Fetch.ai

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Crypto analytics firm Santiment is predicting price volatility for Cardano (ADA), Maker (MKR), and Fetch.ai (FET) after they have all soared this year.
Santiment says an increase in whale activity on the three projects, smart contract platform ADA, stablecoin issuer MKR and machine learning blockchain FET, signals large price swings are forthcoming.

“Cardano, Maker, and Fetch have all had their moments to shine in 2023. FET in particular, which has 5x’d since January 1st. But these three assets in particular have all seen steep increases in whale activity, and you can expect major swings from here.”
Source: Santiment/Twitter
Fetch.ai had one of the strongest performances among altcoins in 2023, rising 527% from its 2022 close of $0.094 to a high in February of $0.59.
Fetch.ai is worth $0.46 at time of writing.
Santiment says Maker has gone on a strong enough rally to finally bring the average holder above water for the first time since December 2021. Maker is trading for $887.88 at time of writing.
“Traders who have invested in Maker over the past year are finally above water. Our latest community insight takes a look at MKR’s 13% increase in supply on exchanges, increased sell pressure, and what this all means for future price performance.”
Source: Santiment/Twitter
Looking at king crypto Bitcoin (BTC), Santiment says the whale addresses are on a decline from their all-time high of 2,489 on February 8th.
“The amount of existing whale Bitcoin addresses are continuing to sink, with 2,011 existing compared to 2,266 that existed one year ago today. 2,489 was the All Time High set on February 8th, where prices jumped +70% in the following 10 weeks.”
Source: Santiment/Twitter
Lastly, Santiment says the metaverse platform The Sandbox (SAND) is setting the stage for a price correction after a token unlock.
“The Sandbox had 20% of tokens unlocked on February 4th, in line with tokenomics. Prices, however, have been stagnant.”
In a Santiment Insights blog post, the analytics firm dives deeper into an unusual pattern seen in SAND.
“However, between February 20th and 22nd, an unusual pattern emerged where more tokens entered the exchange markets, even at lower higher-higher values. This increase in supply indicates that prices will likely correct soon. Similar patterns were observed during previous token-unlocking events in August-September 2022. Where the prices plunged after a month of token unlocking.”
Source: Santiment/Twitter
The Sandbox is trading for $0.69 at time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Crypto Analytics Firm Predicts Major Swings for Cardano, Maker and One AI Altcoin That’s Up Over 500% in 2023 appeared first on The Daily Hodl.


Crypto analytics firm Santiment is predicting price volatility for Cardano (ADA), Maker (MKR), and Fetch.ai (FET) after they have all soared this year. Santiment says an increase in whale activity on the three projects, smart contract platform ADA, stablecoin issuer MKR and machine learning block...

dailyhodl.com

Crypto Analytics Firm Predicts Major Swings for Cardano, Maker and One AI Altcoin That’s Up Over 500% in 2023

A popular cryptocurrency strategist is bullish on king crypto Bitcoin (BTC) over the next couple of weeks and months.
The widely followed host of InvestAnswers tells his 441,000 YouTube subscribers in a new video that Bitcoin typically records the biggest gains from April through to June.

“We might get a positive April or May as we go forward. And again like anything in any market things take a breather but that is interesting. Also, if you look at the averages below, April is 36% return on average over the history of Bitcoin, only beaten by November.
Now the reason I stress that… because you don’t get the gainers in April unless you buy in March. If you’re not on the train, you could miss that. And again, I’m just looking at history and explaining how things work. But typically March is the best month to buy because the next 60 to 90 days you get the biggest gains.”
Source: InvestAnswers/YouTube
Based on Bitcoin’s historical returns, April has averaged 36% gains while November has averaged 38%, per InvestAnswers’ chart.
According to the InvestAnswers host, the year that best compares to 2023 is 2019, and it produced stellar returns for Bitcoin in five months of the first half.
“If you try to find the analog of 2023, that would be 2019, and it’s off by a month.
But if you imagine in 2019 we had Feb, March, April, May, June all positive – a five-month run of all positive numbers. And it’s rare you get that these days. But it could be possible.”
The InvestAnswers host also says that data shows that options traders expect the price of Bitcoin to go up over the coming two to three months.
“Most people are buying calls and the calls they’re buying are $25,000 strikes, $27,000 strikes, $30,000 strikes. A little bit of $31,000 and $32,000 as well. Heavy, heavy bullish action on Deribit [crypto options and futures exchange]. A lot of money going into these future contracts. And this is out to May 26, 2023. So many believe the next two months [or] three months will be pretty good. And that is in line with history.”
Source: InvestAnswers/YouTube
Bitcoin is worth $23,783 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
The post Bitcoin on Track To Fetch ‘Biggest Gains’ Over Coming Months Based on One Metric, Says Analyst appeared first on The Daily Hodl.


A popular cryptocurrency strategist is bullish on king crypto Bitcoin (BTC) over the next couple of weeks and months. The widely followed host of InvestAnswers tells his 441,000 YouTube subscribers in a new video that Bitcoin typically records the biggest gains from April through to June. “We mig...

Bitcoin on Track To Fetch ‘Biggest Gains’ Over Coming Months Based on One Metric, Says Analyst

One of the leading artificial intelligence crypto projects is soaring due to a new partnership with electronics giant Bosch.
The team behind the Ethereum-based altcoin project Fetch.ai (FET) says the two will work together to boost development of industrial applications based on AI and Web3 technologies.

“Our mission is to drive the advancement of AI and Web3 technologies, with a focus on creating a collaborative ecosystem for industry participants that is poised to unlock new innovations and business opportunities. 
As a transparent governing body, initiated by Fetch.ai and Bosch, we bring key industry participants together, advance research and adoption in Web3 technology, cryptography, and artificial intelligence, and advocate for the shared benefits of these technologies.”
News of the partnership sent the price of Fetch.ai’s native token FET soaring. FET is now trading at $0.48, up 13.9% in the last 24 hours.
The altcoin has been on a tear this year, alongside other AI-focused projects in the crypto space.
FET began the year at $0.09 and its current price of $0.48 represents a stunning 433% increase in 2023.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Ethereum-Based AI Project Soars After Announcing Partnership With Electronics Giant appeared first on The Daily Hodl.


One of the leading artificial intelligence crypto projects is soaring due to a new partnership with electronics giant Bosch. The team behind the Ethereum-based altcoin project Fetch.ai (FET) says the two will work together to boost development of industrial applications based on AI and Web3 techn...

Ethereum-Based AI Project Soars After Announcing Partnership With Electronics Giant

German multinational engineering giant Bosch and Cambridge-based artificial intelligence lab – Fetch.ai – have jointly unveiled a new foundation focused on fueling industrial adoption of software agents, AI, and Web3 technology.
Dubbed – Fetch.ai Foundation – this new initiative will focus on areas such as research and development as well as harnessing the application and adoption of agents, Artificial Intelligence, and Web3 decentralized technologies for real-world use cases to improve the existing network.

The target will also be to assist in the long-term development of Web3-powered solutions and services in sectors across mobility, industrial tech, and consumer products.
In a press release shared with CryptoPotato, Humayun Sheikh, Fetch.ai’s Founder and CEO commented,

“Over the next three years, our team will look to inject upwards of $100 million into industrial AI through various grant programs as a way to accelerate growth within our space alongside like-minded businesses and partners. We would also like to encourage other industrial players to join the foundation to steer and influence the development of this AI-powered peer-to-peer tech stack.”

At launch, the foundation’s board will be anchored by the Fetch.ai and Bosch teams. Meanwhile, the focus will be on slowly developing strategic participant growth with businesses that seek to develop the infrastructure for a “decentralized digital economy” driven by AI.
To that extent, Peter Busch, Chairperson of the Fetch.ai Foundation, believes combining disrupting technologies with the proven world-class hardware and software capabilities of the classic engineering corporations is crucial which will ultimately pave the way for other partners to join. Busch further added,

“Bosch as one of the worldwide leaders in industrial engineering and mobility solutions sees the huge need for smarter technologies and governance to cope with the challenges coming with ever more connected ecosystems regarding safety/security, privacy, and data ownership”
The post Bosch and Fetch.AI Launch $100M Foundation to Fuel Web3 Adoption appeared first on CryptoPotato.

The two long-term partners have also been building a decentralized machine-learning network. 

cryptopotato.com

Bosch and Fetch.AI Launch $100M Foundation to Fuel Web3 Adoption

A widely followed crypto analyst is updating his outlook on Fantom (FTM), The Graph (GRT) and Fetch.ai (FET).
In a new strategy session, Michaël van de Poppe tells his 163,000 YouTube subscribers that Ethereum (ETH) rival Fantom could dip as low as $0.33 only to bounce up 50%.

“$0.65 is a level that is based on higher timeframes. The previous low block here [at $0.51], which most likely is becoming resistance, which we have been seeing here as well. If you use the order block theory, you can easily understand that this block around $0.48 is going to be giving you a massive bounce at this point. And in this case, we most likely see it as well. The candle was doing well. 
If we don’t get it, we are looking at $0.38 and we’re looking at $0.33, that entire region, for either swing entries or second, we’re just buying the bounce, in which we can generate a bounce of 50% again.” 
Fantom is trading for $0.427 at time of writing.
Next, the trader says blockchain indexing protocol The Graph could rally up to $0.21 if it breaks through $0.17.
“We’ve had this big run taking place here. We can mark the levels again. We can mark the level here as the daily, which is $0.095, and a second, if we get there, $0.13. It’s the ultimate next trigger because $0.095 probably going to give you the best entry for the next swing trade, $0.13 most likely as well, but it at least generates a bounce of 50% to 80% for you… 
If we have this trade trigger here at $0.17, most likely we’re going to get a breakthrough $0.185 and then we start targeting $0.20 to $0.21, which also gives you 25% to 35% trade.” 
The Graph is worth $0.161 at time of writing.
Lastly, Van de Poppe says Fetch.ai’s massive run has likely run out of steam and could enter a correction down to a low of $0.20. Although, he says if FET remains strong, it could continue to rally up to $0.90. FET closed 2022 at $0.094 and rallied to a 2023 high of $0.59 on February 8th, a 527% increase.
“Fetch is one that has been going absolutely mental. We went from $0.06 towards $0.60, taking out all these highs. So it could be that with this structure taking out these highs here [$0.60], we probably are at the end stage of this run for Fetch. I think that if we continue rallying, we go towards $0.90. But we could also easily correct all the way back towards $0.20 to $0.30 and have a buy-the-dip season there.” 
Fetch.ai is worth $0.41 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
The post Trader Updates Outlook on Fantom, the Graph and AI Altcoin That’s Up 530% This Year – Here Are His Targets appeared first on The Daily Hodl.


A widely followed crypto analyst is updating his outlook on Fantom (FTM), The Graph (GRT) and Fetch.ai (FET). In a new strategy session, Michaël van de Poppe tells his 163,000 YouTube subscribers that Ethereum (ETH) rival Fantom could dip as low as $0.33 only to bounce up 50%. “$0.65 is a level t...

Fetch.ai price	$0.348754
Low - High 24H	$0.337735 - $0.376252
Market cap	$363.94M
Volume 24H	$59.15M
All time high	$1.17 -70.24% September 8th 2021
All time low	$0.00817 4169.74% March 13th 2020
Genesis date	N/A

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