Data in the cryptocurrency market shows that over 95% of those who buy this AI coin are currently in profit. As Kriptokoin.com, we have compiled for you the profits and earnings of this artificial intelligence coin, which fills the pockets of its buyers in data analysis.
AI coin holders profit
The tokens of the Fetch.ai (FET) platform, which combines blockchain and artificial intelligence to create a network of Autonomy of Things (AoT) applications, noted the growing interest of crypto whales earlier this month, who were increasingly trading FETs.
While the majority of the cryptocurrency market has been posting losses in recent days, under the weight of gains from this year’s turnaround, artificial intelligence (AI) hype revived by the popularity of text-based AI platform ChatGPT, Fetch.ai (FET) is helping the majority of owners stay in profits. it helped.
Specifically, up to 96% of FET owners make a profit (in money) at the current price. According to the latest information from IntoTheBlock, only 4% are in loss and 1% in money. However, of all observed holders of the Fetch.ai token, 99% of those holding the AI coin for more than a year are considered long-term holders, while only 1% hold it for between one and 12 months and 0% hold it for more than a month. it takes less.
Fetch.ai price analysis
Considering that Fetch.ai has recorded a 5.1% increase in the last seven days and at the same time, Bitcoin (BTC), the representative of the crypto market, has fallen, the success of AI tokens in the bearish market can be considered significant. Also, Bitcoin (BTC) is recording a 1.25% drop in the same time frame.
It’s also important to note that FET has increased by as much as 73.29% over the past 30 days, helping the AI hype to grow by a whopping 402.39% since the start of the year. However, as indicated by the charts, it is momentarily changing hands at $0.4573.
Coincidentally, the price of FET soared last week in response to the announcement that the Fetch.ai protocol has partnered with electronics giant Bosch to create a foundation dedicated to the research and development of Web3 technology for real-world industrial applications.
In addition to other positive developments, such as the growing interest from crypto whales surrounding the AI platform, the announcement and the ensuing price spikes helped keep Fetch.ai moving forward and making it one of the top five AI cryptocurrencies to watch in March.
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