Fetch.ai (FET) Price Prediction 2024-2030: Will FET Price Hit $5 Soon?

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Fetch.ai-(FET)-Price-Prediction
  • FET’s price might increase by another 100% and reach $5.14 before the end of 2024.
  • While the price might reach $10.50 in 2025, FET might decrease to $8.64 in 2026.
  • The price of FET could rally to $42 before the end of 2030.

Since last year, many projects have been showing great prowess in the crypto market. While some have been underwhelming, others have displayed incredible potential. One project that has shown evidence of the latter is Fetch.ai (FET).

Unknown to many, FET is not new to the market. However, the project was in oblivion for a while before the hype around AI brought it back to the limelight. Here, Coin Edition analyzes the price prediction from 2024 to 2030.

Fetch.ai (FET) Real Time Market Status

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What is Fetch.ai (FET)?

Fetch.ai is an Artificial Intelligence (AI) project that was founded in 2017. However, it was not until 2019 that the token was launched via a Binance IEO. IEO stands for Initial Exchange Offering.

With Fetch.ai, users can access a permissionless network to access datasets on autonomous AI services. Some other use cases include micromobilty and DeFi trading. Fetch is unique in the sense that the network is completely decentralized. Also, it is secured by multi-party cryptography that ensures that users’ data are not exposed.

Fetch.ai (FET) Market Status

FET’s price at press time was $2.50, representing a 12.37% increase in the last 24 hours. This performance made the token, which has AI fundamentals, one of the best performers in the top 100.

Like the price, the trading volume of FET also increased. At press time, the volume was $278.42 million, suggesting rising interest in the cryptocurrency.  Fetch.ai is ranked number 51 on the market cap standing and has a market cap of $2.12 billion.

Its maximum supply is unknown but it has a circulating supply of 848.19 million tokens. However, its total supply is over 1 billion. FET is available on Binance, Coinbase, OKX, HTX, KuCoin, Kraken, and some other exchanges.

However, FET might soon be integrated with AI and OCEAN which are other AI tokens. Recently, the teams behind the projects announced that they might soon be known under one token with the ticker ‘ASI.’

Fetch.ai (FET) Price Analysis

XRP’s price is something that has piqued the interest of many traders. While the token has been underperforming lately, that does not mean it will continue to go down. Hence, Coin Edition looks at the token’s potential in this article segment.

Fetch.ai (FET) Price Analysis – Bollinger Bands

According to the 4-hour chart, the Bollinger Bands expanded, indicating high volatility. With this trend, the price of FET could make big upswings if buying pressure increases. However, massive profit-taking could cause FET to plummet.

FET/USD 4-Hour Chart (Source: TradingView)

However, press time data showed that the upper band of the BB had touched FET at $2.45, indicating that the token was overbought. As such, the price might retrace and the next target could be $2.20.

Fetch.ai (FET) Price Analysis – Relative Strength Index (RSI)

As of this writing, the Relative Strength Index (RSI) was 66.20. For the token, the reading suggested good buying momentum. But previously, the RSI had surpassed this point and moved to the overbought level.

FET/USD 4-Hour Chart (Source: TradingView)

This was one of the reasons FET dropped after reaching $2.47. As it stands, the buying momentum was declining, and a fall to $2.12 support could be possible.

Fetch.ai (FET) Price Analysis – Moving Average Convergence Divergence

Indications from the Moving Average Convergence Divergence (MACD) showed that buyers still dominated the chart. At press time, the MACD was positive. Also, the 12 EMA (blue) had crossed above the 26 EMA (orange), confirming that buyers had outpaced sellers.

FET/USD 4-Hour Chart (Source: TradingView)

With this position, FET might find it challenging to go below $2 in the short, and a possible increase to $3 could be possible.

Fetch.ai (FET) Price Prediction 2024

In 2024, FET might continue to build on its increase from last year. This was evident from the price action on the daily chart.

FET/USD Daily Chart (Source: Santiment)

As of this writing, a buy signal appeared at $2.12, indicating that the entries around this level could propel a significant hike. Furthermore, the 4.236 Fibonacci indicator showed that FET’s price might increase to $5.14 and this is the level, the token might hit by the end of the year.

Fetch.ai (FET) Price Prediction – Resistance and Support Levels

A look at the 4-hour chart showed that the $1.90 support was a crucial spot for FET. If bulls hold on to the region, FET might not drop below the price. However, there was resistance at $2.20 which would also be vital to FET’s price action

FET/USD 4-Hour Chart (Source: TradingView)

At press time, the token has broken through this hurdle. But another one appeared at $2.61. A break past this resistance might send FET toward $3.06. However, a decline below the point could send FET down to $2.40.

Fetch.ai (FET) Price Prediction 2025

2025 might be a big year for FET especially as the token could go through a merge, and this could drive the market cap higher. Furthermore, the projected development expansion in the AI industry is expected to influence price action. As such, the price of FET could be $10.50 in 2025.

Fetch.ai (FET) Price Prediction 2026

By 2026, holders of FET might take profits off the gains of 2024 and 2025. With this in mind, the token’s price might drop lower than in 2025. Hence, FET’s price could be $8.64 in 2026.

Fetch.ai (FET) Price Prediction 2027

The price of FET is expected to recover in 2027. By this time, the recovery might not produce a 5x return as the move upwards could be a little slow. Therefore, the price could be $13 in 2027.

Fetch.ai (FET) Price Prediction 2028

In 2028, AI adoption must have reached almost all corners of the globe. Should this be the case, the values of AI-themed tokens might surge to incredible heights. Thus, FET might hit $25 in 2028.

Fetch.ai (FET) Price Prediction 2029

By 2029, the price of FET might continue its rally. This time, the pump might not be as enormous as it is projected to be in 2029. Therefore, FET might experience a minimal increase to $28.50.

Fetch.ai (FET) Price Prediction 2030

2030 could be different for the token. From our projections, the AI category in the market is expected to have a good market share. With trillions of dollars expected to be pumped into the ecosystem, FET might change hand at $42.

Fetch.ai (FET) Price Prediction 2040

The market might suffer from a lack of liquidity between 2030 and 2040. This could be due to G regulatory issues and possible witchhunt of certain projects that Fetch.ai could be part of. As such, the price increase could be mild at $48.75

Minimum Price Average PriceMaximum Price
$36.13$42.40$48.75

Fetch.ai (FET) Price Prediction 2050

By 2050, FET’s price is expected to produce a parabolic move. This projected move is expected to usher in a lot of new money for the project. As such, the price of FET could hit $60 at maximum.

Minimum Price Average PriceMaximum Price
$45.03$51.47$60

Conclusion

After everything has been explained, potential investors should know that WLD’s price will not always go up. While it might have solid fundamentals, it is at risk of a decline like every other cryptocurrency. Therefore, if you intend to buy, it is important to do your research and analyze developments around the token before activating the buy button.

FAQs

What is FET?

FET is the native token of Fetch.ai, a decentralized network with Artificial Intelligence (AI) fundamentals.

How do you buy FET?

You can buy FET on different exchanges. Some of the platforms to buy the token include Coinbase, OKX, Binance, and Kraken, among others.

Is FET a good investment?

With a 748% price increase in the last year, FET has proven to be a good investment. One of the reasons for this is the buzzing AI industry. As it stands, the AI sector might continue to make groundbreaking developments. As such, FET might continue to be a good investment unless the broader market crashes.

What is FET’s all-time high?

FET’s all-time high was $3.47 in March 2024.

Will FET reach $1 soon?

FET can reach $5 soon. While the price might have gone through a corrective phase, a bounce could be next. If buying pressure increases, and bulls can sustain the bounce, FET might hit $5 within a few months.

What is the maximum supply of FET?

The maximum supply of FET is unknown but its total supply is over 1 billion tokens.

Will FET surpass its current ATH?

The answer is yes, FET can surpass its current ATH. With AI conferences billed for later in the year, traders might continue to buy the token, and this could push its price past the $3.47 region which is its current ATH.

What is the lowest price of FET?

FET’s lowest price was $0.008 in 2019.

Who is the founder of FET?

Humayun Sheikh, Toby Simpson, and Thomas Hain co-founded Fetch.ai.

Which year was FET launched?

Fetch.ai launched in 2017. But FET, as a token launched in March 2019.

How do I store FET?

You can store FET on an online wallet like Trust Wallet. If you have MetaMask, that can also work too. However, if you prefer to store your assets offline, you can use a hardware wallet.

What will be the price of FET in 2024?

The price of FET could reach $5.14 in 2024.

What will be the price of FET in 2025?

FET’s price is expected to reach $10.50 in 2025.

What will be the price of FET in 2026?

By 2026, the price of FET might be $8.64 in 2026.

What will be the price of FET in 2027?

FET’s price is predicted to hit $13 in 2027.

What will be the price of FET in 2028?

The price of FET might be $25 in 2028.

What will be the price of FET in 2029?

In 2029, FET’s price could reach $28.50 in 2029.

What will be the price of FET in 2030?

By 2030, the price of FET is expected to be $42 in 2030.

What will be the price of FET in 2040?

The price of FET could be $48.75 in 2040.

What will be the price of FET in 2050?

FET’s price might hit $60 in 2050.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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