{"id":27795,"date":"2024-08-27T19:00:47","date_gmt":"2024-08-27T16:00:47","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27795"},"modified":"2024-08-27T12:17:45","modified_gmt":"2024-08-27T09:17:45","slug":"fet-poised-for-a-surge","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/fet-poised-for-a-surge\/","title":{"rendered":"FET Poised for a Surge!"},"content":{"rendered":"<div>The Artificial SuperIntelligence Alliance (FET), a collaboration of three AI projects, has seen a remarkable 62% increase in the past week.<\/div>\n<div><\/div>\n<div>With just days remaining until the earnings report from NVIDIA, a publicly traded AI and tech giant in the U.S., crypto investors are anticipating a potential surge in AI-related altcoins alongside the report&#8217;s release.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/coinengineer.net\/blog\/fetch-fet-pair-long-term-technical-analysis\/\">FET<\/a>, a project born from the union of Fetch.ai, Ocean Protocol, and SingularityNET, has gained significant momentum recently. The past week has been especially profitable for FET investors.<\/div>\n<div><\/div>\n<div><strong>FET&#8217;s Rise Sparks FOMO Among Whales<\/strong><\/div>\n<div><\/div>\n<div>FET, one of the leading candidates in the AI bull market, has caught the attention of a whale, whose actions have sparked interest. According to Lookonchain, the whale began taking risks after missing out on FET&#8217;s 62% rise last week.<\/div>\n<div><\/div>\n<div>From August 11th to 23rd, the whale sold 2.23 million FET for $2.385 million, with an average selling price of $1.02. However, after FET continued to climb, the whale experienced FOMO (fear of missing out) and bought back 1.79 million FET at $1.33, spending $2.385 million.<\/div>\n<div><\/div>\n<div><strong>AI Projects Await NVIDIA&#8217;s Report<\/strong><\/div>\n<div><\/div>\n<div>The whale&#8217;s decision to buy back FET at a higher price, after selling earlier, cost them 440,000 FET. It\u2019s likely that the whale is now holding onto their FET investment, awaiting NVIDIA&#8217;s earnings report.<\/div>\n<div><\/div>\n<div>NVIDIA&#8217;s Q2 earnings report, set to be released on Wednesday, August 28th, could potentially trigger a rise in several AI-focused coins. Interest in FET, the AI coin with the strongest recent performance, continues to grow daily.<\/div>\n<div>\n<p data-sourcepos=\"13:1-13:156\"><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\" data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;23383&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Top 10 Altcoins Developers Are Most Focused On This Week&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n<div class=\"kksr-stars\">\n<div class=\"kksr-stars-inactive\">\n<div class=\"kksr-star\" data-star=\"1\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Artificial SuperIntelligence Alliance (FET), a collaboration of three AI projects, has seen a remarkable 62% increase in the past week. With just days remaining until the earnings report from NVIDIA, a publicly traded AI and tech giant in the U.S., crypto investors are anticipating a potential surge in AI-related altcoins alongside the report&#8217;s release.<\/p>\n","protected":false},"author":1,"featured_media":27486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1139,4432,4854,4433],"class_list":["post-27795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-fet","tag-nvidia","tag-ocean-protocol","tag-singularitynet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FET Poised for a Surge! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/fet-poised-for-a-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FET Poised for a Surge! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The Artificial SuperIntelligence Alliance (FET), a collaboration of three AI projects, has seen a remarkable 62% increase in the past week. 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