{"id":518608,"date":"2023-02-03T19:50:16","date_gmt":"2023-02-03T19:50:16","guid":{"rendered":"https:\/\/wncen.com\/?p=518608"},"modified":"2024-06-11T14:34:45","modified_gmt":"2024-06-11T14:34:45","slug":"fetch-ai-fet-20-soars-ai-arms-race","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","title":{"rendered":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens"},"content":{"rendered":"

Fetch.AI (FET)<\/a> has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the “AI arms race” heating up is causing AI-adjacent cryptocurrency tokens to spike higher.<\/p>\n

FET could be climbing in tandem with ChatGPT reaching an important user base milestone Here is a closer look at FETUSD charts and related technicals to get a sense of where the thriving AI token could go next.<\/p>\n

ChatGPT Reaches 1 Million Users In 2 Months, Creating AI “Arms Race”<\/h2>\n

The undeniable potential of OpenAI’s ChatGPT has created intense interest in artificial intelligence, and its helping to drive AI-related crypto tokens to significantly higher prices. The New York Times<\/a> says that the program has created an “arms race” in AI, where the entire tech world all at once rushes to harness its power, or risk being completely disrupted.<\/p>\n

Related Reading: ChatGPT Crypto Trading Guide: Using AI To Trade Cryptocurrencies<\/a><\/div>\n

Reports circulated yesterday that the now-famous AI chatbot surpassed more than 100 million active monthly users in only two months since launching. For comparison sake, UBS analysts<\/a> say it took Instagram 30 months to reach the same feat, with TikTok taking nine months.<\/p>\n

\"FETUSD_2023-02-03_14-14-47\"<\/p>\n

FET has had a monster rally on the heels of the success of ChatGPT | FETUSD on TradingView.com<\/a><\/pre>\n
Fetch.AI<\/a> has no affiliation with OpenAI or ChatGPT, but has benefited from the greater categorical trend. The currently 139th cryptocurrency by market cap is up more than 15% currently, with a high of 21% for the day. This only adds to a 269% year-to-date rally and a 529% recovery from lows set in late November.<\/p>\n
Despite all this upside, Fetch.AI remains down by 73% from its 2021 all-time high. Former highs of over $1.26 are roughly another 269% from here.<\/p>\n
Fetch.AI (FETUSD) Adds Another 20%+ To More Than 260% 2023 Rally<\/h2>\n
Fetch.AI<\/a> has posted shocking returns to start the year and since the local bottom. It continues to outperform the broader cryptocurrency market alongside other AI tokens. But after an abrupt rally, could the AI-linked crypto token be ready to pull back?<\/p>\n
Related Reading: FetchAI Climbs More Than 100% To Start 2023 On The Right Foot<\/a><\/div>\n
In a bullish scenario, FETUSD monthly blasts through the middle-line on the Bollinger Bands \u2013 a 20-month simple moving average \u2013 and makes a run for the upper band located near former highs. In a bearish scenario, FET is rejected at resistance. The rally could also slow down and price consolidate below the median in a more neutral outcome.<\/p>\n
\"FetchAI<\/p>\n
FET has reached monthly resistance according to the Bollinger Bands | FETUSD on TradingView.com<\/a><\/pre>\n
The inflection point in FETUSD is also visible on the weekly timeframe, which has triggered a perfected TD9 sell setup using the TD Sequential. The setup is appearing just below TDST resistance (red line pictured below). Although the signal supports selling FET after an extended rally, a failed sell signal is a powerful buy signal.<\/p>\n
Take note of the three previous instances FETUSD weekly charts resulted in a perfected sell setup. Two out of three barely led to a pullback and FET kept on climbing, while the third resulted in longer-term top and a brutal 95% collapse from peak to trough.<\/p>\n
\"FET<\/p>\n
Will the AI trend cool off, or continue to heat up? | FETUSD on TradingView.com<\/a><\/pre>\n
Will FET make it three out of four times that it smashes through resistance, driven by an increasingly\u00a0strengthening AI narrative<\/a>? Or will the AI crypto token finally suffer a serious pullback?<\/p>\n
Follow @TonyTheBullBTC on Twitter<\/a> or join\u00a0the TonyTradesBTC Telegram<\/a> for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the “AI arms race” heating up is causing AI-adjacent cryptocurrency tokens to spike higher. FET could be climbing in tandem with ChatGPT reaching an important user base milestone Here is a closer look at FETUSD charts and related technicals to get a sense of where the thriving AI token could go next. ChatGPT Reaches 1 Million Users In 2 Months, Creating AI “Arms Race” The undeniable potential of OpenAI’s ChatGPT has created intense interest in artificial intelligence, and its helping to drive AI-related crypto tokens to significantly higher prices. The New York Times says that the program has created an “arms race” in AI, where the entire tech world all at once rushes to harness its power, or risk being completely disrupted. Related Reading: ChatGPT Crypto Trading Guide: Using AI To Trade Cryptocurrencies Reports circulated yesterday that the now-famous AI chatbot surpassed more than 100 million active monthly users in only two months since launching. For comparison sake, UBS analysts say it took Instagram 30 months to reach the same feat, with TikTok taking nine months. FET has had a monster rally on the heels of the success of ChatGPT | FETUSD on TradingView.com Fetch.AI has no affiliation with OpenAI or ChatGPT, but has benefited from the greater categorical trend. The currently 139th cryptocurrency by market cap is up more than 15% currently, with a high of 21% for the day. This only adds to a 269% year-to-date rally and a 529% recovery from lows set in late November. Despite all this upside, Fetch.AI remains down by 73% from its 2021 all-time high. Former highs of over $1.26 are roughly another 269% from here. Fetch.AI (FETUSD) Adds Another 20%+ To More Than 260% 2023 Rally Fetch.AI has posted shocking returns to start the year and since the local bottom. It continues to outperform the broader cryptocurrency market alongside other AI tokens. But after an abrupt rally, could the AI-linked crypto token be ready to pull back? Related Reading: FetchAI Climbs More Than 100% To Start 2023 On The Right Foot In a bullish scenario, FETUSD monthly blasts through the middle-line on the Bollinger Bands \u2013 a 20-month simple moving average \u2013 and makes a run for the upper band located near former highs. In a bearish scenario, FET is rejected at resistance. The rally could also slow down and price consolidate below the median in a more neutral outcome. FET has reached monthly resistance according to the Bollinger Bands | FETUSD on TradingView.com The inflection point in FETUSD is also visible on the weekly timeframe, which has triggered a perfected TD9 sell setup using the TD Sequential. The setup is appearing just below TDST resistance (red line pictured below). Although the signal supports selling FET after an extended rally, a failed sell signal is a powerful buy signal. Take note of the three previous instances FETUSD weekly charts resulted in a perfected sell setup. Two out of three barely led to a pullback and FET kept on climbing, while the third resulted in longer-term top and a brutal 95% collapse from peak to trough. Will the AI trend cool off, or continue to heat up? | FETUSD on TradingView.com Will FET make it three out of four times that it smashes through resistance, driven by an increasingly\u00a0strengthening AI narrative? Or will the AI crypto token finally suffer a serious pullback? Follow @TonyTheBullBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":518628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10151,87502,87565,87770,87567,17203,87768,87769],"class_list":["post-518608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ai","tag-chatgpt","tag-fet","tag-fetbtc","tag-fetch","tag-fetch-ai","tag-fetusd","tag-fetusdt"],"acf":[],"yoast_head":"\nFetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens<\/title>\n<meta name=\"description\" content=\"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens\" \/>\n<meta property=\"og:description\" content=\"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T19:50:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony "The Bull" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "The Bull" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\"},\"author\":{\"name\":\"Tony \\\"The Bull\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens\",\"datePublished\":\"2023-02-03T19:50:16+00:00\",\"dateModified\":\"2024-06-11T14:34:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\"},\"wordCount\":574,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768\",\"keywords\":[\"AI\",\"ChatGPT\",\"fet\",\"fetbtc\",\"Fetch\",\"fetch.ai\",\"fetusd\",\"fetusdt\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\",\"url\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\",\"name\":\"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768\",\"datePublished\":\"2023-02-03T19:50:16+00:00\",\"dateModified\":\"2024-06-11T14:34:45+00:00\",\"description\":\"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768\",\"width\":1365,\"height\":768,\"caption\":\"fetch ai fet chatgpt\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"The Bull\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"The Bull\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens","description":"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","og_locale":"en_US","og_type":"article","og_title":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens","og_description":"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the","og_url":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-02-03T19:50:16+00:00","article_modified_time":"2024-06-11T14:34:45+00:00","og_image":[{"width":1365,"height":768,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","type":"image\/jpeg"}],"author":"Tony \"The Bull\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"The Bull\" Severino","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/"},"author":{"name":"Tony \"The Bull\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens","datePublished":"2023-02-03T19:50:16+00:00","dateModified":"2024-06-11T14:34:45+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/"},"wordCount":574,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","keywords":["AI","ChatGPT","fet","fetbtc","Fetch","fetch.ai","fetusd","fetusdt"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","url":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","name":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","datePublished":"2023-02-03T19:50:16+00:00","dateModified":"2024-06-11T14:34:45+00:00","description":"Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","width":1365,"height":768,"caption":"fetch ai fet chatgpt"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"The Bull\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"The Bull\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens","url":"http:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/fetch-ai-fet-20-soars-ai-arms-race\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ai","chatgpt","fet","fetbtc","fetch","fetch.ai","fetusd","fetusdt"],"dateCreated":"2023-02-03T19:50:16Z","datePublished":"2023-02-03T19:50:16Z","dateModified":"2024-06-11T14:34:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/fetch-ai-fet-20-soars-ai-arms-race\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/fetch-ai-fet-20-soars-ai-arms-race\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/iStock-1415186993.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/iStock-1415186993.jpg?fit=1365%2C768\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ai\",\"chatgpt\",\"fet\",\"fetbtc\",\"fetch\",\"fetch.ai\",\"fetusd\",\"fetusdt\"],\"dateCreated\":\"2023-02-03T19:50:16Z\",\"datePublished\":\"2023-02-03T19:50:16Z\",\"dateModified\":\"2024-06-11T14:34:45Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/iStock-1415186993.jpg?fit=1365%2C768","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/518608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=518608"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/518608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/518628"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=518608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=518608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=518608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}