fetch.ai’s current price is $0.21 and witnessed a 0.64% increase in the past 24 hours. FET/BTC pair saw a -0.14% decrease in the past 24 hours.
Investing in Fetch.ai, FET will purely depend on your personal risk appetite. As you can see over the past 24 hours Fetch.ai’s price has witnessed a 0.64% increase and over the past 30 days Fetch.ai has increased by 4.04%. So it all depends on if this investment will hit your trading goals.
According to our latest Fetch.ai Price prediction for 2023, FET should vary between $0.42 and $0.28 Please keep in mind that the crypto market is very volatile and this Fetch.ai price prediction does not account for extreme wild swings in price.
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According to the Fetch.ai Price Prediction model above, FET’s price in 2024 would be $0.17. This price would however would range from $0.2 and $0.13.
According to the Fetch.ai Price Prediction model above, FET’s price in 2025 would be $0.23. This price would however would range from $0.28 and $0.18.
According to the Fetch.ai Price Prediction model above, FET’s price in 2026 would be $0.32. This price would however would range from $0.38 and $0.25.
According to the Fetch.ai Price Prediction model above, FET’s price in 2027 would be $0.43. This price would however would range from $0.52 and $0.35.
According to the Fetch.ai Price Prediction model above, FET’s price in 2028 would be $0.59. This price would however would range from $0.71 and $0.47.
According to the Fetch.ai Price Prediction model above, FET’s price in 2029 would be $0.81. This price would however would range from $0.97 and $0.64.
According to the Fetch.ai Price Prediction model above, FET’s price in 2030 would be $1.11. This price would however would range from $1.33 and $0.88.
According to the Fetch.ai Price Prediction model above, FET’s price in 2031 would be $1.50. This price would however would range from $1.80 and $1.20.
According to the Fetch.ai Price Prediction model above, FET’s price in 2032 would be $2.05. This price would however would range from $2.46 and $1.64.
According to the Fetch.ai Price Prediction model above, FET’s price in 2033 would be $2.78. This price would however would range from $3.34 and $2.23.
According to the Fetch.ai Price Prediction model above, FET’s price in 2034 would be $3.79. This price would however would range from $4.55 and $3.03.
The highest price for Fetch.ai was recorded in 8th September 2021 during which FET hit an All Time High of $1.17
The price of 1 Fetch.ai according to current market rate is $0.21
